Companies in Spain are now obligated to take action to ensure equal pay for work of equal value. DireACTIVAS, one of our partners in Spain, wrote an article (in Spanish) on the new legislation and the potential impact it will have on equality in Spain. We are happy to assist Spanish companies in fulfilling the requirements of the new legislation - and our solution is of course also in Spanish!
Come and join us virtually for a conversation about equal pay: the fast changing legislation around the world, the role of analysis and data driven decision support, the equal pay journey and key levers to drive change - all packed into 90 minutes.
Margrét Bjarnadóttir from PayAnalytics will participate in a Reykjavik Global Forum 2020 digital session on Wednesday 11th November 09:30 UTC.
The name of the event is A Fair Diagnosis: It’s time to close the wage gap - FPI Lab and you can register using the registration link below.
Orkuveita Reykjavíkur og Landspítali munu ásamt nokkrum evrópskum brautryðjendum taka þátt í alþjóðlegri jafnlaunavottun á vegum Fair Pay Innovation Lab (FPI) í Berlín. PayAnalytics, sem gerir útbreiddasta jafnlaunahugbúnað á Íslandi, er samstarfsaðili FPI í verkefninu. Stærsta fyrirtækið sem tekur þátt í verkefninu er tryggingarfyrirtækið Allianz í Þýskalandi en það minnsta er markaðsstofan Rheingans Digital Enabler, þar sem starfsfólk telur einungis nokkra tugi.
Nordic Women in Tech Awards has nominated one of our founders, Margrét Bjarnadóttir, in the category Entrepreneur of the year. We are super proud of Margrét and thankful for the nomination!
In a recent blog post for PRCA PayAnalytics Co-founder and Chairman Margrét Bjarnadóttir explains in a nutshell how data and analytics are essential to the process of closing pay gaps – and keeping them closed. She explains, among other things, the two types of pay gaps most commonly mentioned in the press and the difference between the two. The blogpost also embeds a video where Margrét amongst others discusses the role of ethics and fairness when closing pay gaps. The discussion was a part of the PRCA Ethics month.
The World Economic Forum estimates that it will take over 200 years to close the gender pay gap. No one should have the patience to wait that long. How can we accelerate change? The answer may lay in data and models with a good dose of transparency.
The journey starts with gathering the data and understanding the pay structure. Then companies move on to identifying areas for improvement and eliminating unexplained demographic pay gaps through corrective action—in other words, ensuring equal pay for equal work.
Unnur Helgadóttir stjórnandi þáttarins á Mannauðsmáli tekur í sjöunda þætti þáttarins viðtal við Víðir Ragnarsson hjá Orkuveitu Reykjavíkur. Víðir er sérfræðingur í viðskiptagreind á mannauðssviði OR. Víðir fer meðal annars yfir það hvernig Orkuveitunni tókst að eyða launabili kynjanna og hvað þarf til að halda stöðunni þannig.
Nýsköpunarsjóður atvinnulífsins hefur fjárfest fyrir 65 milljónir króna í hugbúnaðarfyrirtækinu PayAnalytics .
PayAnalytics hefur þróað jafnlaunalausn í skýinu sem hefur vaxið hratt á undanförnum árum. Lausnin er nú þegar notuð af rúmlega 50 fyrirtækjum og stofnunum á Íslandi sem samanlagt hafa yfir 30.000 starfsmenn, eða um 14% af íslenskum vinnumarkaði.
It is amazing to see one of our partners, the insurance company Sjóvá, perform so well. A company with 60% women on the board of directors and a female chair.
GEMMAQ rates companies in global markets based on how gender balanced their leadership is and is building a corporate gender equality and diversity rating and indexing system.
Í nýlegri grein World-at-work er kastljósinu beint að jafnlaunamálum á Íslandi og vinna Orkuveitu Reykjavíkur tekin sem dæmi, en þeim hefur tekist að eyða sínu launabili og halda því í skefjum.
Landspítali hefur skrifað undir samning við PayAnalytics um notkun á hugbúnaði þess við jafnlaunagreiningar spítalans. Hugbúnaðarlausn PayAnalytics er notuð af fjölmörgum fyrirtækjum, sveitarfélögum og stofnunum til að styðja við faglegar launaákvarðanir.
42% of organizations are planning for pay equity adjustments in 2020 according to the recently published @WorldatWork 2019-2020 Salary Budget Survey. Is yours one of them? PayAnalytics can help. Our customers use PayAnalytics to assist them in every step on the way towards a transparent and fair pay structure. Our software solution recommends individual raises to close the gap, quickly detects outliers, gives an overview of the cost to help with the budgeting, and so much more.
Margrét Vilborg Bjarnadóttir, stofnandi íslenska sprotafyrirtækisins PayAnalytics, hlaut nýverið aðalverðlaun alþjóðlegs þings Heimssamtaka frumkvöðla- og uppfinningakvenna (GWIIN). Hún ræddi við Kjarnann um hvernig stærðfræðin getur verið notuð sem vopn gegn launamun kynjanna, hvernig hægt er að hjálpa fyrirtækjum að lækka launabil sitt og karllægu akademíuna í Bandaríkjunum.
"Demographic pay gaps, including the gender pay gap, are the result of more complex factors than just a desire to minimize payroll expenses. They stem from unconscious biases and processes that are better suited to one group compared to another. And, as multiple executives have found out, good intentions and “mindfulness” are not enough to eliminate the gaps."
"Our goal was to build an easy-to-use application that puts analytics in the hands of HR managers. We have created a web platform that enables users to walk through the process of statistically measuring their pay gaps."
PayAnalytics co-founders David Anderson and Margrét V. Bjarnadóttir wrote an article together with Cristian Dezso and David Gaddis Ross for Harvard Business Review about closing the gender pay gap.
Gender pay equity has become a big point of contention at many companies. Not only have politicians and other public figures spoken out against the gender pay gap, but there has also been a rising tide of high profile lawsuits targeting major employers, most notably in the U.S., with all the bad publicity and financial liability they entail.
Jon Henley, Guardian's Europe correspondent takes a look at how the Icelandic legislation has changed to combat the gender pay gap. One of the people cited in the article is the CEO of Reykjavik Energy. Reykjavik Energy has used PayAnalytics' software in their efforts to close the pay gap. We are proud to be part of their gender lens.