WTW (NASDAQ: WTW), a leading global advisory, broking and solutions company, and Bettercomp, a market leader in compensation benchmarking software, today announced a strategic partnership.
Through this partnership, WTW will combine its renowned compensation advisory expertise and compensation benchmarking reports with Bettercomp’s leading-edge technology to support the design and evaluation of pay structures. Clients will gain access to Bettercomp’s intuitive software, which integrates survey data from multiple sources and aligns it with advanced analytics and AI-driven automations to enable sound pay decisions.
WTW advises organizations on pay program design that aligns with both business objectives and talent strategies. Bettercomp codifies companies’ compensation philosophies to streamline benchmarking workflows and surface data-driven insights. The partnership will deliver enhanced flexibility, speed and scalability to support informed pay decisions for WTW and Bettercomp customers.
“Today’s HR professionals need intuitive technology, data and analytics to support decision making and navigate complex compensation programs,” said Mark Reid, Global Head of the Work & Rewards business at WTW. “Our strategic partnership will integrate Bettercomp’s market-leading software with WTW’s leading advisory services and benchmarking data, delivering better integration and faster innovation.”
“We created Bettercomp to manage the intricacies of global compensation at scale,” said Alan Miegel, co-founder and CEO of Bettercomp. “Partnering with WTW allows us to deliver that value to a wider audience and drives additional innovation for our mutual customers.”
About Bettercomp
Bettercomp simplifies market pricing by integrating market data with each company’s unique compensation philosophy. With Bettercomp, companies keep their comp programs current, so every pay decision is fair and competitive. To learn more about how Bettercomp transforms compensation practices, please visit bettercomp.com.
