Compliance

In compliance with the provisions of the French law of 5 September 2018 on the freedom to choose one’s professional future, TSAF & TSAF OTC release the consolidated gender equality index for 2023.

This index enables French companies with more than 50 employees to evaluate, on a yearly basis, aspects related to professional gender equality.

TSAF & TSAF OTC achieved a 2023 gender equality score of 81 points out of 100.

 The detail of points per indicator is the following:

  • salary gaps between women and men : 29 points out of 40
  • gaps in wage increases: 35 points out of 35
  • salary increase in the year of return from maternity leave: not applicable
  • number of employees of the underrepresented gender among the ten employees who received the best remunerations : 5 points out of 10

 Progress targets:

TSAF and TSAF OTC operate in financial markets that traditionally have a strong representation of the male population in their sales and most highly remunerated activities.

TSAF and TSAF OTC have undertaken various initiatives as part of their Equal Opportunities Action Plan signed in July 2022.

We are targeting 2 indicators in order to reach the 85-point mark:

Under the General Pay Indicator, TSAF and TSAF OTC aim to improve the score from 29 to 33 points by 2024.

For the gendered distribution of the ten employees with the highest remuneration indicator, we hope to increase this number to 4 women by 31 December 2026 by putting into play on advancement process for women in the most remunerated professions.