TOKYO, November 14, 2022<\/u>\u00a0\u2013 UTokyo Economic Consulting Inc. (UTEcon), a leading academic consulting firm in Japan based on expertise in economics and related fields, announced today that it has launched a new service \u201cGEM App\u201d It helps companies measure if there is a gender wage gap in their organizations, understand the causes, and take necessary actions.<\/p>\n
In 2022, the Japanese government has announced that it will impose a mandatory disclosure of the gender wage gap for companies with 301 or more regular workers.<\/p>\n
\u201cGEM App\u201d provides an application that estimates the gender wage gap by controlling basic attributes so that each company can confirm the existence of the gender wage gap within the company, understand the reasons why it exists, and take measures to eliminate the gap.<\/p>\n
The results of the calculations, which are statistically processed based on economic insights, are displayed, so the true difference between men\u2019s and women\u2019s wages can be measured without the influence of other factors.<\/p>\n
Based on the personnel data provided, the system automatically displays the results of calculations related to the \u201cgender wage gap,\u201d for which the government has set disclosure requirements, as well as the results of evaluations of gender wage gap indicators, which are independently estimated by controlling for basic information, so that you can grasp information about the wage gap in your company at a glance.<\/p>\n
Controlling for a variety of variable (e.g., department\/job title, working hours, etc.), multiple models provide insights that lead to identify causes.<\/p>\n
We will provide checklists and explain how to interpret the analysis results, the factors that cause wage disparities, and the additional analysis methods that should be conducted to understand these factors.<\/p>\n
Yos Kawaharata, CEO of UTEcon said,<\/p>\n
\u201cOur company\u2019s mission is to promote practical applications of academic research in economics and related fields. Our \u2018GEM App\u2019 has enabled that even those who do not understand statistical analyses well can understand current situations about whether there is gender wage gap, and the causes if there is. When you talk about diversity management, gender wage equality is one of the basics. We hope our new service is useful for people in management and HR division.\u201d<\/em><\/p>\n Do you have interests in details or sales channel of GEM App? Please visit; About UTEcon<\/strong><\/u> Company name: UTokyo Economic Consulting Inc. Contact for Media<\/strong><\/u> <\/p>\n
\nhttps:\/\/utecon.net\/en\/dataproduct\/gemapp\/<\/a>.<\/p>\n
\nUTEcon was founded in August 2020 with close ties with the Graduate School of Economics, the University of Tokyo. UTEcon provides wide range of economic consulting services as demand forecasting and pricing, policy evaluation, machine-learning based prediction of bankruptcy and accounting fraud, market design, antitrust-related analysis, nowcasting, and quantitative and behavioral marketing.<\/p>\n
\nCEO: Yos Kawaharata
\nEstablishment: August, 2020
\nHeadquarter: Rm. 922 Int\u2019l Academic Research Bldg., 7-3-1 Hongo, Bunkyo-ku, Tokyo, 113-0033, JAPAN
\nURL:\u00a0https:\/\/utecon.net\/en\/<\/a><\/p>\n
\nPR Team, UTokyo Economic Consulting Inc.
\ninfo@utecon.net<\/a><\/p>\n