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Metso Outotec invests €2.2mn to level unexplained gender-related pay gaps

Metso Outotec has made a one-time investment of €2.2 million to correct identified individual, unexplained gender-related pay gaps.
By Guy Woodford June 21, 2022 Read time: 2 mins
Metso Outotec has invested €2.2 million to correct identified individual, unexplained gender-related pay gaps

These exceptional increases have been made to some 500 employees in around 20 countries. The increases were approved as part of a global salary review process, and consequently, managers have become more aware of potential biases in the salary setting.

Metso Outotec will continue to strengthen the recruitment process to ensure unbiased salary decisions are made for all people joining the Finnish quarrying and mining plant and linked technology manufacturing heavyweight across the globe.
 

Metso Outotec CEO & president Pekka Vauramo
Metso Outotec CEO & president Pekka Vauramo

”Building an inclusive culture is a priority at Metso Outotec, and acting on the gender-related pay gap findings was only one concrete action for 2022. We continue building awareness and capabilities globally and ensure that there are good processes in place to support equal treatment of our employees across the organisation,” says Pekka Vauramo, president and CEO of Metso Outotec.

Metso Outotec follows the progress of its diversity and inclusion agenda via engagement surveys, where the topic is one of the KPIs (key performance indicators).

Marjut Kumpulampi-Santos, vice president, Talent and Inclusion, Metso Outotec, shares more about the company’s plans for the culture transformation journey in 2022: “We are proud of the work we have accomplished so far in driving our diversity and inclusion agenda at Metso Outotec. Going forward, more actions will follow. In 2022, we continue increasing awareness inside the organisation and providing inclusion and psychological safety training for all employees. We are developing inclusive recruitment practices and looking at ways to remove barriers and bias from our processes."

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