Syndio

Overview

Syndio is a software company based in the United States, founded in 2016, that specializes in human resources software with a focus on pay equity solutions. The company offers tools such as PayEQ® and Pay Finder™, which are designed to help organizations maintain equitable pay practices. One of their notable case studies involves Elevance Health, a health insurance company that utilizes Syndio's Pay Finder™ to conduct gender and race pay equity analyses, ensuring that compensation for employees is equitable across various demographics. The analysis indicated that pay for females and people of color was within one percent of their male and white counterparts. Additionally, the platform aids recruiters and managers in making informed pay decisions by providing insights into internal pay equity, which helps reduce pay disparities and improve trust within the organization. Syndio also publishes research articles, such as the "Workplace Equity Trends Report 2024," which further explores trends and insights in workplace equity. The company employs between 51 and 200 individuals and reported revenue of approximately $31.5 million.

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