SpareFoot, an online marketplace for self-storage consumers, is one of three technology-based companies to earn pay-equity certification from SameWorks, an Austin-based company that provides software tools for businesses to uncover and resolve diversity and pay issues. Certification is achieved by undergoing a pay-equity audit and either correcting any issues or providing justification for pay differences, such as experience, performance or tenure. Companies must also adhere to hiring and promotion best practices to ensure pay equity over time, according to a press release.
In addition to the SameWorks audit, there’s third-party oversight to ensure companies have met all criteria and standards, and protect against false claims, the release stated. SameWorks guidelines are based on U.S. equal-pay laws to ensure fair compensation based on work performed, regardless of age, gender, race and other factors.
“In many cities, top talent is hard to come by. Companies are looking for an edge. Pay equity is table-stakes in the minds of many sought-after employees,” said Crystal Hansen, CEO of SameWorks. “We’re helping to make this process simple, transparent and affordable, so that all companies can do the right thing.”
“In the past, we have had an employee analyze anonymous data to ensure fair pay,” added Chuck Gordon, CEO of SpareFoot. “When the opportunity arose to work with SameWorks, we were excited. We want our employees to know they are valued and feel comfortable that they are being paid fairly, so they can focus on doing great work.”
In addition to SpareFoot, data.world and Square Root also received certification.
SpareFoot.com helps consumers find and reserve self-storage units, with comparison shopping tools that show real-time availability and exclusive deals. With a network of more than 12,000 storage facilities ranging from mom-and-pop operations to real estate investment trusts, the company reaches prospective storage renters though partnerships with brands including SelfStorage.com and Penske Truck Rental.