Advancing Equality Calculator™
Pay parity stands as one of the greatest barriers to gender equality. The World Economic Forum’s projections show that we won’t achieve gender parity on a global scale until the year 2277 — and that isn’t even taking into account the decades of progress that have been undone by the pandemic.
Powered by The Female Quotient and Citi, the Advancing Equality Calculator is a free tool that organizations or departments of any size can use to calculate their raw pay gap in a few simple steps. It also demonstrates how closing the pay gap could potentially contribute to revenue and GDP, and provides tailored insights that may help your organization build a stronger case for gender equality. Best of all, anyone can use it — you just need some basic company information to get started.
Pay parity is essential in the drive for equality. This tool was created to raise awareness and foster transparency by helping organizations calculate their raw pay gap.
Anyone in compensation and benefits, C-suite leadership, data analytics, diversity & inclusion and human resources.
You will receive a customized report that will include the gender wage gap for your entire organization, your department, or function. You can compare your gap with your country or the world. You will understand the GDP and revenue impact if or when your organization closes the gap.
More From Our Tool
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The Parity Playbook: Lessons From Leaders Who Are Taking a Stand for Pay Equity
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Equity vs. Equality: Here’s What You Should Know
Equitable Recovery: How Remote Work May Help Close the Pay Gap
Any organization can use the Advancing Equality Calculator, though we have found organizations with 50 employees or more benefit most from this tool.
To get on your way with the Advancing Equality Calculator, you’ll need some important organizational data. This tool is best used by individuals working in HR, C Suites, or parts of the organization that have access to pay data.
Your data is stored on a secure server and is not publicly accessible. Additionally, all data transmitted to and from the Advancing Equality Calculator™, when and where applicable, is encrypted using industry standard security measures. Access to the Advancing Equality Calculator™ is secured over a HTTPS protocol with a strong SSL Certificate. All connections and transferred data is encrypted. We have a strong password policy for accessing an Advancing Equality Calculator™ account, and users’ passwords are stored in a hashed format using algorithms and iterations to ensure maximum security. We also have Two Step Authentication to maximize security.
The Advancing Equality Calculator shows you how your organization’s wage data compares to other companies in the same industry. It also demonstrates how closing the pay gap could potentially contribute to revenue and GDP, and provides tailored insights that may help your organization build a stronger case for gender equality.
The Advancing Equality Calculator is completely, totally, 100% free to use. The Female Quotient is dedicated to closing the gender pay gap, and the AEC is our way of helping you through that first step of diagnosing your event.