The financial sector as a whole has one of the worst gender pay gap records and is often demonised in the media.
This corporation had made little progress about their pay gap, shifting from a 29% pay gap to 28% after a year.
Their pay gap was driven by the percentage of women in senior roles and their remuneration.
Ellpha Bias detection Engine™ was able to identify some systemic bias in both the promotion and compensation annual processes and help the business address them in a prioritised manner.
As a result, both processes have been amended and allowing to level the playing field for senior female workers.
Our live bias detection is still used to scan gender bias out of promotions and annual performance reviews recommendations