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World leading
pay equity

Find and close all pay gaps.

Pay equity decisions made easy for HR and Compensation Managers as well as Consultants. Used in over 75 countries for companies of all sizes.

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Trusted by Global Enterprises, Institutions & Local Businesses.

PayAnalytics is trusted by companies of all sizes around the world, including Fortune 100 and Fortune Global 500 companies. Our current clients include banks, insurance providers, life science and pharmaceutical companies, municipalities, institutions, energy companies, manufacturers, consultants, IT companies, retail stores and many more, ranging from under 100 employees to over 100,000. It is easy to get started and the software is currently available in seven languages.

Our experience with PayAnalytics is exceptional. The software is very user friendly and anytime we have any questions we receive answers quickly from the PayAnalytics team.

Salary interviews became much easier after we started using PayAnalytics. Preparation for salary interviews now takes no time at all, as we always have an updated overview of all our employees that have similar job roles and duties. Our employees also know that salary decisions are made in a disciplined way and that their salary is fair compared with their colleagues' salaries.

PayAnalytics is the only software that I have used that does everything that was promised and so much more.

Hildur Thorisdottir - Head of human resources at Lyfja

Hildur Thorisdottir

Head of human resources at Lyfja

Using the PayAnalytics solution will make our steps towards the equal pay certification easier. We can now easily keep track of our equal pay analyses, and at the same time salary decisions become better because they are always based on up-to-date data.

We were always looking in the rearview mirror by analyzing old data. When the results came in a lot had changed within the company. It was therefore unclear how we should fix this. As a result we searched for a solution that could show the situation in real time and enable us to estimate future salary decision.

With the PayAnalytics solution we can easily see the pay gap effect of new hires, raises, and employees moving into new roles. This brings discipline to each salary decision, ensuring equal pay for equal work, no matter who the employee is.

The PayAnalytics software does the following

PayAnalytics is a fairness driven platform, rooted in science. PayAnalytics runs in your browser and there is no installation cost. The software is used by HR managers, compensation analysts, consultants, and executives in 75 countries for companies with anywhere from 40 to over 100,000 employees.

  • We measure diverse pay gaps, including the gender pay gap.
  • Full support of diverse gender definitions including non-binary.
  • Full support of intersectionality for example between gender and other demographic groups.
  • Calculate the difference in pay between demographics after accounting for the factors that determine pay at your organisation, like job role, performance, education, and experience.
  • We highlight problem areas and provide fairness driven solutions.
  • We answer which employees should get a raise and by how much to close any pay gap.
  • And we tell you the investment needed to eradicate the pay gaps.
  • We support ongoing data driven decision making.
  • The graphical overview provides an overview and drill down capabilities of your salary structure.
  • The system suggests fair salaries for new employees and employees who are moving into new positions.
  • The impact of each salary decision is available at your fingertips, before you make the decision.
  • The software allows you to compare salary data to see what has changed between months and how it affected the pay gap.
  • We support international pay equity reporting.
  • The software makes it easy for you to comply with the EU pay transparency directive.
  • Find with one click the most comparable employees for any given employee.
  • The Workplace Equity feature helps you understand and analyze equity within your organization from a broad perspective, moving beyond equity in only pay.
  • Visit the product page for further details

Closing pay gaps around the world

With the help of PayAnalytics we are seeing companies, municipalities, government institutions, and other organizations achieve success in pay equity worldwide. PayAnalytics is a global solution that is adaptable to all the main regulatory environments, and makes it easy to meet local reporting requirements. The platform supports the main methodologies for pay equity, including equal pay for equal work, equal pay for substantially similar work, and equal pay for work of equal value.

Steps necessary to reduce or close a pay gap
Fairness and Cost

Steps necessary to reduce or close a pay gap

PayAnalytics gives tailored recommendations to close the pay gap in the fairest and most efficient manner possible. We identify which employees are causing the gender pay gap, and recommend they receive raises first. By targeting raises to where they will do the most good, we can close the gender pay gap in the fairest and least expensive manner possible.

Provides an overview of the salary structure
Better Overview

Provides an overview of the salary structure

PayAnalytics provides a statistical measurement of the gender pay gap using regression analyses. It provides visualizations of the salary distribution by gender across job roles. Combined, numerical and graphical representations of the current pay structure allows HR managers to identify drivers of gender pay gaps, find salary outliers, and find ways to bring compensation more in line with their company's strategic goals.

How to keep the pay gap closed?
Real Time Data

How to keep the pay gap closed?

PayAnalytics allows companies to get a real-time picture of their pay gap and compensation structure. Rather than relying on written and static reports which are quickly outdated, PayAnalytics gives a snapshot of the current situation. PayAnalytics allows HR managers to evaluate the impact on the gender pay gap of every salary decision they make. PayAnalytics makes it easy to analyze company-wide annual raises, ad-hoc salary adjustments, and the impact of new hires, which enables companies to prevent a pay gap from re-emerging once it has been closed.

In the Cloud

In the Cloud

PayAnalytics is a cloud based solution - you can start using it immediately and it will not add additional burden to your IT department. Data confidentiality is a top priority for PayAnalytics and we have strict internal processes to ensure your data stays safe.


Awards and funding

In September 2020 it was announced that Margrét Bjarnadóttir, the Chairwoman of PayAnalytics, was a finalist in the category Diversity leader of the year for the Nordic Women in Tech Awards. Bjarnadóttir also won the top prize at the 2019 Global Women Inventors and Innovators Awards (GlobalWIIN) which were presented in London for the PayAnalytics software solution. In April 2019 PayAnalytics won the Wharton People Analytics Conference Startup competition. PayAnalytics was the National Winner of the Nordic Startup Awards in Iceland in 2018 in the categories Best Newcomer and Best Social Impact Startup. PayAnalytics was the winner of the Golden Egg in 2016, an entrepreneur competition sponsored by Icelandic Startups. PayAnalytics is supported by the Icelandic Technology Development Fund.

  • Technology Development Fund
  • Gulleggið - Icelandic Startups
  • Wharton People Analytics Conference 2019
  • Nordic Women in Tech Logo
  • Nordic Startup Awards
Latest updates

Latest updates

In the PayAnalytics newsroom you have an overview of the latest news on PayAnalytics and related content. You can also follow us on Twitter, LinkedIn, Instagram and Facebook, or sign up for our newsletter.

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Our newsletter covers topics like pay equity, compensation & benefits, DEI (diversity, equity and inclusion) and legislation changes as well as news on our company and software updates.