Pay Transparency
Deliver full compensation transparency with data, visualization, and seamless integration.
Executive Summary
Benify's Pay Transparency solution, part of its broader Benifex platform, helps organizations achieve full compensation transparency across salary, perks, pension, and bonuses. It leverages data, visualization, and seamless integration to enable companies to clearly communicate pay structures, salary ranges, and career opportunities to employees and candidates. This platform is designed to address the growing demand for pay transparency, driven by regulations like the EU Pay Transparency Directive. It supports organizations in establishing clear job architecture with defined salary ranges, reporting pay gaps, and providing salary ranges during the recruitment process. By integrating with existing HR systems via open APIs, Benify helps HR departments organize and present pay transparency data effectively, enhancing employee experience and trust.
Use Cases
- Communicate pay structures and salary ranges to employees
- Provide salary ranges during the recruitment and onboarding process
- Report and analyze pay gaps across the organization
- Establish clear job architecture with defined salary ranges
- Integrate pay transparency data with existing HR and HCM systems
Features
Visibility
- Full Compensation Transparency: Deliver full transparency across salary, perks, pension, and bonuses.
- Data Visualization: Visualize pay structures, salary ranges, and career opportunities.
- Job Architecture & Salary Ranges: Establish clear job architecture with defined salary ranges.
- Recruitment Transparency: Provide salary ranges during the recruitment process.
Intelligence
- Pay Gap Reporting: Report and analyze pay gaps across your organization.
- Data-Driven Insights: Combine data to help communicate structures and opportunities effectively.
Technical Specifications
- Architecture
- API-driven integration with HCM systems and adjacent HR technologies, utilizing public API definitions and standards for data transfer.
- Deployment
- SaaS
- API Available
- Yes
Security & Compliance
Certifications: ISO 27001, ISO 27018, ISO 27701, SOC 2 Type II
Pricing
- Model
- All-in-one package pricing
- Starting Price
- Contact sales
- Target Customer
- Mid-Market,Enterprise
- Free Trial
- No
About Benify AB
Benify AB, now operating as Benifex Nordics following its merger with Benefex, offers a market-leading global benefits and total rewards platform. This HR tech solution helps organizations manage employee benefits, compensation, and total rewards, providing a centralized portal for employees.