gapsquare hr acquisition [shutterstock: 1183433839, Olivier Le Moal]
[shutterstock: 1183433839, Olivier Le Moal]
Press Release SAP Community

Gapsquare Is Acquired By XpertHR

Gapsquare's analytics software, which analyzes and tracks pay disparity, pay equality, and pay gap data, has now been acquired by XpertHR, a part of RELX, for an undisclosed sum.

The Gapsquare platform, along with co-founders Zara Nanu and Ion Suruceanu, will be joining the XpertHR team. Gapsquare previously counted Vodafone, Condé Nast, and Serco as clients, amounting to data from tens of thousands of employees.

Gapsquare’s model is to provide HR and Reward professionals with actionable insights about their company’s existing pay gaps. Through its FairPay Pro platform, Gapsquare says it can identify variables for employee demographics such as gender, ethnicity, sexual orientation and disability, identifying the causes of pay gaps and proposing and tracking remedial actions.

In a statement, Zara Nanu said: “We know for many businesses, transparency around compensation fairness and pay reporting is high on the agenda. Gartner research indicates that over 80 percent of businesses globally are driven to take action around pay equity and pay gaps as the workforce is changing and younger generations entering the workforce are increasingly interested in transparency, sustainability, and equality. By joining forces, XpertHR and Gapsquare are better equipped to support our customers’ evolving needs.”

Want to learn more about Gapsquare’s solution and how it connects to SAP? Co-founder Zara Nanu talked to E-3 Magazine about what makes her company so unique.

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E-3 Magazine

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