EquityPath and EquityTest, two software platforms offered by EquiCalc, address the need for pay analysis and data processing.
For broader pay-equity analysis, EquityPath combines clear graphics, sophisticated econometric models, and artificial intelligence to identify, measure, and correct potential wage disparities across races/genders among similar workers based on their individual pay records. Through a graphical user interface, users can adjust wages for large groups of individuals based on individual wage-shortfalls, or for employees individually. EquityPath can investigate potential discrimination in aggregated groups, such as management divisions, states, or within job groups across the country or within small groups, such as individual jobs in individual establishments, based on a few clicks on the graphical user interface.
EquityTest is used for fast, but extensive, analysis of the required EEO-1 Component 2 wage and hour data. EquityTest identifies potential pay inequity based on the EEOC’s potential initial screening tests. EquityTest’s reports summarize potential concerns upfront with easy-to-use hyperlinks to details in the body of the report, making it easy to identify potential problems and assess solutions from up to 480 tests per establishment. The software can use anonymous data in the EEO-1 report form, so companies can load data to EquiCalc’s secure cloud and know their data has no corporate-specific identifiers.
EquityTest and EquityPath are designed and created by economic, statistical, and computing experts at EquiCalc and our consulting partner firm, Advanced Analytical Consulting Group, Inc. Our economists have over 30 years of experience assisting clients with a wide variety of labor and employment challenges. Among its experts, EquiCalc has Ph.D. economists with extensive background in labor and employment matters, providing objective, scientific estimates of damages and assisted counsel with creative liability arguments in single plaintiff, multi-plaintiff, and class action litigations. Our economists have authored expert reports and provided deposition and expert testimony in a broad range of labor and employment matters. Our computing experts have extensive experience designing simple and accessible reporting software that allows both corporate decision-makers, with limited statistical background and statistical experts alike to quickly access the information critical to the decisions they need to make through graphical reports and detailed statistical reporting.