monday.com Australia Gender Pay Statement 2024-2025
Introduction
At monday.com, equity is a foundational part of how we grow our teams and shape our culture, with transparency playing a key enabler. This includes participation in WGEA reporting alongside an internal pay equity analysis of our compensation practices.
Our internal analysis, which compares the pay of males and females within the same roles and seniority levels, shows a base salary weighted-average gap of 1%. We continue to measure and review employee compensation on an annual basis, analyzing comprehensive compensation packages, including salary, bonus, and equity, against market benchmarks tailored to role, expertise, and location.
The data published by WGEA, which shows an Average Base Salary Gap of 19.3%, reflects a pay gap analysis that measures the difference in pay between one employee group, regardless of factors that influence compensation. This differs from pay equity analysis, which considers factors such as seniority, role, expertise, eligibility, and location within relevant peer groups.
monday.com is committed to maintaining a compensation system that is fair and honest for all employees and is aligned with internal and external market benchmarks based on role, expertise, and location. To ensure consistency and prevent bias, we use the same objective salary ranges for all employees, and our internal review confirmed no evidence of gender-based pay disparity.
Our dedication to pay equity remains a core pillar at monday.com, and we value the WGEA reporting process as a key mechanism that reinforces this commitment. As our workforce evolves, we maintain an ongoing focus on regular internal audits and the continuous review of our compensation system.