Gapsquare-Utilising Data-Science And AI To Re-imagine The Future Of Work

Dr. Zara Nanu is a powerful advocate for workplace gender equality and wider inclusion and fair pay. Starting her career combating human trafficking and campaigning on women’s rights issues, Zara is now at the forefront of the push for technology to build more inclusive workplaces. As the CEO of Gapsquare, which offers expansive diversity and equality data intelligence & report generation, Zara is utilising data-science and AI to reimagine the future of work.

In 2015 the world economic forum predicted that it would take 118 years to close the gender pay gap. Let that settle in. Two years later this went up another hundred years.

Gapsquare exists because of the stark and shocking nature of these statistics. Gapsquare’s CEO Zara Nanu took one look at data predicting long term inequality and at her two incredible daughters and said, enough. Surely in our advanced technological world, we can do much better? And thus, Gapsquare was born.

Embracing technology, Zara partnered with AI & data expert Ion Suruceanu to offer a software solution to a human problem. Gapsquare’s flagship product FairPay® has since been developed to allow businesses and organisations to analyse and track pay disparity statistics and produce instant reports on equality and diversity data, ready to be presented to teams. This software currently impacts positively on the lives of hundreds of thousands of employees & is making us think differently about work.

ANALYSIS OF PAY EQUALITY, FAIR PAY & DIVERSITY DATA HAS HAD AN IMMEDIATE IMPACT ON GLOBAL TEAMS AND EMPLOYERS. WE’RE SEEING CHANGE THAT IS IMPACTING THE LIVES OF HUNDREDS OF THOUSANDS OF EMPLOYEES WORLDWIDE.”

- DR. ZARA NANU - CEO - GAPSQUARE

FAIR PAY IS MORE IMPORTANT THAN EVER
The workforce is changing, millennials and generation Y & Z are demanding more of their workplaces and hiring the best talent remains top of the agenda. According to Glassdoor, 72% of employees believe that salary transparency will be good for business, 60% of employees would not apply for a job where a pay gap exists & PWC writes that 87% of employers see lack of diversity as a priority issue, yet so much more can be done.

Using intelligent analytics and the unique insights often hidden in a company’s HR and Payroll data, Gapsquare maps the expansive space of fair pay & fair and inclusive practices in employment. Their software represents a turning point in ending issues around equal pay, gender pay, ethnicity pay, disability pay gaps.

The Gapsquare team envisions a world where the ability to create fair employment is in the hands of employers. They are working with companies like Serco, Conde Nast & London Metropolitan Police, collaborating with them to take the steps necessary to make work better for all and to foresee moments when this fair pay and equality might be falling behind.

WHAT NEXT?
“If you are in the business of making change, making progress and making money you must embrace the data. The standard in Gender Pay Gap and Ethnicity Pay Gap data has been set by Gapsquare.” InChorus UK

Since their feisty beginning, Gapsquare and the Gapsquare team have been empowering employers to reflect on pay as part of their regular strategy. Through pay, much more can be understood & a wider picture of how workforces move through companies can be generated. Gapsquare’s analytical tools have expanded and now offer solutions for HR Directors, Managers and employers worldwide. As the software grows more intelligent, embracing AI and helping to predict change for employers, it seems increasingly likely that technology will be crucial in making work better for us all.

WHAT’S SPECIAL ABOUT DOING BUSINESS IN YOUR CITY?
Bristol is a hub for two things we love, technology and a passion for equalities. The voice of change, of creating a better world shouts loudest the closer you get to this city. We’re proud to have this city as our springboard for change, for making work fair and making workplaces more diverse.

INTERESTING PUBLICATIONS:
Tedx Bristol: “Gender Pay Gap: a long-term plan isn’t fast enough | Zara Nanu |
TEDxUniversityofBristol – Video

The Times: The venture capitalists who haven’t got the memo about women in business – Article: https://www.thetimes.co.uk/article/the-venture-capitalists-who-havent-got-the-memo-about-women-in-business-n9sjbfkwc

OECD: Cracking the glass ceiling on wages: Gapsquare CEO Zara Nanu – Podcast:

BBC Points West: BBC Points West: Tech Company Gapsquare Tackles the Gender Pay Gap – Video: https://youtu.be/Mp5M3SdzzHU

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