Payscale Peer Industry (Networks)
Next-gen compensation benchmarking with real-time, industry-specific market insights.
Executive Summary
Payscale Industry Networks offer a next-generation approach to compensation benchmarking, providing real-time, industry-specific market insights. This solution moves beyond traditional static data, offering dynamic and up-to-date information crucial for competitive compensation strategies and enabling organizations to make clear and confident pay decisions. The product is designed to help organizations create, track, and analyze their compensation strategy with precise, on-demand data. It aims to optimize pay structures and ensure equitable compensation, addressing the complexities of modern compensation management. It integrates HRIS-sourced data, includes built-in job description management, total reward statements, and connects users to a virtual community of compensation and HR professionals, fostering collaboration and knowledge sharing.
Use Cases
- Conduct real-time compensation benchmarking with industry-specific data.
- Optimize pay structures and ensure equitable compensation across the organization.
- Create, track, and analyze comprehensive compensation strategies.
- Manage job descriptions and generate total reward statements efficiently.
- Access dynamic market insights to make informed pay decisions.
Features
Visibility
- Real-time Market Insights Dashboard: Provides dynamic and up-to-date compensation data specific to various industries.
- Compensation Strategy Tracking: Tools to create, track, and analyze an organization's compensation strategy over time.
- Job Description Management: Built-in features for managing and organizing job descriptions efficiently.
- Total Reward Statements: Generates comprehensive statements detailing employee total compensation packages.
Intelligence
- On-demand Compensation Data: Provides precise and current compensation data for informed decision-making.
- Data Gap Filling: Intelligently pulls in similar entities to provide insights even when specific data for a query is low.
Support
- 24/7 Customer Support: Round-the-clock assistance available to help users with their queries and issues.
- Dedicated Account Managers: Enterprise members receive personalized support and guidance from dedicated account managers.
- Guaranteed Uptime SLA: Service Level Agreement guaranteeing uptime for enterprise clients to ensure continuous service availability.
Technical Specifications
- Architecture
- HTTP RESTful service for generating compensation reports and facilitating integrations with third-party systems.
- Deployment
- SaaS
- Authentication
- OAuth/OIDC
- API Available
- Yes
Integrations
- Oracle
- SAP SuccessFactors
- Gusto
- Humi
- Paylocity
- ADP
- BambooHR
- UKG
Security & Compliance
Certifications: SOC 2, CCPA, TX-RAMP
Encryption: Data encryption for sensitive compensation information.
Pricing
- Model
- Subscription-based, custom pricing
- Starting Price
- Contact sales
- Target Customer
- SMB,Mid-Market,Enterprise
- Contract Type
- Annual
About Payscale
Payscale provides intelligent software solutions, compensation data, and services that empower organizations to make fair, competitive, and strategic pay decisions. It helps businesses of all sizes manage compensation with fresh market data and AI-powered workflows.