Equal Pay Policy

1. Purpose

The purpose of this policy is to affirm European University of Lefke’s commitment to fair,

transparent, and equitable pay practices across all levels of the organization.

This policy ensures that employees receive equal pay for equal work, regardless of gender, age,

ethnicity, disability, or any other protected characteristic.

2. Scope

This policy applies to:

All employees of European University of Lefke, including full-time, part-time, and temporary

staff;

All global and local operations;

All stages of employment, including recruitment, promotion, compensation, and performance

review processes.

3. Policy Statement

EUL is committed to:

Ensuring pay equity between employees performing work of equal or comparable value;

Identifying, measuring, and addressing gender pay gaps and any other unjustified pay disparities;

Maintaining transparent and consistent criteria for determining pay, including qualifications,

experience, performance, and market benchmarks;

Regularly reviewing pay practices to ensure compliance with labour laws and internal equity

standards.

No employee shall receive a lower rate of pay because of gender or any other discriminatory factor.

4. Responsibilities

Human Resources Department: Conduct regular pay audits and equity analyses to identify any

disparities; develop action plans where pay gaps are identified.

Managers and Supervisors: Apply consistent pay decisions based on objective performance and

merit criteria.Finance and Leadership Teams: Ensure budgetary provisions and oversight for pay equity

adjustments.

All Employees: Promote fairness and report any concerns related to pay inequality through

confidential reporting channels.

5. Monitoring and Measurement

To uphold our commitment to pay equity, European University of Lefke will:

Perform annual gender pay gap analyses using reliable data and statistical measures;

Track trends over time and report results to senior management;

Implement corrective actions such as pay adjustments, process changes, or additional training

when disparities are found.

The university will maintain full transparency on outcomes and progress in reducing pay gaps.

6. Review and Continuous Improvement

This policy will be reviewed at least once a year or as needed to reflect changes in legislation, best

practices, or organizational structure.

Updates and progress reports will be communicated to all employees.

Effective Date: 18.12.2023

Last Revision: 20.08.2024