Workplace equity analytics platform Syndio has partnered with FinTech provider Broadridge Financial Solutions to measure their commitment to pay equity.
Syndio’s technology has four core products. The first is OppEQ, which enables companies to build equity into recruiting, talent assessment, promoting, and retaining employees fairly
Its next solution is PayEQ, which is an always-on view of pay equity. Clients can use this to analyse, resolve and prevent pay disparities due to gender, race, ethnicity or other demographics.
The third solution is Pay Finder. This enables hiring teams to establish fair starting salaries and stop pay inequity before it starts. The solution combines internal pay data with market-informed salary ranges to provide a holistic view of what’s both fair and competitive for each individual candidate.
Finally, it offers expert advisors. It boasts a team of data scientists, technology experts, and legal professionals who specialise in workplace equity and provide ongoing best practice advice.
Speaking on the partnership, Syndio CEO Maria Colacurcio said, “The financial service sector should stand up and take note of Broadridge seizing this moment to double down on pay equity. Delivering value to your customers requires developing incredible talent, and now, more than ever, talent responds to a company committed to equity for all its employees.
“Syndio looks forward to this and helping Broadridge deepen and measure its ongoing commitment to pay equity.”
Broadridge president Chris Perry added, “Broadridge is proud to conduct our business based on a strong sustainability framework focused on responsible environmental, social and governance practices. Our associates are our greatest asset and as such we are committed to maintaining an equitable and inclusive workplace and culture where every associate feels connected to our organisation.”
Syndio recently collaborated with the New York Stock Exchange to make its tools available to NYSE-listed companies in support of their ESG efforts.
In 2021, Broadridge launched an ESG Dashboard in a bid to help companies better understand and monitor their ESG ratings.
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