Forética, first Spanish organization to join 'Equal Pay International Coalition' (EPIC)

With this alliance, Forética joins the coalition led by the International Labor Organization (ILO), UN Women and the Organization for Economic Cooperation and Development (OECD).

The commitment of this coalition is to work for the reduction of the gender wage gap at an international level and with a multisectoral vision.

The incorporation to EPIC is in addition to the work carried out in the Social Impact Cluster, a business meeting point led by Forética and with the participation of nearly 50 large companies, focused on knowledge, exchange and dialogue on social impact.

Madrid, March 6, 2020.- Forética joins the Equal Pay International Coalition(EPIC), as the first Spanish organization to join this international coalition led by the International Labor Organization (ILO), UN Women and the Organization for Economic Cooperation and Development (OECD).

This alliance will allow Forética to actively participate, together with other organizations and leading international companies, in the fight against the gender pay gap, promoting initiatives to achieve pay equity, aligned with the Sustainable Development Goals (SDGs) on equality.

"The incorporation of Forética into this important coalition allows us to participate in international conversations and discussions on the pay gap with leading organizations such as the ILO, UN Women and the OECD. In addition, we will be able to tell our partners what trends and best business practices they can develop in their commitment to reducing inequality, with appropriate talent management in the workplace," says Germán Granda, CEO of Forética.

The salary gap in Spain stands at 14.2%, while the European average is 16.25%. It is estimated that the difference between the salary supplements received by men and women is 60% in favor of men (according to the Forética study on 'The business role in the gender gap').

The incorporation into EPIC will enhance the work carried out in the Social Impact Cluster, a business meeting point led by Forética in which more than 60 large companies participate, focused on knowledge, exchange and dialogue on social impact.