Trusaic and EDGE Strategy Announce Strategic Partnership to Address Workplace Equity
Trusaic’s industry-leading pay equity compliance software teams up with EDGE Strategy’s proven holistic solution to foster more inclusive workplaces
LOS ANGELES and ZUG, Swiss, September 15, 2022 /PRNewswire/ — Trusaic and EDGE Strategy (EDGE) today announced a partnership that will enable organizations in the United States to achieve and maintain equitable workplaces. With their industry-leading technology solutions, EDGE and Trusaic can help create visible and credible change in diversity, equity and inclusion (DEI) in the workplace.
by Trusaic PayParitySM pay equity software enables organizations to identify, monitor and eliminate pay disparities at the intersections of gender, race/ethnicity, age and disability, and to comply with changing US and international pay equity regulations. EDGE is the leading software-as-a-service (SaaS) solution for measuring, accelerating and certifying intersectional equity.
The combined technology resources, knowledge and expertise of Trusaic and EDGE will enable organizations to identify and implement their DEI program and justify progress to internal and external stakeholders. Organizations that work with Trusaic and EDGE can also become eligible for EDGE Certification, the leading global assessment methodology and corporate certification standard for gender equality and intersectional equity.
“Today’s job market is tight and companies need all the help they can get to attract and retain employees, which ultimately fosters a better culture and is better for their bottom line. This partnership with Trusaic will accelerate the implementation of the DEI visions of American companies. said Aniela Unguresan, CEO of EDGE Strategy. “EDGE’s industry-leading technology can holistically assess gender gaps and intersectional equity, and design a roadmap to close the gaps. Together, EDGE and Trusaic enable businesses to make meaningful and lasting progress. on the IED in the workplace.”
“Trusaic helps organizations achieve pay equity and comply with growing reporting regulations. EDGE addresses representation, a strong organizational equity infrastructure and inclusive culture and provides a gender and intersectionality certification standard”, said robert sheenCEO, Trusaic. “Together, we help employers identify and rectify the internal structures that create inequalities in order to accelerate change.”
More than two-thirds of organizations fail to meet their own DEI commitments, according to research sponsored by Trusaic investigation conducted in partnership with Harvard Business Review Analytic Services and the Society for Human Resource Management (SHRM). Numerous studies demonstrate the many business benefits of a diverse, equitable, and inclusive workplace, including increased innovation, productivity, customer satisfaction, and revenue. For employers competing for talent in a tight labor market, a fair workplace helps attract top talent, improves retention, reduces turnover costs, and fosters a better culture.
About the EDGE Strategy
EDGE Strategy is a global leader in Diversity, Equity and Inclusion (DEI). It was founded in 2013 to provide organizations with the tools, latest technologies, experience and expert knowledge so they can better identify and work productively to achieve their DEI goals. EDGE Strategy provides clients with practical action plans to address IEDs in the workplace, empowering them to effectively foster and manage a diverse workforce and become a high performing organization. EDGE Strategy currently works with over 200 leading organizations in 44 countries across 29 industries.
About EDGE Empower
EDGE Empower is the service product of EDGE Strategy. It is an integrated SaaS-based diversity, equity and inclusion (DEI) solution that brings together the latest technologies, expert knowledge and experience, independent verification and certification into a single solution. EDGE Empower consists of four specific components and services to support its customers. These tools include the use of detailed analytics based on quantitative and qualitative data, expert support based on real-world experience, peer group connections, and independent third-party auditing to add credibility inside and outside the organization. EDGE Empower is the best tool organizations can use and change in their organizations to be more diverse, equitable and inclusive, to bring about meaningful change in the workplace and change businesses and society for the better.
Trusaic is a leading global provider of enterprise workplace equity software focused on driving social good in the workplace by solving the most complex people, data, and HR challenges. compliance. Our mission is to create a better world of work by helping organizations achieve pay equity, foster a more diverse and inclusive workforce, help the economically disadvantaged find work and ensure access employees to affordable health care. Trusaic currently works with over 1,000 organizations across a wide range of industries.
PayParity offers a powerful, data-driven approach to achieving pay equity in the workplace, combining human expertise with comprehensive tracking and analysis software, and “always on” monitoring. PayParity provides pay equity auditing and ongoing monitoring of pay disparities at the intersections of gender, race/ethnicity, age, disability and other critical factors. The solution includes risk identification, monitoring and evolution of wage disparities, correction strategy, analysis of compensation policies, cost/planning simulations and identification of risk groups for employees. The revolutionary Equal Pay Estimator™, built into the software, prevents pay equity issues from occurring by giving you the tools to make a fair offer when ensuring a fair offer is made and throughout the pay cycle annual. PayParity helps organizations solve problems through improved transparency and concrete action plans essential to creating genuine change.
SOURCE Trusaic; EDGE