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Newsroom
Discover PayAnalytics' latest news, events, and press releases. Explore our Resources Overview for comprehensive articles and in-depth material covering pay equity, DEI, and workforce analytics. Stay informed and empowered with our diverse range of content on critical topics in today's workplace landscape.
The Berlin based Fair Pay Innovation Lab (FPI) is piloting the Universal Fair Pay Check, a standardized international method of ensuring fair pay. FPI has chosen PayAnalytics as its partner for the Universal Fair Pay Check.
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! See the list of all Nominees here.
At the People Analytics & Future of Work conference in San Francisco last February Vidir Ragnarsson from Reykjavik Energy gave an insightful talk on how Reykjavik Energy tackled the task of measuring and closing their Gender Pay Gap within a few years.
Margret Bjarnadottir wrote for Ms. Magazine: We're Not Waiting 200 Years to Close the Gender Pay Gap
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.
The New Business Venture Fund has invested $525,000 in the software company PayAnalytics.
PayAnalytics has developed an equal pay cloud solution, and has grown rapidly in recent years. Its solution is already helping over 50 companies and organizations in Iceland close the gender pay gap, employing a total of 30,000 staff, or about 14% of the Icelandic labor market.
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.
In a recent article, World-at-work set the spotlight on Reykjavík Energy and their pay equity work. Pay equity has been top-of-mind for Reykjavik Energy for quite some time, even before the topic was regularly making headlines.
The National University Hospital of Iceland has signed a contract to use PayAnalytics for their equal pay analyses.
Copenhagen Business School @CBScph recently published a "How I did it" story on @PayAnalytics. Read the full story on the CBS website.
"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."
Vidir discusses the ways to close the gender pay gap at Reykjavik Energy, using PayAnalytics software with journalists at Wirtschaftswoche.
Guardian's European correspondent Jon Henley examines Iceland's legislative adjustments to address gender pay disparity, referencing Reykjavik Energy's CEO, which has employed PayAnalytics' software in their push for pay equality.