New Report: In Wake of Black Lives Matter Protests, 98% of Syndio Companies That Analyze Pay Equity Practices Now Include Race
/As more companies respond to pressure to improve fair pay practices, Syndio, the leading equity tech analytics platform, reveals 2021's Pay Equity Trends
SEATTLE, Sept. 28, 2021 /PRNewswire/ -- More corporations than ever before are including race in their pay equity analyses after the murder of George Floyd, according to a new report from Syndio, a leading EquityTech analytics platform. Syndio today released its 2021 Pay Equity Trends, a guide to help inform corporations' fair pay analysis as pressure mounts from investors, employees, and legislation to improve pay equity practices.
Based on survey responses from more than 50 leading companies and patterns observed from customers' pay equity analyses, Syndio identified five trends among corporations leading in pay equity strategy:
Companies are including race in pay equity analysis
Companies are analyzing different types of employee compensation
eMore companies are budgeting for pay equity adjustments