LONDON and NEW YORK,
Aug. 2, 2021 /PRNewswire/ -- XpertHR,
the provider of expert insight and practical tools to help
organizations achieve greater efficiency, reduce risk and increase
employee engagement, and part of RELX, has today announced the
acquisition of Gapsquare, the provider of advanced people analytics
software which analyses and tracks pay disparity, pay equality
and pay gap data.
Gapsquare provides HR and Reward professionals with actionable
insights about their company's existing pay gaps through their
flagship software FairPay® Pro. Advanced statistical analysis
identifies variables for employee demographics such as gender,
ethnicity, sexual orientation and disability, identifying the
causes of pay gaps, and proposing and tracking remedial
actions.
Dr. Zara Nanu founded Gapsquare
after hearing the World Economic Forum's prediction that it would
take 217 years before the Gender Pay Gap could be closed. The
company is now driving change for hundreds of thousands of
employees around the globe, hoping to achieve fair pay today.
Gapsquare's valuable solutions and deep expertise will
strengthen XpertHR's compliance, best practice and reward offerings
in the U.K. and U.S. With the addition of Gapsquare, XpertHR
is well placed to address the pay equity challenges faced by
organizations by leveraging Cendex, its advanced, live reward-data
solution.
Scott Walker, Managing
Director XpertHR, says: "I am excited to bring Gapsquare
into the XpertHR family. Our mission is a simple one: to create
purposeful workplaces for every person in every organization. Both
businesses are dedicated to improving the experiences of millions
of working professionals around the globe. By combining Gapsquare's
advanced technology with XpertHR's expertise in reward data, we can
better equip employers to build a world where work is inclusive,
where pay meets value and diverse talent thrives."
XpertHR will retain the trusted Gapsquare brand, and co-founders
Dr. Zara Nanu and Ion Suruceanu will
continue to lead the business with the support of the XpertHR
leadership team.
Dr. Zara Nanu, CEO &
co-founder, comments: "We know for many businesses transparency
around compensation fairness and pay reporting is high on
the agenda. Gartner research indicates that over 80% businesses
globally are driven to take action around pay equity and pay gaps
as the workforce is changing and younger generations entering the
workforce are increasingly interested in transparency,
sustainability and equality. By joining forces, XpertHR and
Gapsquare are better equipped to support our customers' evolving
needs and those of the businesses around the globe."
About XpertHR
XpertHR is part of RELX, the global provider of
information-based analytics and decision tools for professional and
business customers. XpertHR provides expert insight and practical
tools to help organizations achieve greater efficiency, reduce risk
and increase employee engagement.
XpertHR has been providing HR solutions since 2002, empowering
organizations to build successful workforces and create a
purposeful workplace for all. Today, we are delivering smarter data
analysis tools and cutting-edge technology to support future
demands on HR in an increasingly digital world.
xperthr.com
About RELX
RELX is a global provider of information-based analytics and
decision tools for professional and business customers. The Group
serves customers in more than 180 countries and has offices in
about 40 countries. It employs over 33,000 people, of whom almost
half are in North America. The
shares of RELX PLC, the parent company, are traded on the
London, Amsterdam and New York Stock Exchanges using
the following ticker symbols: London: REL; Amsterdam: REN; New
York: RELX. The market capitalization is approximately
£40.9bn | €47.9bn | $56.8bn.
RELX.com
About Gapsquare
Gapsquare develops software which analyses and
tracks pay disparity, pay equality and pay gap data to produce
instant reports for companies. The Gapsquare team is made up
of data, technology and AI experts and experienced equality and
diversity practitioners who have built their flagship software –
FairPay® Pro – to allow companies to build the fairer workplaces of
the future. Gapsquare's clients include London Metropolitan Police, Serco and
Addleshaw Goddard to name a few.
Media contact at XpertHR:
Kerrie Orme
315690@email4pr.com
Beth Brody (XpertHR US)
315690@email4pr.com
908-295-0600
View original
content:https://www.prnewswire.com/news-releases/xperthr-acquires-gapsquare-to-provide-advanced-pay-equity-solutions-301346253.html
SOURCE XpertHR