Pave

Users of Pave have found that the software helps them solve various business problems related to compensation management. By using Pave, users have been able to scale their compensation processes and eliminate the need for spreadsheets, making it easier to involve relevant stakeholders. This has facilitated onboarding and increased the number of people involved in compensation planning, which would have been impossible with traditional spreadsheets.

Pave has also provided users with visibility into the market and helped them effectively communicate total rewards to new hires. Through features like visual offer letters, users have been able to benchmark new hires and existing staff, create paybands for pay equity, and enhance communication of total rewards to candidates and employees. The software has proven especially valuable when hiring for new roles in growing companies, enabling users to provide competitive, at-market compensation.

One of the key benefits that users appreciate is the time-saving aspect of Pave. The software automates tasks such as hosting merit cycles, establishing pay ranges, and generating compensation statements. It serves as a centralized place for compensation review cycles, rewards visualization, and enhanced compensation education. Users have also found value in the integration capabilities of Pave, as it easily syncs with HR systems like Pulley and Justworks, eliminating the need for manual data input.

Employees have also benefited from using Pave. They are able to view their entire compensation and benefits package, including equity, variable performance rewards, and options. This has given employees a better understanding of their financial situation without needing to study it themselves. Overall, the user experiences with Pave demonstrate that it solves a range of business problems related to compensation management and offers numerous advantages in terms of efficiency, effectiveness, and employee engagement.