This post was written by Bernardo Teixeira, compensation nerd at NerdWallet.
Our mission at NerdWallet is to provide clarity for all of life's financial decisions. This includes providing financial clarity for employees — or Nerds, as we call them — as well. We bring in guest speakers, provide a learning stipend, and are committed to equal pay for equal work.
To fulfill this commitment we partnered with Syndio, an HR analytics company that promotes fairness in every stage of employment, starting with equal pay. As a part of this partnership, today we’re announcing our commitment to equal pay standards with Syndio and the National Women's Law Center.
After running the pay equity analysis, we’re proud to report that there were no statistically significant pay differences based on gender or ethnicity when controlling for factors such as job level, experience and job function. This is a great validation of our compensation practices, designed to guarantee consistency and fairness. We want Nerds to feel confident that they’re being paid fairly and know that NerdWallet has their back. As a part of this commitment, we’re holding ourselves accountable to reevaluating pay equity across the company twice yearly.