Approvals
Streamline compensation approvals and collaborate on pay decisions across your organization.
Executive Summary
Pequity Approvals is a dedicated solution within the Pequity platform designed to centralize and streamline the process of making pay decisions. It facilitates collaboration among key stakeholders including HR professionals, managers, leaders, recruiters, and compensation teams, ensuring alignment and efficiency in compensation workflows. The system is built to manage both annual compensation cycles and off-cycle adjustments, integrating these approvals directly into existing hiring and HR processes. The platform emphasizes flexibility and seamless integration with an organization's current HRIS and other essential tools. This allows for the synchronization of real-time employee data and compensation information, creating a single source of truth for all pay-related decisions. By automating and organizing compensation workflows, Pequity Approvals aims to reduce manual effort, enhance accuracy, and promote greater transparency in pay management.
Use Cases
- Streamlining off-cycle compensation approvals for new hires, promotions, or adjustments
- Collaborating on pay decisions across HR, management, recruiting, and compensation teams
- Managing and automating compensation workflows for salary reviews, bonuses, and equity grants
- Integrating compensation approvals directly into the hiring process
- Ensuring consistent application of pay bands and compensation policies
Features
Visibility
- Budget Reporting: Provides insights into compensation budgets and spending.
- Employee Portals: Offers employees access to their compensation information.
- Total Reward Statements: Generates comprehensive statements detailing employee compensation and benefits.
- Range Management: Helps manage and enforce compensation pay bands and ranges.
- Pay Transparency: Promotes openness and clarity in compensation practices.
Intelligence
- AI-driven Insights: Leverages artificial intelligence to provide data-driven recommendations and insights for compensation decisions.
- AI Copilot: An AI assistant designed to support and streamline compensation management tasks.
Technical Specifications
- Deployment
- SaaS
- Authentication
- SSO/SAML, MFA
- API Available
- Yes
Integrations
- Workday
- BambooHR
- UKG
Security & Compliance
Certifications: SOC 2 Type 2, GDPR
Encryption: Data encryption in transit and at rest.
Pricing
- Model
- Custom quote / Subscription
- Starting Price
- Contact sales
- Target Customer
- Mid-Market,Enterprise
- Contract Type
- Annual
- Free Trial
- Yes
About Pequity, Inc.
Pequity provides compensation management software that helps companies plan, benchmark, and administer employee compensation cycles. The platform supports salary bands, market benchmarking, pay equity analysis, and compensation review workflows to enable data-driven pay decisions.