Diversity Report 2021
Talent is everywhere, opportunities are not
As a company, one of our wishes is to be able to provide equal economic opportunity to people across the globe regardless of ethnic origin, religion or belief, disability, age, or gender. Although there are laws in place to help furtther both inclusivity and dtiversity in the workplace, these laws set a minimum standard.
This year we’ve decided to publish our first-ever Diversity Report to share how we are proactively adding value to the people and organizations that contribute to the well being and engagement of our employees. We are sharing the results of our wealth re-distribution effect and how we’ve used unbiased algorithms to promote positive biases that are helping shape the future of work.
“We are all diverse. No two human beings are completely alike. Your diversity is an asset that you are probably not leveraging. If you want to be truly successful, accept, embrace, and love diversity. Invest in your diversity and don’t let anyone limit it.”
We do more than just believe in diversity
We believe that talent is everywhere, opportunities are not. That’s why we pay our translators fairly, especially in countries where opportunities are limited. This is our contribution to helping reduce the diversity gap worldwide. Our product, T-Rank, assigns jobs to the most talented translators regardless of gender, age or disability. We never ask them to specify their gender.
We make it possible for people to work while pursuing their passions. We give parents the opportunity to work while raising their families. We do this because we believe that human happiness goes hand in hand with the future of our company.
Designing bias free technology to support our decisions
T-Rank Angnostic Algorithms
AI-augmented decision-making is based on performance data and professional skills, regardless of gender, age, religion, race or disability. T-Rank takes into account more than 30 factors that determine the success of a translation project. Over the years, our team has been able to collect these data points from nearly a million jobs. This has allowed us to rank translators according to both objective and subjective qualities.
Key Datas
Founders and Employees
01
No gender gap in our founders’ equity split
Translated’s shares have a 50-50 male/female split, while the overall equity in the tech industry held by women is only 7% according to the 2019 Gender Equity Gap report by Carta, which gathered data on equity ownership from more than 25,000 founders and 320,000 employees in over 10,000 companies in the US earlier this year.
source: tablestakes.com/study/
02
No management gender gap
Male/female ratio in leadership roles* at Translated:
8 men, 8 women.
*This includes all leadership roles: C-level, VP level, unit directors, heads of departments
Key Datas
Founders and Employees
Designing bias free technology to support our decisions
T-Rank Agnostic Algorithms
AI-augmented decision-making is based on performance data and professional skills, regardless of gender, age, religion, race or disability. T-Rank takes into account more than 30 factors that determine the success of a translation project. Over the years, our team has been able to collect these data points from nearly a million jobs. This has allowed us to rank translators according to both objective and subjective qualities.
01
We work with translators in every corner of the globe
We actively recruit translators in every country around the world. To date, we have worked with translators in 139 countries.
02
Wealth redistribution effect
We pay translators more* where there is fewer opportunity, helping improve the future of diversity and inclusion.
Gini** index on average wages across countries: 46%
Gini index on Translated equivalent full-time salaries: 16%
* Compared to the median full-time salary for each country.
** The Gini index measures inequality.
03
Equal gender distribution among translators
As a whole, the translation industry undeniably has more female than male translators. Translated supports male translators joining the company. According to the American Translators Association and based on demographic questions in member surveys, their membership is around 70% female. That percentage has not changed significantly in years. Based on roughly 9,500 individual members, this means they have approximately 6,660 females and 2,850 male members.
04
Eliminating the gender pay gap among translators
Male/female ratio in leadership roles* at Translated:
8 men, 8 women.
*This includes all leadership roles: C-level, VP level, unit directors, heads of departments
05
More equal salaries across age ranges
We pay young people and older people the same.
Because we believe that young people are the engine
of the future.
“I believe in the beauty and strength of diversity, a key component of those communities that are able to reach goals that seem impossible to single individuals. Diversity is at the base of our physical and spiritual evolution. Those who are considered different have more chances to change the world for the better.”
Get in touch.
We are here to answer your questions,
and help you get what you want.