Banque Piguet Galland is proud to announce that it has won the Prix de l'Égalité 2024 at the Grands Prix de l'économie, held on 12 September at the BFM in Geneva. This prestigious prize, supported by the Geneva Chamber of Commerce, Industry and Services (CCIG), the State of Geneva and the Office for the Promotion of Industry and Technology, rewards years of commitment and constant efforts to promote equality within the company.
This distinction bears witness to Piguet Galland's pioneering role in promoting equal pay within the banking industry. In 2019, it was the first Swiss private bank to obtain the Fair-ON-Pay label, a certification validating the principles of respect for equal pay for women and men, and this before the legal obligation to monitor came into force In 2021, the Bank strengthened this commitment by renewing its certification with the additional mention ‘Fair-ON-Pay +’, testifying to an average net pay gap of less than 1%, well below the 5% threshold required for basic certification. In 2023, the certification maintenance analysis confirmed compliance with equal pay criteria under the Fair-On-Pay Advanced label.
‘We have put in place business models that enable all our employees to reconcile their private and professional lives, in particular through job-sharing and part-time working,’ explains Olivier Calloud, Chief Executive Officer of Piguet Galland.
Olivier Calloud, CEO of Piguet Galland.
The initiatives implemented by the Bank go far beyond equal pay. In 2023, Piguet Galland published its first Corporate Social Responsibility (CSR) report and joined the select circle of Swiss banks certified as a B Corp™, an internationally recognised certification that underlines its commitment to sustainability and societal impact. That same year, it was recognised as a Great Place to Work® thanks to the satisfaction of 93% of its employees, who feel that it is good to work at Piguet Galland. In 2024, the Bank even made it into the ‘Best Workplaces’ ranking, validating its status as one of the best employers in Switzerland.
Diversity is also a key part of the Bank's commitment, particularly at management level. Today, 40% of the members of the Executive Committee are women, and a third of the commercial sites are managed by women.
Piguet Galland has also innovated in terms of investments with its Women Empowerment certificate, investing in companies that favour the representation of women and in companies offering products and services that support their development.
When it comes to reconciling private and professional life, the Bank makes no distinction between men and women. It has extended paternity leave to three weeks and offers 19% of its employees the possibility of working part-time, 26% of whom are men.
Marina Bianchi-Galanti, Director of Human Resources, concludes: ‘When personal and professional values converge, it is a real driving force for the company's long-term future. This award is a valuable recognition of our ongoing efforts to promote equality and strengthen diversity within Piguet Galland.’
