Compa is a compensation intelligence platform that revolutionizes how organizations manage and analyze compensation data. By integrating directly with a company's Human Capital Management , Applicant Tracking System , and stock administration systems, Compa provides real-time, skills-based market pay data. This enables businesses to make informed compensation decisions, ensuring they remain competitive in a rapidly evolving job market.
Key Features and Functionality:
- Data Integration & Syncing: Compa connects once to internal systems and automatically refreshes compensation data bi-weekly, eliminating manual spreadsheet sharing and ensuring up-to-date information.
- Skills-Based Market Data: The platform allows for the creation of custom job profiles for hard-to-classify roles and filters compensation data by specific skill sets, enabling precise pay comparisons and identification of skill-based pay premiums.
- Real-Time Automated Benchmarking: Compa provides continuous benchmarking of offers, employee cash compensation, and equity grants, automatically matching and leveling compensation data to reflect current market changes rapidly.
- Data Privacy and Security: Built to the highest standards of data privacy, Compa ensures secure customer data networks and protects sensitive compensation information.
- Equity Compensation Insights: The platform offers grant-level market data on unvested equity, improving transparency on stock compensation and supporting competitive equity offerings.
- Market Trend Alignment: Compa delivers real-time market trend data to HR, Talent Acquisition, and business leaders, facilitating strategic compensation planning and enhancing cross-department collaboration.
Primary Value and Problem Solved:
Traditional compensation surveys often rely on outdated, self-reported data, making it challenging for companies to offer competitive compensation packages. Compa addresses this issue by providing real-time, verified compensation data sourced directly from systems of record. This approach enables organizations to swiftly adapt to market trends, make data-driven compensation decisions, and maintain a competitive edge in attracting and retaining top talent.
