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.