A unique artificial intelligence (AI) salary data platform has been created in Latvia
A unique artificial intelligence (AI) salary data platform has been created in Latvia
Publish Date: 2026-05-27 08:42:00
Source Domain: www.baltictimes.com
- ERDA, a Latvian company, has introduced the Baltics’ largest real-time salary data platform ahead of the EU Pay Transparency Directive.
- The platform provides companies with continuous updates on salaries, job positions, and skills trends, analyzing over 80,000 job advertisements from 12,000 companies across the Baltics.
- Starting from June 7, 2026, EU member states will mandate objective salary justification and the explanation of gender pay gaps, which will be facilitated by this real-time, continuously updated data.
- Data from ERDA reveals significant salary differences in key professions like accounting and sales, underscoring the need for transparent and current salary information.
- The platform employs AI and the ESCO taxonomy to systematically categorize job positions, skills, salaries, and industry demand.
- ERDA specializes in labor market and HR issues, and the new platform initially targets Latvia with plans to expand to Lithuania and other European countries.
- The growing demand for such platforms in Europe is influenced by EU pay transparency requirements and the rapidly changing labor market due to advancements in artificial intelligence.