Great compensation tool, if you are willing to share your data for theirs
Use Cases and Deployment Scope
We use Pave as one of a few sources of compensation market data to ensure we are remaining competitive when it comes to the base salaries that we offer. It meets many needs, including being affordable, reliable, and fairly accurate.
Pros
- 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
Cons
- Need more data, especially for more niche roles
- Need more roles represented
- Need more industries covered
Return on Investment
- 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
Alternatives Considered
PayScale Payfactors, Glassdoor.com and OpenComp