48. Investment firms should comply with the following instructions in preparing the calculation: a. …

Investment firms should comply with the following instructions in preparing the calculation:

• a. The remuneration of staff members (irrespective of their gender) should be arranged by the amount beginning with the lowest amount. Each amount of remuneration for a staff member should be allocated to the male or female gender and it should be recorded whether or not the staff member is identified staff.
• b. Staff members of a gender different from the male or female gender should be allocated to the gender they identify with or, if this is unknown or if it is different from the male or female gender, these staff members should be allocated to the male or female gender that in total has the lower number of staff members.

6 Gender pay pap in percent = (average remuneration of men – average remuneration of women)*100/ average remuneration of men

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• c. The established list of staff should, where applicable under paragraph 45, be separated into quartiles.
• d. The median and mean of the remuneration for all male and female staff, and separately for male and female identified staff should be calculated – in total and, where applicable under paragraph 45, for each quartile.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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