“Creating a more equitable organization is a big undertaking, but one way to begin is by examining pay equity,” said Ben Eubanks, Chief Research Officer, Lighthouse Research & Advisory. “Salary.com has a rich history of supporting pay decisions, but its pay equity product helps to examine pay across internal and external factors. From comparison of relevant jobs to building groups of similar employees, the CompAnalyst Pay Equity Suite helps to make pay equity an attainable goal for every employer.”
CompAnalyst Pay Equity Suite is based on the guiding principles and best practices outlined in the Plunkett Pay Equity Framework, a six-step methodology for attaining and sustaining pay equity. Salary.com’s Pay Equity Suite is the industry’s only end-to-end pay equity solution that automates the process of modeling both internal equity and benchmarking external competitiveness for all jobs within an organization. This unique capability provides organizations with a complete 360-degree view of where internal gaps may exist and where salaries may fall short of the competition.
“Corporate America is at a pivotal crossroad where achieving pay equity is no longer a nice to have, it’s a business imperative,” said Kent Plunkett, CEO of Salary.com. “We designed CompAnalyst Pay Equity Suite to help companies meet the moment with data-driven technology to achieve internal equity and external competitiveness. I want to thank Lighthouse Research for this recognition of our technology’s ability to fuel pay equity, transparency and trust among employers and employees.”
The HR Tech Awards program highlights HR technology companies that serve employers and employees across the globe to educate HR technology buyers and employers on the best solutions available across the industry. According to Lighthouse Research & Advisory, more than 5,000 providers exist across the HR technology industry today. This year’s HR Tech Awards recognized just 1% of those firms.
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