Wage Equity (OI1582)

This metric is intended to capture the distance between the highest and lowest wages in the organization. Organizations with operations in many countries are encouraged to report multiple ratios, with each comparing wages of two employees located in the same country. Organizations should footnote details about the types of positions used in calculating this metric.

This ratio can be calculated based on salaried employees with fixed wages or on employees with variable salaries (such as hourly, daily, weekly, other specified time cycle, or other specified parameter).

In some contexts, this metric can serve as an indicator of whether the outcome being sought by an investor or organization is occurring (the WHAT dimension of impact). For more on the alignment of IRIS metrics to the five dimensions of impact, see IRIS+ and the Five Dimensions of Impact (https://iris.thegiin.org/document/iris-and-the-five-dimensions/). No single metric is sufficient to understand an impact; rather, metrics are selected as a set across all dimensions of impact. When possible, the selection of metrics to measure and describe the five dimensions should be based on best practice and evidence.