OppEQ is Syndio's daring new product that helps organizations retain and promote employees to help them realize their promise of decreasing pay inequities.
Fremont, CA: Syndio delivers technology and expert advice to assist businesses in measuring, achieving, and maintaining all aspects of workplace equity. Syndio's platform is used by over 200 firms, including 10percent of the Fortune 200 and 20 perform of Fortune's Most Admired Companies, to reduce pay and opportunity gaps, mitigate legal risk, and turn DE&I goals into actual outcomes.
Syndio unveiled OppEQTM, a new tool that assists businesses in unlocking employee opportunities to enhance diversity at all company levels. For example, companies may use OppEQ to assess recruiting rapidly, promotions, performance scores, and retention rates by gender, race, and other factors to discover the root causes of injustices and pay gaps – and establish action plans to address them.
OppEQ is accessible as a component of Syndio's new Workplace Equity System, a game-changing collection of tools and services designed to help businesses analyze and improve all aspects of workplace equity, from attracting and keeping people rewarding, retaining, and promoting them fairly. Syndio's technology is used by over 200 firms, including 10percent of the Fortune 200 and 20percent of Fortune Magazine's Most Admired Companies, to close pay and opportunity disparities.
"Great companies can now retain their way to diversity rather than exclusively through recruitment. Organizations are often overly focused on hiring diverse talent, but fail to promote and retain them at the same rates as their peers," said Colacurcio. "Like a 'leaky bucket,' this widens pay gaps instead of reducing them. That's why at Syndio, we're building the tools companies need to not only measure workplace and pay equity, but identify the root cause of these gaps so companies can make meaningful progress on their diversity targets."
Syndio's Workplace Equity Platform enables businesses to analyze, manage, and execute their objectives. For example, companies may utilize OppEQ to examine representation and benchmark mostly against externally and internally accessible talent, allowing them to set data-backed improvement targets and identify the fundamental reasons for their diversity gaps – both globally and in leadership. The ability to correctly measure and manage opportunity allows organizations to establish workplace equality as a key component of building a small business in the twenty-first century.
