PayScale: Agile Compensation Software for the Modern Enterprise
Increasingly, your employees know what they’re worth. To keep pace and effectively retain and motivate the people who drive your business forward, you need smart, agile compensation strategies. And yet the teams tasked with implementing those strategies are typically under-resourced and under-equipped.
PayScale’s MarketPay product is purpose-built to help comp teams elevate their output and keep a pulse on the market. PayScale has a compensation software solution, as well as salary survey data for every organization and every comp situation. Get out of spreadsheets and do the true work of compensation, from crafting your comp strategy to managing your pay brand to training your managers on how to talk about pay with their employees.
During our demonstration, we will provide an overview of how MarketPay helps increase your data coverage and pricing ability, reduces friction in pricing, modeling and survey participation, and enables reporting to key stakeholders across your organization to build credibility in your compensation strategy.
At this demo, you’ll learn how to:
- Dramatically reduce survey participation time
- Identify new data sources for market pricing and better utilize your current data pool
- Incorporate skill-level data in your pricing process
- Build visual BI reports and share with stakeholders
- Easily track market movement by job
- Identify and mitigate risk areas, such as equity concerns