Wage Premium (IRIS-OI9767)is an indicator of

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Description

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. Organizations should footnote the specific position(s) for which the wage premium applies, as well as assumptions and sources related to the comparable position at a similar organization. See usage guidance for further information. This indicator is taken from the IRIS 4.0 Full Catalogue. IRIS is a catalog of generally accepted performance metrics used by the impact investing community. This indicator has been taken from section: Operational Impact, sub section: Wages. Decimal

Organizations should footnote the specific position(s) for which the wage premium applies, as well as assumptions and sources related to the comparable position at a similar organization. See usage guidance for further information.
Learn how indicators from existing sets such as IRIS, GRI and the SDGs relate to each other by visiting: https://standards.sinzer.org/
Source

https://iris.thegiin.org/metrics

TypeObjective
BenchmarkSee here for more information: https://iris.thegiin.org/research
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