TrustRadius: an HG Insights company

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    LaborIQ by ThinkWhy

    N/AN/ALaborIQ is a compensation benchmarking software designed for HR and recruiting professionals. The application helps companies hire faster, set salary bands, set talent pay strategies, and retain employees with reliable salary data.N/A

    Pave

    Score7.1 out of 10
    N/APave is a suite of real-time compensation tools to help companies plan and communicate compensation, from the company operating under the same name headquartered in San Francisco.N/A
    Pricing
    LaborIQ by ThinkWhyPave
    Editions & Modules
    No answers on this topic
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    Offerings
    Pricing Offerings
    LaborIQ by ThinkWhyPave
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details
    More Pricing Information
    Best Alternatives
    LaborIQ by ThinkWhyPave
    Small Businesses
    No answers on this topic
    No answers on this topic
    Medium-sized Companies
    PayScale Insight Lab
    Score10 out of 10
    PayScale Insight Lab
    Score10 out of 10
    Enterprises
    No answers on this topic
    No answers on this topic
    All AlternativesView all alternativesView all alternatives
    User Ratings
    LaborIQ by ThinkWhyPave
    Likelihood to Recommend
    -
    (0 ratings)
    8.0
    (1 ratings)
    User Testimonials
    LaborIQ by ThinkWhyPave
    Likelihood to Recommend
    LaborIQ
    No answers on this topic
    Pave (Trove Information Technologies, Inc)
    Pave seems to work really well in the technology/software industry. Not sure about others, but seems limited, depending on what roles/jobs you are looking at. Data can be pretty limited, especially when you get more granular and look at levels versus prefixes (junior, senior, etc.). Highly recommended as one of at least a few data sources for compensation, depending on industry
    Incentivized
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    Pros
    LaborIQ
    No answers on this topic
    Pave (Trove Information Technologies, Inc)
    • Easy to use
    • Free version (if you sync your HR system) still valuable
    • Company-sourced versus employee
    • Well defined levels and scope for roles
    • Always adding more countries and data
    Incentivized
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    Cons
    LaborIQ
    No answers on this topic
    Pave (Trove Information Technologies, Inc)
    • Need more data, especially for more niche roles
    • Need more roles represented
    • Need more industries covered
    Incentivized
    Read full review
    Alternatives Considered
    LaborIQ
    No answers on this topic
    Pave (Trove Information Technologies, Inc)
    We have used or currently still use the others I listed. Others not found in TrustRadius include Ravio, Salary.com, and Figures.hr.
    It is best practice in HR to use more than one source for compensation data and aggregate them together, which is what I do with Pave alongside other systems. I do consider Pave to be a better option compared to others, but I think the more compensation data you can get your hands on, the better.
    Incentivized
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    Return on Investment
    LaborIQ
    No answers on this topic
    Pave (Trove Information Technologies, Inc)
    • Reduced time to find reliable compensation data
    • Improved accuracy versus using other sources that are more crowdsourced
    • More informed decisions around compensation and how we decide on what base salaries to offer
    Incentivized
    Read full review
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