Banks will have to provide the PFSA with information on the gender pay gap and data on risk-takers with high earnings. Will have the obligation to calculate the “wage gap” due to gender | PRO HR January 2023

2023.01.31

Banks are required each year to submit to the Polish Financial Supervision Authority information for the previous year on the gender pay gap  and data on the number of risk-takers whose total remuneration in the previous year amounted to at least the PLN equivalent of EUR 1,000,000.

In the case of risk-takers with high salaries, information should be provided on the positions they hold, the amounts of the main components of their salaries, bonuses granted, long-term awards and pension contributions paid. 

The deadline for submitting the aforementioned information for 2022 is 31 January this year.  

From 2023 banks and brokerage houses are required to apply the EBA's new gender pay gap guidelines. On their basis, they will be required to calculate the gender pay gap, i.e. the difference between the average earnings of men and women. 

Information on the wage gap will be provided every three years, starting in 2024 (by 15 June). This means that the first data will be for 2023 and will be reported by 15 June 2024.

Find more in the PRO HR January 2023.