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What is Pave?

Optimize and assess your compensation strategies effortlessly with Pave. This innovative platform allows you to refine your compensation decisions while eliminating the hassle of complex spreadsheets, thanks to its integrated real-time connections with your HRIS, ATS, and Cap Table. Historically, managing merit cycles has been a labor-intensive process, requiring teams to gather numerous compensation reports and keep various spreadsheets for different managers. Pave resolves this issue by centralizing compensation data in real-time, making it easier to handle merit cycles from one unified interface. Additionally, candidates and employees often do not have a clear view of their entire compensation package, which includes equity, bonuses, and benefits. Pave empowers you to clearly showcase the full range of offerings, which is crucial for attracting and retaining high-caliber talent. Many conventional surveys demand regular manual uploads, resulting in outdated compensation data. In contrast, Pave provides the most accurate real-time compensation benchmarking insights by swiftly integrating your systems within minutes. With this forward-thinking approach, traditional compensation surveys become obsolete, emphasizing that total rewards involve more than just salary. Ultimately, Pave redefines how organizations handle and communicate compensation, fostering transparency and simplifying the entire process, while also paving the way for more informed decision-making.

What is MarketPay?

Payscale MarketPay is recognized as the leading HR platform that compensation experts globally depend on for reliable market analysis and actionable insights. This platform is tailored for multinational companies with large employee populations, specialized compensation teams, established pay structures, and a wealth of survey data to manage. As our flagship compensation tool, it streamlines survey management and seamlessly integrates with Tableau, offering a holistic perspective on compensation data. Acquire accurate, thorough, and defendable salary information sourced from the most recent market trends, which are crucial for informing your salary-related strategies. Uncover the essential knowledge needed to make timely staffing decisions while accessing real-time data through engaging visualizations, dashboards, and models that support strategic decision-making. Take advantage of our constantly refreshed assessments of the evolving pay landscape to make informed salary choices that effectively attract and retain essential talent for your organization’s prosperity. By using Payscale MarketPay, businesses can maintain their competitive edge in the fast-changing realm of employee compensation, ensuring they are well-equipped to adapt to future challenges.