We’ve all heard the bad press, the context of the BBC Pay Gap scandal, reports of companies publishing incorrect pay gap data and increasing dramas around pay disparities. But we’re here to tell you that a glimmer of hope has emerged - Tech-start-up Gapsquare is providing international corporations and public sector bodies with instant pay gap reports that are correct, reliable and provide intuitive action plans. Using cloud-based analytical tools, Gapsquare, run by a combination of tech experts and specialists in equality issues, has saved companies thousands of hours of staff time in the last year alone, guiding international organisations such as Vodafone, London Metropolitan Police and Osborne Clarke through reporting pay inequalities and, for some, expanding this reporting to the ethnicity pay gap.
Oracle OpenWorld is an annual Oracle convention for business decision-makers, IT management, and line-of-business end users with Oracle. Gapsquare joined Oracle Open World in San Fransisco this year, bringing the pioneering idea that tech can and will help close the gender pay gap to some of the most innovative companies and organisations in the world. Check out Zara and Sian's trials and tribulations and learn how they 'broke twitter' ;) through this video series.
People will make or break a business. More diverse people will go even further and make a business innovative, challenging and perhaps even more importantly, profitable. On average, a business with diverse teams will have access to increased market share and 9% higher EBIT.
But how can we build more diverse businesses when current data shows companies have high gender and ethnicity gaps? These manifest themselves both in low proportions of diverse employees as well as high pay disparities for these groups. It does not seem businesses are making the most of powering growth with the right people.
"217 Years, for the women you work with to be operating on a level playing field, for our daughters to be in with the same chance at success as our sons."
Want to learn more about the gender pay gap? Watch the Invest In Diversity Video Series below.
We’re thrilled to announce that Gapsquare will be heading to the New York for Massachusetts Institute of Technology's Solve Challenge Finals on September 17th. We will be pitching our solution to a MIT Solve Challenge close to our hearts:
“How can women and girls of all socioeconomic backgrounds use technology to fully participate and prosper in the economy?”
Gapsquare’s Dr Zara Nanu joined teams of academics, industry experts, government representatives and policy makers at this year’s annual STEM Gender Equality Congress on the 8th and the 9th June where she spoke on Sharing Best Practice Between Industry and Academia.