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LaborIQ

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What is compensly?

Eliminate the reliance on outdated data collection techniques and manual surveys. By seamlessly connecting with our clients' HRIS, payroll, and cap table software, we provide accurate and up-to-date compensation benchmarking data. This technology grants immediate access to reliable information, thus removing the delays and laborious surveys associated with traditional methods. Our specialized filters tailored to specific industries make it easy to perform comparisons, yielding insights that are customized to your needs. Utilizing API integrations, we pull data directly from our clients' systems, which not only conserves precious time but also guarantees the information is continuously accurate and refreshed in real-time. We provide essential filtering options that allow you to confidently benchmark against industry peers. By establishing aligned benchmarking levels, you can gain a more profound comprehension of your organization's structure, empowering you to make informed decisions with the data at hand. We prioritize the security of your data, ensuring encryption during both transmission and storage. Furthermore, our platform is designed to easily adapt filters, allowing you to meet the changing needs of your organization while remaining agile in a dynamic market landscape. This responsiveness ensures that your benchmarking efforts are always aligned with current industry standards.

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.