IRIS metric (OI9767)
Wage Premium
Ratio that compares the additional average wage paid to employees of the organization, to the average wage paid for a similar job in a similar industry/sector in the local market, at the end of the reporting period.
Quantitative or Qualiative:
IRIS metric citation:
IRIS,2016.Wages (OI9767)
Link to source:
Impact theme:
Related sectors:
5 Links with other taxonomies
Direct links to other frameworks (4)
SDG target (8.5) -
By 2030, achieve full and productive employment and decent work for all women and men, including for young people and persons with disabilities, and equal pay for work of equal value »
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SDG indicator (8.5.1) -
Average hourly earnings of female and male employees, by occupation, age and persons with disabilities »
Indicator for SDG target 8.5 | 72 related metrics in other taxonomies
SDG target (10.4) -
Adopt policies, especially fiscal, wage and social protection policies, and progressively achieve greater equality »
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SDG indicator (10.4.1) -
Labour share of GDP, comprising wages and social protection transfers »
Indicator for SDG target 10.4 | 3 related metrics in other taxonomies
Suggested links (1)
GRI disclosure (202-1) -
Ratios of standard entry level wage by gender compared to local »
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