Bristol-based people analytics software company, Gapsquare, has been acquired by XpertHR, the provider of expert insight and practical tools to help organisations achieve greater efficiency, reduce risk and increase employee engagement.
Gapsquare is the software development and HR tech company revolutionising the problem of fair pay through tracking pay disparity, pay equality and pay gap data.
Founded by Dr. Zara Nanu, Gapsqaure provides HR and Reward professionals and inclusive employers actionable insights on existing pay gaps within any given company. They also offer additional statistics on employee variables such as gender, ethnicity, sexual orientation and disability which identifies the cause of pay gaps. This is all conducted through their innovative software FairPay® Pro.
Alongside this, the startup provides tailored consultancy and up to date research from their expert team. You can find out more on Gapsqaure and its startup journey here.
XpertHR is a global organisation who empowers employers to adapt to the ever-changing HR landscape. Their in-depth knowledge of reward-data, benchmarking and dealing with employee data will allow Gapsqaure to support a wider range of inclusive employers who are passionate about doing the right thing. Their innovative software and expertise will strengthen XpertHR’s compliance, best practice and reward offerings in both the U.K. and U.S.
Meanwhile, with Gapsquare’s expert knowledge at their finger tips, XpertHR will be able to address the pay equity challenges faced by organisations by leveraging Cendex, its advanced, live reward-data solution.
Scott Walker, Managing Director XpertHR, says, “I am excited to bring Gapsquare into the XpertHR family. Our mission is a simple one: to create purposeful workplaces for every person in every organisation. Both businesses are dedicated to improving the experiences of millions of working professionals around the globe. By combining Gapsquare’s advanced technology with XpertHR’s expertise in reward data, we can better equip employers to build a world where work is inclusive, where pay meets value and diverse talent thrives.”
XpertHR will retain the trusted Gapsquare brand, and co-founders Dr. Zara Nanu and Ion Suruceanu will continue to lead the business with the support of the XpertHR leadership team.
Dr. Zara Nanu, CEO & co-founder, adds, “We know for many businesses transparency around compensation fairness and pay reporting is high on the agenda. Gartner research indicates that over 80% 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 and those of the businesses around the globe.”