Pequity Raises $19M to Bring Equitable Compensation to the Masses
We're on a mission to make compensation more equitable and scalable for companies around the world.
New: Transform Your Compensation Program with People Insights + Comp Health
Are you tired of struggling to keep your finger on the pulse of your employee compensation plans? Are you looking for a comprehensive compensation management solution to gain real-time insights into the performance
What is Compensation Planning? A guide to understanding and implementing effective compensation strategies
Compensation planning is the process of determining how an organization structures and administers its employee compensation to ensure fairness, competitiveness, and alignment with organizational goals. When it
Doug Hall joins Pequity’s leadership team
SAN FRANCISCO, CALIFORNIA — Pequity is excited to announce today that Doug Hall has been named our new Head of Sales! Welcome Doug! Doug brings decades of experience in sales leadership, and a long track record of
AI’s role in compensation planning: A double-edged sword
Compensation planning software and AI Compensation planning software or “compensation tech” has been an exploding category over the past few years. When my co-founder and I first created Pequity in 2019,
How to create geographic pay differentials
A geographic pay differential is the concept that different locations have different pay ranges. This is substantiated by compensation surveys, where companies pull the “cost of labor” from various companies
How to manage and calculate equity grants for promotions, refreshes, and spot bonuses
Equity grants also referred to as equity compensation, are non-cash payments provided to a new hire or current employee. A common question asked by companies is “How do I calculate equity grants?” Today, we will
How to create a job leveling framework that matches your company and salary survey data
Job leveling is tricky, most salary survey providers give a level guide of 6 individual contributors (IC) levels and 6 manager levels. However, this can be too large for small companies, and too restrictive for
How to choose the right salary percentile to target in the market
When you build a compensation program, a question you’ll here is “what do you target your pay at in the market?” This is a loaded question and should be carefully weighed. To help, below are some pieces of advice on
How to accurately benchmark jobs to salary surveys
Benchmarking season is one where compensation professionals everywhere groan in distress. The act of salary benchmarking is simply matching your existing employees and roles to the “key” provided by a salary survey
How to determine the quality of salary survey data
Salary survey data is an essential ingredient to any compensation program, but like any tool, it can cause as much harm as good if the wrong tool is procured, or if used the wrong way. This may seem extreme, but
How to create a competitive and comprehensive compensation program
So you’ve been tasked with creating a compensation program that can attract and retain top talent. Or maybe you’re just curious if your existing program is on track, and you want some guidance. A compensation
The Guide to California Pay Data Reporting
Employers in California that meet a certain size threshold must annually submit reports containing pay data for their employees from the previous calendar year. In this guide, we will cover the California pay
How to Model Pay Increases that are Equitable & in Budget: Merit & Promotion Cycles, Merit Matrices, Compa-Ratios & Refreshing Equity Grants
Introduction Determining appropriate pay increases can be a complex task, involving multiple factors such as employee performance, experience, and industry benchmarks. In this blog post, we will explore several
7 Steps to Creating Market Competitive Pay Bands: A Compensation Consultants In-Depth Guide
1. Select Your Salary Survey Cut Compensation survey businesses collect data from participating companies (usually for a fee) and then aggregate and anonymize the data to sell back to the company. FYI if looking for
Sending Total Rewards Statements After A Merit Cycle: Total Rewards Statement Example
A total rewards statement (or total compensation statement) is a document that outlines an employee’s total compensation package. It provides a comprehensive overview of the employee’s base pay, bonuses,
How to Impress Your CHRO In The First 90 Days
When you’re new to a job, it’s important to make a good impression on your new boss. As an HR professional—especially at a tech company—impressing your Chief Human Resources Officer (CHRO) in the first 90 days
Everything You Need To Know About California’s Pay Transparency Law: SB 1126
There was significant action around pay transparency in 2022 that is now taking effect this January—namely in the state of California. Last fall, California passed Senate Bill 1126, which requires businesses with
More and More, Americans Will See Salary Ranges Listed In Job Openings
“Microsoft is set to become one of the first major US employers to disclose salary ranges for all its job postings in America,” reports the Daily Mail. Earlier this week, Washington-based Microsoft
How Soon Should You Send an Offer Letter? Here’s Why Speed Matters in 2022.
In recruiting, how quickly you send an offer letter makes all the difference. This is especially true right now, during a jobseeker’s market, when your company needs all the advantages it can get in hiring.
5 Insights from Uber’s Director of Compensation for 2022
We recently sat down with Uber’s Head of Compensation, Sam Gilbert. Sam spoke with our CEO, Kaitlyn Knopp, about the state of recruiting and compensation in 2022, and offered some of his best advice. “It’s
Working At Pequity: Catherine in West Texas
Last week, our own Catherine Cody published an article on LinkedIn called “Putting the Remote in Remote Work.” She writes about working from a truly remote place—west Texas—and how she planned ahead to
What Is a “Compensation Cycle” and How Does It Work?
Carrying out regular compensation cycles, regardless of your company size or sector, can help ensure that your compensation is competitive and fair. Planning for a successful compensation cycle is more important
New York City’s Pay Transparency Law: Everything You Need to Know
Pay Transparency is getting a big win in the Big Apple. As of April 2022, employers will be required to include salary ranges in job postings. Starting this spring, it will be illegal for NYC employers to advertise
Female Founded, Coded, and Led: Pequity on International Women’s Day
INTERNATIONAL WOMEN’S DAY International Women’s Day isn’t something we suddenly cared about out of the blue. Last year, our CEO, Kaitlyn Knopp, wrote a heartfelt statement on LinkedIn around her thoughts on
Pay Transparency in 2022: Which States Require Employers to Provide Salary Ranges?
Come April of 2022, employers in New York City will be required to post the salary range for every job opening they have, including promotions and transfers. This is a result from a bill passed by the NYC Council in
Are Your Top Candidates Floating Away to Other Companies? Here’s How to Fix It.
It really stinks when a candidate turns down an offer you worked hard to finalize. But it stinks even more when it happens over and over again. Especially for those top candidates you’re most excited about. If you
We Launched A Fresh Logo. Take a Sneak Peek.
It’s never a small decision to change the look and feel of a business. Even if you’re not selling a product that sits on shelves, you still need customers to recognize you and have an affinity for your brand. You
How to Take a More Strategic Approach to your Compensation Cycle in 2022
By Kaitlyn Knopp, Co-Founder and CEO, Pequity Hiring teams and HR leaders are dealing with more turmoil in the talent market than we’ve ever seen in our careers. But there’s an opportunity to create order from
How to Connect Performance Management With Your Compensation Cycles
By Kaitlyn Knopp, Co-Founder and CEO, Pequity Sometimes there’s a disconnect between employee performance and employee compensation. Traditionally, top performers will earn more and get promoted, and low performers
To Raise or Not to Raise? That is the Question. An Employer’s Dilemma
By Kaitlyn Knopp, Co-Founder & CEO, Pequity In response to the Great Resignation, worker shortages, and general upheaval in the talent market, more employers are raising compensation. According to recent data
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