Bristol, UK – 7th Feb, 2019. Gapsquare, the cloud-based software innovator empowering companies to analyse pay gaps and make data-driven changes to close them, has today announced the appointment of tech entrepreneur and CEO of Ultrahaptics, Steve Cliffe, to its board.
Commenting on the role, Steve Cliffe said, “Gapsquare are a fantastic example of how machine learning and big data can be used to effect positive social change. The World Economic Forum currently predicts it could take 217 years to close the gender pay gap. That’s not good enough, and I’m delighted to be working with a company using technology to accelerate this.”
Governments around the world are legislating for pay transparency, and equality-conscious Generation X,Y and millennials now make up 60% of the workforce.
Gapsquare’s customers already include Condé Nast, Vodafone, Serco and Osborne Clarke. To date the firm has analysed the wages of over 270,000 employees in the UK. The software delivers insights not just into gender pay gaps but also a wider range of diversity and equality data including the ethnicity pay gap, equal pay, regional disparities and more.
Now the firm is taking its vision and technology global, with Silicon Valley and Europe the first ports of call.
Dr Zara Nanu, CEO and co-founder of Gapsquare, said, “Ultimately both Gapsquare and Ultrahaptics are creating tech that’s changing the world and we are proud to be working with Steve to achieve this. Steve has led Ultrahaptics through three major funding rounds and a rapid scale-up to a global company. Gapsquare is just at the beginning of a revolutionary journey, following in the footsteps of companies like Ultrahaptics, and his experience will be a game-changer.”
Gapsquare embodies leadership in FairPay®, empowering companies to build diversity & pay transparency into their workplace policies through intelligent and intuitive tech. Starting with a mission to close the gender pay gap in the next 20 years, their analytical tools, backed by a team of equality and diversity experts, automate gender and ethnicity pay gap reporting, allowing employers to look at the impact of pay reviews and saving hundreds of hours normally spent on analysis. The Gapsquare team envisions a world where the ability to create fair employment is in the hands of employers, allowing them to take the steps necessary to make work better for all.
Ultrahaptics is the world’s leading mid-air haptics company. The company has developed a unique technology that enables users to receive tactile feedback without needing to wear or touch anything. The technology uses ultrasound to project sensations through the air and directly onto the user’s hands, enabling users to ‘feel’ virtual buttons, get tactile feedback for mid-air gestures, or interact with virtual objects. For more information about Ultrahaptics, please visit: http://www.ultrahaptics.com/