Pequity
Make great pay decisions - always. Flexible, scalable, and equitable compensation management.
Executive Summary
Pequity is an AI-powered compensation management platform that centralizes compensation data and workflows for HR, finance, and compensation teams. It streamlines and automates compensation cycles, ensuring equity, transparency, and compliance. The platform reduces manual processes, minimizes errors, and provides data-driven insights for informed and strategic compensation decisions, targeting mid-market to enterprise companies with complex compensation practices.
Use Cases
- Streamlining annual and off-cycle compensation reviews and adjustments.
- Ensuring pay equity and compliance with relevant regulations.
- Benchmarking compensation against market data to attract and retain talent.
- Creating and managing compensation ranges for various roles, levels, and locations.
- Budgeting and forecasting compensation expenses.
- Generating transparent total rewards statements for employees.
Features
Visibility
- Compensation Cycle Management: Automates and manages structured annual or semi-annual compensation reviews, as well as off-cycle adjustments like new hire offers and promotions.
- People Insights & Comp Health: Provides real-time analytics and a proprietary 'Comp Health score' to monitor the equity and competitiveness of compensation programs across various dimensions.
- Real-time Market Data Integration: Accesses and integrates real-time market data for accurate benchmarking and competitive pay decisions, reducing reliance on lagging external surveys.
- Manager Dashboards: Offers intuitive dashboards for managers to make informed compensation decisions, with comments, mentions, data access control, and data validation.
Intelligence
- AI Copilot for Formula Building: Uses natural language to build complex compensation formulas, providing instant explanations and allowing for precise, mid-cycle adjustments.
- Automated Compensation Planning: Streamlines and automates various aspects of compensation planning, from salary reviews to bonus payouts, reducing manual effort.
- Customizable Compensation Models: Allows organizations to tailor compensation models, configure budgets, convert currencies, and design custom approval workflows to match unique needs.
- Pay Equity Analysis: Identifies and addresses pay disparities, ensuring fair and equitable compensation practices across the organization.
Support
- Dedicated Support Team: Every plan includes access to a dedicated support team for assistance and expert guidance throughout the compensation cycles.
- Help Center Documentation: Comprehensive online resources and documentation are available to help users navigate the platform and understand its features.
- Onboarding & Training: Provides onboarding support, template guidance, and admin training to ensure quick and efficient implementation and user adoption.
Technical Specifications
- Architecture
- Cloud-native SaaS
- Deployment
- Cloud/SaaS
- Authentication
- SSO, MFA
- API Available
- Yes
- MCP Server
- No
Infrastructure
- AWS
- GCP
AI/ML Stack
- NLP
- Machine Learning
Integrations
- Workday
- BambooHR
- ADP
- UKG
Security & Compliance
Certifications: SOC 2 Type II, GDPR
Encryption: Enterprise-grade encryption (at rest and in transit implied)
Data Residency: Cloud-based
Pricing
- Model
- Custom enterprise
- Starting Price
- Contact sales
- Target Customer
- Mid-market to Enterprise
- Contract Type
- Annual
- Free Trial
- Yes, Custom demo (credit card required)
About Pequity
Pequity is the leading all-in-one compensation platform, built by compensation leaders to help companies compete for, attract, and retain top talent. It provides data-driven software for building competitive and equitable compensation plans, including solutions for compensation planning, approvals, and total compensation portals.