Compensation is incredibly complex – it's your company’s largest expense, too. When you don’t get it right, you risk losing your best employees and failing to attract the talent you need to grow. But building fair, equitable, and scalable compensation processes that consider all the important data points isn’t easy. Just ask any HR team or compensation leader.
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This is why we’re excited to partner with Culture Amp. Through this new partnership, you can integrate Culture Amp with Pave in order to make compensation adjustments based on performance—resulting in smarter, more equitable decisions that make the most of your budget and help you retain top talent.Â
Simply put, we trust the experts in performance management.Â
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As the global platform leader for employee experience, Culture Amp empowers companies of all sizes and industries to develop high performing teams and retain talent via cutting-edge research, powerful technology, and the largest employee dataset in the world.Â
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We know that a key piece in retaining talent is ensuring that they’re compensated fairly and competitively. Together, Culture Amp and Pave will be able to support our customers in taking the proven and data-backed approach to both compensation and the wider employee experience.
We are thrilled to partner with Culture Amp, embarking on a journey that places customer success at the forefront of our collaboration. This partnership signifies our dedication to delivering best-in-class solutions and underscores the importance of integrating top-tier performance management with compensation systems. - Nick Salzman, Head of Partnerships, Pave
Plus, through this partnership, both Pave and Culture Amp customers will receive a discount. Existing Pave customers can purchase Culture Amp Perform to enhance their performance management experience, and how they tie it to their compensation strategy.Â
When you integrate Pave with Perform by Culture Amp (or vice-versa), you’ll be able to drive the larger employee experience forward by creating a fair and trusted performance-linked compensation strategy.
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Below are just a few benefits of tapping into our new partnership.
Labor costs are typically the largest expense for any company. While they are essential to running a business, leaders need to allocate compensation wisely, striking the right balance between paying employees fairly, motivating them with incentives, and overspending on salaries.Â
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With Culture Amp and Pave’s integration, companies can easily analyze compensation benchmarks, performance scores, and company budgets all in one place – ensuring leaders across the business make the most efficient compensation decisions.
Employees expect their hard work, dedication, and exceptional performance to be recognized and rewarded by the company. So when a high-performing employee gets great feedback during their performance review but doesn’t receive the compensation increase they were expecting, they assume that it’s the performance system itself that is unfair.Â
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Moreover, compensation is typically a black box for most employees. Understanding compensation packages holistically – including salary, bonuses, equity, and benefits – can be a confusing, clunky experience.Â
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The Culture Amp + Pave partnership demystifies all of this. Pave integrates seamlessly with Culture Amp Perform, so that you can include your employee’s Culture Amp performance ratings in your merit cycles in just a few clicks.Â
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By leveraging this integration, your employees can be confident in not only their compensation package – but how their individual performance is linked to it.Â
It’s time to upgrade from spreadsheet planning. With Pave, setting up and running compensation reviews is so much easier. Pave streamlines your workflows for data imports, budget tracking, recommendation logic, analytics, and engaging employee communications – saving you countless hours, reducing errors, and eliminating the stress of managing a compensation cycle.
Save countless hours, minimize spend, and make better compensation decisions by leveraging the Culture Amp + Pave partnership.Â
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By using Pave to seamlessly manage your compensation strategy and backing up your decisions with a fair performance process through the Culture Amp platform, you can better engage, retain, and attract top talent.
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Enhance the way you approach compensation. Learn more about the partnership or join an upcoming webinar with Culture Amp and Pave to get advice on navigating compensation and performance conversations.
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