ÃÜÌÒAV publishes salary ranges for all open positions in Germany
More transparency and fairness
- ÃÜÌÒAV demonstrates pioneering spirit in recruiting with transparency
- Early implementation of the EU Pay Transparency Directive
- Strengthening employer branding and increasing efficiency in recruiting
ÃÜÌÒAV shows pioneering spirit in recruiting and discloses salary ranges for all advertised positions in Germany, regardless of hierarchy level or department. With this step, the materials manufacturer is proactively implementing the EU Pay Transparency Directive expected in 2026. This directive mandates employers to provide information about entry-level salaries or salary ranges for advertised positions during the application process.
¡°Trust, fairness, and equality are central values for us as an employer. By publishing salary ranges in our job postings, we demonstrate that we live by these values, take the concerns of applicants seriously, and promote an open and fair dialogue,¡± says Sophie von Saldern, Global Head of Human Resources at ÃÜÌÒAV. The company¡¯s existing workforce also benefits from this transparency, as salary bands are accessible internally.
Benefits for All: Greater Efficiency, Transparency, and Fairness
This new approach goes beyond positioning ÃÜÌÒAV as a transparent and fair employer ¨C it fundamentally transforms the entire recruitment process. The initiative was initially piloted in engineering roles, where there is a significant skills shortage. The positive results from the pilot encouraged ÃÜÌÒAV to extend the publication of salary ranges to all job advertisements.
¡°We¡¯re already seeing early indications of increased application numbers. At the same time, the recruitment process is becoming more focused, and we¡¯re receiving positive feedback from candidates. Applicants are assessing themselves within the salary range based on their qualifications and experience, which leads to more efficient and transparent discussions,¡± reports Dr. Ute Breitsohl, Head of Employer Branding & Recruiting in Germany.
Job seekers benefit from this transparency in several ways: Entry-level professionals gain clear guidance on salary expectations.
Experienced professionals can recognize the value placed on their expertise and directly discuss opportunities for development, including financial ones.
Women, who often undervalue themselves in salary negotiations, benefit from clear salary bands. For all profiles, the disclosure of salary structures allows applicants to immediately determine whether a position is financially attractive and suitable. ¡°Our goal is to create a fair and open basis for discussion right from the start. In this way, we contribute even more to an application process at eye level,¡± explains Dr. Breitsohl. ¡°The positive response from applicants confirms that our transparent approach creates trust. This enables us to focus more on development prospects and career goals in interviews.¡±
This initiative strengthens ÃÜÌÒAV's position as an attractive employer. At the same time, ÃÜÌÒAV is actively sending a signal to the labor market to raise awareness of the gender pay gap. ¡°Only if salary ranges are disclosed transparently and comprehensibly can comparability be achieved across gender boundaries. With this step, ÃÜÌÒAV is setting new standards for fairness and equality in the world of work,¡± Breitsohl continued.
Early Implementation of the EU Pay Transparency Directive
By publishing salary ranges in job postings, ÃÜÌÒAV is preemptively fulfilling a requirement that will become mandatory for many companies in Germany by 2026. The forthcoming EU Pay Transparency Directive will oblige employers to disclose salary information during the recruitment process.
Sophie von Saldern, Global Head of Human Resources at ÃÜÌÒAV, highlights the strategic intent behind this move: ¡°We see publishing salary ranges not just as preparation for future legal requirements but as a strategic tool to strengthen our employer brand. The collective bargaining agreements in the chemical industry already provide attractive conditions¡ªour additional transparency creates a win-win situation for applicants and our company.¡±
More targeted applications, positive feedback from departments, fewer time-consuming salary negotiations, and greater fairness: these indicators underline the success of this initiative and ÃÜÌÒAV¡¯s leadership role in promoting transparency and fair working conditions.
Interested candidates can find all current job postings with corresponding salary ranges on ÃÜÌÒAV¡¯s career page at www.career.covestro.com. The website also provides further information about ÃÜÌÒAV as an employer and the diverse development opportunities within the company.
About ÃÜÌÒAV:
ÃÜÌÒAV is one of the world¡¯s leading manufacturers of high-quality polymer materials and their components. With its innovative products, processes and methods, the company helps enhance sustainability and the quality of life in many areas. ÃÜÌÒAV supplies customers around the world in key industries such as mobility, building and living, as well as the electrical and electronics sector. In addition, polymers from ÃÜÌÒAV are also used in sectors such as sports and leisure, telecommunications and health, as well as in the chemical industry itself.
The company is geared completely to the circular economy. In addition, ÃÜÌÒAV aims to achieve climate neutrality for its Scope 1 and Scope 2 emissions by 2035, and the Group¡¯s Scope 3 emissions are also set to be climate neutral by 2050. ÃÜÌÒAV generated sales of EUR 14.2 billion in fiscal year 2024. At the end of 2024, the company had 46 production sites worldwide and employed approximately 17,500 people (calculated as full-time equivalents).
Forward-Looking Statements
This news release may contain forward-looking statements based on current assumptions and forecasts made by ÃÜÌÒAV. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in ÃÜÌÒAV¡¯s public reports which are available at www.covestro.com. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.