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We use PayScale MarketPay to price our jobs and determine how we should be paying our employees. We currently use PS MP across the …
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PayScale MarketPay is a compensation survey data aggregator that supports merit and structure modeling, report writer, and pricing wizard.
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We use PayScale MarketPay to price our jobs and determine how we should be paying our employees. We currently use PS MP across the entirety of the organization to ensure that we maintain internal equity and keep pace with the market. As a smaller company, we often have to worry about how we can compete with larger players in the market. By obtaining data about the market rate for each role, we are able to develop a compensation package that will attract and retain high quality employees while allowing us to steadily increase total compensation over time with confidence that we are competitive.