Customize your process with the inputs that match your organization's needs. Transition your system to Aeqium with just a few simple configuration steps, and we'll automate the rest.
Comp decisions shouldn't be made in a vacuum. Take notes on employee status, manage approvals, and work through challenging compensation decisions as a team.
Assign reviewers and ensure that comp changes are verified and compliant with your policies. Skip the spreadsheets and make sure that sensitive compensation info is only visible to team members who should have access.
Get an instant summary of your promotions, total headcount expense, and proposed changes at a glance. Ensure that teams stay within budget and comply with your comp philosophy and policies.
A compensation philosophy allows you to be transparent with all of your employees about your approach to total rewards. To help you get started, we’ve put together a sample compensation philosophy below. It’s designed for technology startups that pay employees with a mix of base salary, bonuses, and equity. You can use this compensation philosophy as a template for your own, or just use it as a source of inspiration.
Read StoryA compensation philosophy is one of the key elements of a thorough compensation management plan. A well designed compensation philosophy describes a company's approach to determining and providing pay and benefits to its employees. It also serves as a framework for how the company rewards its employees for the contributions that they make to the organization.
Read StoryTotal compensation or “TC” as it’s colloquially (and somewhat sarcastically) referred to across the tech industry, is a term referring to the sum total of all of the monetary compensation that an employee receives in a given year. In tech company circles, it has become a common term that allows employees at different companies to compare their compensation and determine whether they’re being paid a market rate.
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