PeopleTicker

PeopleTicker by Magnit is a compensation benchmarking data platform that aims to assist businesses in making informed hiring and retention decisions. According to the vendor, PeopleTicker provides access to a real-time compensation benchmarking data set, allowing small, medium, and large enterprises to develop competitive compensation plans and strategically manage their workforce. This solution is targeted at professionals in Human Resources, Procurement, Staffing, Talent Acquisition, and Workforce Management, providing them with tools to optimize their talent strategy and stay competitive in the market.

Key Features

Real-Time Pay Rates: According to the vendor, PeopleTicker offers access to a real-time compensation benchmarking data set, enabling businesses to build competitive compensation plans and make strategic workforce decisions. This feature aims to help organizations secure top talent globally by offering competitive pay.

Reduce Sourcing Costs: PeopleTicker allows businesses to develop talent sourcing strategies optimized for cost by providing visibility into real-time pay and bill rates. The vendor claims that understanding pay rate differences across locations can help organizations make informed decisions and reduce sourcing costs.

Optimize Your Talent Strategy: With PeopleTicker, businesses can gain a global perspective of sourcing costs and conduct localized analyses to compare location-based compensation. The vendor states that this feature helps organizations make informed decisions to attract and retain top talent, optimizing their talent strategy for success.

Stay Competitive: PeopleTicker provides access to accurate, timely, comprehensive, unbiased, and actionable market rates, according to the vendor. This feature aims to ensure businesses attract top talent by offering competitive pay. Leveraging real-time rates provided by PeopleTicker can help organizations stay competitive in sourcing and hiring.

Access Real-Time Rates: According to the vendor, PeopleTicker allows businesses to source top talent by leveraging the most current and accurate market rates. Additionally, organizations can access salary data to enhance their own tools with API integration, providing comprehensive talent intelligence data.

Compare location-based pay globally: PeopleTicker enables businesses to optimize their sourcing strategies by comparing pay rate differences across locations, according to the vendor. Understanding pay rate variations in different regions can help organizations maximize budgets and make informed decisions based on localized compensation data.

Take a skills-based hiring approach: According to the vendor, PeopleTicker helps businesses elevate their sourcing strategy with a skills-based search, increasing the number and quality of applicants. Accurately assessing talent based on their skills and market rates can improve pay accuracy and increase retention.

Scale globally with regional statutory data: PeopleTicker allows businesses to expand their global talent strategy into new markets by accessing localized cost analyses and supplier markup calculators, according to the vendor. Comprehensive fixed and variable cost data can help organizations make informed decisions and scale their business globally.

Utilize real-time global market rate data: According to the vendor, PeopleTicker enables businesses to maximize cost-savings by benchmarking diversity, equity, and inclusion (DE&I) goals. This feature aims to help organizations make data-driven decisions for HR strategies and ensure competitive compensation packages through the utilization of real-time global market rate data.

Access global insights including hiring intelligence data: PeopleTicker provides businesses with global insights for identifying and sourcing top talent at scale, according to the vendor. Leveraging valuable hiring intelligence data, organizations can optimize their recruiting strategies and make informed decisions to attract the best candidates.