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Financial Sector Significantly Outpaces Other Industries in Pay Transparency Revolution

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New Syndio analysis shows financial firms are 54% more likely to disclose pay equity analyses compared to other industries

SEATTLE, July 8, 2024 /PRNewswire/ — Syndio, the world’s leading workplace equity platform, is reporting a significant shift in the financial services sector’s commitment to workplace equity. A new Syndio analysis highlights that financial services companies are increasingly stepping into a public and leading role in pay equity, a move that was unthinkable just a few years ago. While this shift can be tied to intensifying investor proxies, it’s underscored by the sector’s increased transparency in pay equity disclosures and a robust commitment to addressing pay gaps, positioning the financial services sector as a leader in workplace equity.

Financial services companies are increasingly stepping into a leading role in pay equity.

Syndio’s research, combined with Arjuna Capital’s scorecard, shows that the financial services sector is at the forefront of pay equity disclosure. Large financial services companies are 54 percent more likely to disclose the results of their pay equity analyses compared to other industries (68 percent vs. 44 percent). Additionally, last year saw the number of large financial services companies disclosing their unadjusted pay gaps nearly double, a direct response to growing investor pressure.

“The financial sector is redefining their commitment to pay transparency and often leading the conversation in surprising ways,” said Maria Colacurcio, CEO of Syndio. “What we’re seeing now is a significant shift where financial firms are not just responding to investor pressures, but are proactively embracing transparency and equity. This isn’t just good for compliance; it’s a strategic move that boosts employee engagement and reduces costs related to pay disparities. Other industries should take note—embracing pay transparency is a win-win for everyone involved.”

This commitment to transparency is further evidenced by recent actions within the sector. In the past year, five pay equity proposals were put forward. While two did not pass, three major firms—Amalgamated Bank, Blackrock, and Visa—proactively negotiated to disclose their median pay gaps, bypassing the need for a shareholder vote. These companies join other leaders such as Mastercard, BNY Mellon, Citigroup, and Amex, who are already transparent about their median gender and racial pay gaps in the U.S.

“The journey we’ve embarked on with Syndio to enhance equity and transparency at Broadridge is imperative to our business,” said Chris Perry, President at Broadridge Financial Solutions. “More than that, it’s essential for the world we live in. Equitable and transparent pay practices aren’t just about doing the right thing or complying with policies, they’re about creating a workplace where everyone thrives. It’s good ethics and good business.”

Embracing pay transparency is not just a trend — it’s a strategic move towards a more equitable workplace. Explore Syndio’s resources and solutions for achieving transparency, fostering employee trust, and driving meaningful change at synd.io.

About Syndio
Syndio is the leader in workplace equity solutions, offering technology and expert advice that enables companies to measure, achieve, and sustain equity and transparency at every step of the employee lifecycle. With Syndio’s Workplace Equity Platform, companies embed equity into their core business practices, helping to identify pay gaps, bolster the efficacy of HR policies, and facilitate faster, less biased decision-making. Trusted by over 300 companies, including 30% of Fortune’s Most Admired Companies, Syndio ensures equity and consistency in pay and advancement while streamlining global compliance reporting and communications so that each customer can become and remain an employer of choice. Join the forefront of building a more equitable and efficient future of work with Syndio.

Contact: Lauren Riefflin, 425.829.0516, lauren@kingstonmarketing.group

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SOURCE Syndio

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Siemon Appoints Trey Somers as Vice President of Product Management

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The Siemon Company, a global leader in network infrastructure solutions, announces the appointment of Trey Somers as Vice President of Product Management, effective Monday, July 15th, 2024.

WATERTOWN, Conn., July 20, 2024 /PRNewswire-PRWeb/ — The Siemon Company, a global leader in network infrastructure solutions, announces the appointment of Trey Somers as Vice President of Product Management, effective Monday, July 15th, 2024. In this role, Somers will lead Siemon’s global product management team and drive the development of innovative solutions that meet the evolving needs of the market. With a distinguished career spanning over two decades in the industry, Somers brings a wealth of experience in enterprise product management, OEM product management, and consulting services. Most recently, he served as Managing Director at Align Communications where he successfully led a team delivering smart building solutions to major financial institutions across the globe. “We are thrilled to welcome Trey to the Siemon team,” said Henry Siemon, President and CEO. “His deep industry knowledge and proven track record in product management make him an invaluable asset to our organization. We are confident that under Trey’s leadership, Siemon will continue to deliver cutting-edge solutions that drive customer success.” In his new role, Somers will oversee both the OEM and Enterprise Product Management teams, combining them into a unified global product management organization. He will also collaborate closely with the marketing team to align product development with current market needs and developing industry trends. “I am excited to join the Siemon team and contribute to the company’s continued growth and success,” said Trey Somers, Vice President of Product Management. “Siemon has CONNECTING THE WORLD TO A HIGHER STANDARD www.siemon.com a strong reputation for innovation and customer focus. I look forward to working with the team to develop groundbreaking solutions that address the challenges and opportunities of today’s dynamic market.” Learn more about Siemon at www.siemon.com.

“We are thrilled to welcome Trey to the Siemon team,” said Henry Siemon, President and CEO. “His deep industry knowledge and proven track record in product management make him an invaluable asset to our organization.”

About Siemon – Established in 1903, Siemon is an industry leader specializing in the design and manufacture of high-quality, high-performance IT infrastructure solutions and services for Data Centers, LANs, and Intelligent Buildings. Headquartered in Connecticut, USA, with global sales, technical, and logistics expertise spanning 150 countries, Siemon offers the most comprehensive suites of copper and optical fiber cabling systems, racks, cable management, and Intelligent Infrastructure Management solutions. With more than 400 patents specific to structured cabling, Siemon Labs invests heavily in R&D and the development of Industry Standards, underlining the company’s long-standing commitment to its customers and the industry. Through an ongoing commitment to waste and energy reduction, Siemon’s environmental sustainability benchmarks are unparalleled in the industry.

Contact Information: Brian Baum, brian_baum@siemon.com

Media Contact

Brian Baum, Siemon, 1 860 945-4213, brian_baum@siemon.com

View original content:https://www.prweb.com/releases/siemon-appoints-trey-somers-as-vice-president-of-product-management-302201236.html

SOURCE Siemon

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Online Generator Seller Announces Cummins 7-Day Inflation Fighter Discount For Homeowners

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Cordova, Tennessee based Buckeye Power Systems, LLC announced its partnership with Cummins Power Generation and a 7-day inflation fighting 5% discount on the popular Cummins 20kW RS20A air-cooled home standby generator. The discount applies for purchases between July 25th and August 1st, 2024.

CORDOVA, Tenn., July 20, 2024 /PRNewswire-PRWeb/ — Cordova, Tennessee based Buckeye Power Systems, LLC announced its participation with Cummins Power Generation and its 7-day 5% discount for homeowners on the popular RS20A 20kW HSB air-cooled home standby generator. The discount also applies to the RS20AC kit which includes a 200-Amp Automatic Transfer Switch. The discount applies for purchases between July 25th and August 1st, 2024.

“The 7-day special discount applies to Cummins 20kW air-cooled home standby generator which is also its most popular model.”

David Richey, president of Buckeye Power Systems, said today, “The 7-day special discount applies to Cummins 20kW air-cooled home standby generator which is also its most popular model. The 20kW generator provides whole house coverage for homes up to 2000 square feet. The same generator also provides managed whole house coverage for homes up to 3000 square feet.”

Richey said the Cummins 20kW includes a built-in load management feature which manages the operation of high-power consumers like air conditioners, kitchen ovens, and clothes dryers. “The load management feature prevents certain loads from operating when the generator is already operating at or near peak performance,” Richey continued. “So, the RS20A offers managed whole house coverage for homes up to 3000 square feet.”

When fueled by natural gas, homeowners enjoy an unlimited supply of fuel from their utility supplier, thus eliminating the need for fuel storage. The same generator can also be fueled by liquid-propane (LP). A 5-year manufacturer’s warranty is standard and extended warranty coverage up to 10 years is available as an option.

In the current inflationary economic environment, the price rollback should be warmly welcomed among homeowners looking for special deals on standby power. The Buckeye Power Systems website currently offers the Cummins RS20A for $5,069 with no sales tax in most states, less the $253.45 discount. The Cummins RS20AC kit includes a 200-Amp Automatic Transfer Switch and is offered for $5995 less a $299.75 discount during the 7-day special promotion.

Buckeye Power Systems is also offering a $500 VISA Gift Card for purchase of the two other Cummins air-cooled home standby generators including the 13kW Cummins RS13A and the 17kW Cummins RS17A.

Media Contact

Steve Baker, Buckeye Power Systems, LLC, 1 19013798097, steve@benchmarkelectric.us, https://buckeyepowersystems.com

David Richey, Buckeye Power Systems, LLC, 1 9013798097, david@buckeyepowersystems.com, https://buckeyepowersystems.com

View original content to download multimedia:https://www.prweb.com/releases/online-generator-seller-announces-cummins-7-day-inflation-fighter-discount-for-homeowners-302201860.html

SOURCE Buckeye Power Systems, LLC

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UBX Cloud Creates A Rapid Solution To The Crowdstrike Outage Affecting Millions Worldwide.

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Download the newest version of the “CrowdFix” update on UBX Cloud’s website.

DETROIT, July 20, 2024 /PRNewswire-PRWeb/ — UBX Cloud, a dedicated cloud hosting provider with experience in IT solutions on a global scale, has developed a safe automated repair for the CrowdStrike outage that has affected millions worldwide. The new update has been named “CrowdFix” by UBX Engineers. The solution has been tested on thousands of servers that UBX Engineers manage internally with results that work highly efficiently.

“Our engineers have developed a countermeasure within 2.5 hours after the first reported incident. I appreciate the team working to create a solution that makes it simple, effective, and secure.” – Steven Panovski, President and Founder of UBX Cloud.

“Our engineers have developed a countermeasure within 2.5 hours after the first reported incident. I appreciate the team working to create a solution that makes it simple, effective, and secure,” stated Steven Panovski, President and Founder of UBX Cloud.

CrowdFix Solution Developed by UBX Cloud

To implement the CrowdFix solution, Engineers can simply boot the CrowdFix ISO on the impacted system and it’ll automatically detect all attached disks on the system, while deleting the CrowdStrike related files that are preventing impacted Windows systems. Administrative access or restoration from the backups isn’t required.

For step-by-step instructions on implementing the CrowdFix, please view the documentation in or video to implement. Complete Disclaimer will be listed on our company blog.

Instructions are to boot the ISO file and run the batch file.
Primary LINK 1: http://ubx.link/csfix
Alternate LINK: TBA

Filename: WinPE_UBXCloud_CSFix103.iso
MD5 Hashes: 623c3e11895dda4015bd02f0f8b49313e1fdf2806c961f71d41fbdc96cdc03b5
Size: 380 MB

UBX Cloud Inc.

UBX Cloud is a global IT and Engineering company founded in Michigan in 2008. After steady growth, they opened a new satellite office in India. The company has a team of Engineers working to develop and manage cloud solutions for businesses around the world. This ensures business continuity and secure cloud solutions that give customers peace of mind. To learn more about partnering with UBX Cloud on secure cloud solutions and managed services, please visit the website and contact the team.

With the growing dependence on technology and software solutions, it’s even more important for cloud service providers to develop solutions that support the overall architecture and framework of interconnectivity.

“We’re happy to develop a solution that supports business continuity and operations worldwide. Our team is dedicated to helping customers and the industry at large with cybersecurity and IT solutions that bring value. I especially want to thank our Engineer Mohammed Ali, for developing the solution rapidly,” Steven Panovski said passionately.

In addition to the CrowdFix solution, UBX Cloud previously supported other large enterprises with cybersecurity and cloud solutions. They’re quickly becoming a resource for Engineers across the globe that collaborate on developing technology solutions.

For more information, please visit UBX Cloud’s website at https://www.ubxcloud.com.

UBX Cloud LinkedIn

Media Contact

Carrie Stapleford, UBX Cloud, 1 (586) 808-5000, oop@ubxcloud.com, https://www.ubxcloud.com/

View original content to download multimedia:https://www.prweb.com/releases/ubx-cloud-creates-a-rapid-solution-to-the-crowdstrike-outage-affecting-millions-worldwide-302201954.html

SOURCE UBX Cloud

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