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What is LaborIQ?

LaborIQ, developed by ThinkWhy, is a leading player in talent technology, delivering accurate compensation data for over 20,000 job roles across numerous U.S. cities and sectors. The platform provides users with unlimited reporting options and access to salary information that is underpinned by an enormous database comprising 3 trillion data points and payroll data from more than 400,000 companies. Users can leverage extensive employment analytics and forecasting, insights on talent availability and wage expectations, as well as salary benchmarking and customizable reporting features to refine their workforce strategies and business planning. With solutions that are informed by data for modern talent acquisition needs, users benefit from unrestricted access and versatile reporting functionalities. This platform facilitates salary comparisons across various positions in every U.S. city, giving organizations critical insights into compensation trends necessary for attracting high-caliber talent. Additionally, it enables companies to identify potential pay inequities and retention issues early in the process, thereby reducing ambiguity during recruitment. Consequently, this leads to faster hiring processes and recruitment decisions, providing timely insights on talent availability and compensation that align with current market dynamics. By transforming complex data into actionable insights, LaborIQ enhances your hiring initiatives and strengthens your decision-making framework, ultimately driving organizational success. In a competitive job market, having access to such detailed information allows businesses to make informed strategic choices that can significantly improve their talent acquisition outcomes.

What is KnowledgePay?

To rapidly boost your savings, enhance productivity and operational efficiency, and elevate your profitability, making strategic compensation decisions is essential. Our cutting-edge solutions transform data into actionable insights that facilitate this process effectively. With our tools at your disposal, you gain the ability to make more informed choices. Our offerings go beyond mere technology, as they are specifically tailored for Compensation needs. Our cloud-based solutions for Market Pricing, which include Surveys, Jobs, and Incumbents, along with Compensation Management that covers Salary, Merit, Bonus, and Long-Term Incentives, are celebrated for their simplicity in managing complex operations. Effortlessly integrate job creation, descriptions, competencies, salary structures, compliance monitoring, and more. Additionally, harmonize all your salary surveys and internal job pricing strategies while simplifying the survey submission process. By analyzing performance indicators, talent insights, compensation frameworks, and market positioning in a unified view, you can secure the best possible compensation results. This comprehensive strategy ultimately guarantees that your organization not only stays competitive but also optimally allocates its financial resources for sustained growth. Embracing such an integrated system is crucial for long-term success and resilience in the current marketplace.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

LaborIQ

Date Founded

2018

Company Location

United States

Company Website

laboriq.co

Company Facts

Organization Name

KnowledgePay

Date Founded

2008

Company Website

www.knowledgepay.com

Categories and Features

Compensation Management

Bonus Management
Compensation Plan Modeling
Salary Planning

Recruiting

Job Requisition

Salary Benchmarking

Not specified

Talent Intelligence

Not specified

Categories and Features

Compensation Management

Compensation Assessment
Compensation Calculation
Compensation Plan Modeling
Compensation Statements
Employee Reward Programs
Organizational Charting
Salary Planning

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