Tech Company Phocas Achieves a Global Zero Gender Pay Gap
2024年8月19日 - 11:00PM
ビジネスワイヤ(英語)
Phocas Software, the global SaaS company specializing in
Business Intelligence and Financial Planning and Analysis (BI and
FP&A) has announced a zero gender pay gap based on average
total remuneration for its global workforce of 286 employees this
financial year ending 30 June 2024.
This milestone is a significant achievement in the technology
space which is traditionally male dominated. When Phocas was
certified by B Corp, it received high marks for workforce retention
and conditions. Achieving a zero gender pay gap is another win for
the company and its commitment to fostering a high-performing and
fulfilling workplace culture.
Founder and CEO, Myles Glashier says the company prioritized an
inclusive culture and flexible work arrangements long before these
ideas became mainstream.
“Phocas has moved the gap from 10% to 0% in just 4 years. When
we started measuring the gap in 2021, everyone was committed to
reducing it. As our business and team grew, it was the right time
to align all our polices and focus on retention and promoting women
wherever possible," says Glashier.
“Phocas has never implemented quotas, we like that to happen
organically, but we have certainly developed relationships with
schools and universities to nurture a pipeline of STEM-trained
female talent.
We have always valued diversity with many nationalities
represented within the business and offered flexible work
arrangements to suit individuals’ needs. Employees have a choice of
office-based, hybrid or remote working options, allowing us to hire
the right talent – anywhere,” adds Glashier.
Phocas offers maternity/paternity leave, access to counselling
support and ongoing professional development to all employees. A
share option scheme is also made available to full-time staff.
The gender pay gap measures the difference between average
hourly earnings of men and women, as a proportion of men's average
hourly earnings. It is a measure across all jobs from software
development to marketing, not the difference in pay between men and
women for doing the same job.
Phocas is headquartered in Australia with offices in Sydney,
Melbourne and Orange; Christchurch in New Zealand; Costa Mesa in
America and Coventry in the United Kingdom. From a countrywide
perspective, the average gender pay gap according to
government/peak body statistics in Australia is 21% while in New
Zealand, the figure is 8.6% and, in the UK, it is 7.7%. In America
the gender pay gap is 17%.1
Ends
About Phocas
Every day, Phocas supports 3000+ businesses globally to connect,
understand and plan better together. Our technology is designed to
help mid-market manufacturers, wholesale distributors and retailers
explore data, their way so they can work smarter and more
efficiently across analytics, rebates, budgets and forecasts, and
financial statements. An all-in-one platform for financial planning
and analysis connects everyone with the information they need, when
they need it.
Partnering with leading ERP (Enterprise Resource Planning)
systems, Phocas knows how to put data to work to help reveal what’s
really going on. Tasks are automated, information flows freely, and
people can focus on doing the work they want to do rather than
chasing down data or wrangling spreadsheets. We make people feel
good about data. Accredited as a B Corp in 2022, Phocas is
committed to the planet, people and ongoing profitability. Find us
at www.phocassoftware.com
1 Australian figure comes from WGEA, UK from Office of National
Statistics, USA from Department of Labor and NZ from Ministry of
Women.
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version on businesswire.com: https://www.businesswire.com/news/home/20240819196003/en/
For more information, please email
joanna.short@phocasosftware.com