Percival

0 reviews

Percival is a specialized tool designed to facilitate fair and transparent compensation assessments within agile teams. By enabling team members to collaboratively evaluate each other's contributions, Percival generates actionable insights that help distribute compensation equitably. This process not only ensures fairness but also enhances team cohesion and motivation. Key Features and Functionality: - Collaborative Appraisals: Team members participate in appraisal rounds, providing input on each other's contributions through an intuitive drag-and-drop interface. - Sophisticated Algorithm: Percival employs a sophisticated algorithm to balance all appraisals, dividing the team's budget into precise, actionable slices. - Clear Results: The platform delivers clear, numerical results that indicate the percentage of the compensation budget each team member should receive, based on collective evaluations. - User-Friendly Interface: Designed for ease of use, Percival requires only 15 minutes per team member to complete an appraisal, minimizing disruption to daily workflows. Primary Value and Problem Solved: Percival addresses the challenge of determining fair compensation in dynamic, collaborative, and multidisciplinary teams. Traditional compensation methods often lack transparency and can lead to perceptions of bias or unfairness. By involving the entire team in the appraisal process, Percival ensures that compensation decisions are not only fair but also perceived as fair, fostering a sense of equity and trust within the team. This approach enhances motivation, aids in the retention of top talent, and supports a positive team culture.