NEWS24 October 2019

GenAnalytics launches gender pay gap tool

Legal News Technology UK

UK – Data insights and analytics consultancy GenAnalytics has launched a software tool analysing the gender pay gap.

woman writing on a document while having a cup of coffee

The platform has been developed with the aim of giving companies more insight on gender disparity and pay data and gain a competitive edge from pay gap reporting.

UK employers with over 250 staff have been required to publish their gender pay gap data annually since April 2017.

Jane Gotts, director, GenAnalytics, said: "Our vision is to deliver greater insight and information to our clients around diversity and inclusion. Gender pay gap analysis and employee analytics are core to our business.

"This new tool will enable us to better support clients using a technology platform that allows faster and more comprehensive analysis of gender pay data and allows us to identify key areas of action and risk linked to gender pay gap performance. We believe this will help companies close their gender pay gap over time."

Glasgow-based GenAnalytics worked with technology company Incremental Group to develop the software, while economic development agency Scottish Enterprise supported GenAnalytics with a grant to help develop the tool, and also worked with the company in an advisory capacity.

Claire Partridge, innovation specialist at Scottish Enterprise, said: “This new product will drive greater equality and diversity in the workforce. We know that having more of a gender balance drives company performance. By enabling businesses to better understand their gender pay gap we hope that Scotland can lead the way in workplace inclusivity.”