Being Transparent about Pay Transparency

Last week, CitiGroup — with strong encouragement from activist Natasha Lund at Arjuna Capital — offered a blunt assessment of its gender pay gap. One of the world’s largest banking groups, Citigroup revealed that its female employees earn 29% less than men performing similar work.

Meanwhile, Bloomberg — who, as a news source, covered the CitiGroup story — released a list of 230 companies committed to gender equality in the workplace. Guess who showed up on the list of companies performing well? CitiGroup.

How can a company be lauded for its advancement of women and at the same time reveal a significant gender pay gap?

Click here for more…..

Syndio Solutions’ quest for fair wages is backed by $5.2M in seed funding and big-name hires

In the U.S., women earn 82 cents on the dollar that men earn. That means in order to match the income of their male colleagues, women would need to work an extra 47 days each year.

The wage disparity has many sources, including educational level, job experience and type of work being done. But one of the drivers — gender discrimination — has no excuse, and is in fact illegal.

A Seattle-based startup working to quash unfair pay gaps is gaining steam. Syndio Solutions recently announced a $5.2 million seed round and that it had hired Smartsheet co-founder Maria Colacurcio as CEO and Rob Porcarelli, who served as Starbucks assistant general counsel for 13 years, as chief legal officer.

Click here for more…..

Akamai Technologies (AKAM) to Acquire Janrain Inc.

Akamai Technologies (NASDAQ: AKAM), the intelligent edge platform for securing and delivering digital experiences, today announces the company has entered into an agreement to acquire Janrain, the company that pioneered the customer identity access management (CIAM) category. Janrain enables enterprises to enhance digital trust by offloading login and registration workloads, and its integration with Akamai's Intelligent Edge Platform is expected to provide world class security, regulatory compliance and massive scale to online engagements.

As enterprises continue to adopt cloud technologies and digitize their businesses, web security and identity awareness have become increasingly integral to keeping businesses safe and secure and establishing digital trust. Akamai already secures its customers' websites, apps and APIs from DDoS attacks, application vulnerabilities, bots and other advanced threats, with hundreds of millions of login transactions taking place daily on the Akamai Intelligent Edge Platform. 

Click here for more…..

Payroll Quietly Easing Into Trend of Quick-Pay Programs

Fast-pay options are a growing trend in payroll as employers promote the service as a way to reduce turnover and boost morale while offering a benefit to employees that enables access to earned wages in a day, if not within minutes. 

The technological phenomenon that is expedited pay appears to be quietly gaining popularity, although the mechanisms employed are suited to a variety of industries and require different levels of payroll involvement.

Even large payroll service providers, such as ADP LLC, are participating in this emerging trend. ADP recently announced that its clients would have access to DailyPay, a provider of a mobile application that allows access to wages before the regularly scheduled payday. ADP, a payroll- and human-resources services company, offers DailyPay access through ADP Marketplace, an online source for workplace services and software. ADP Marketplace also offers clients access to workplace services from PayActiv, which allows limited access to earned but unpaid wages before payday.

Click here for more…..