As a company matures, so does its approach to compensation. Compensation data that once offered enough detail to support market refreshes or running merit cycles for a smaller organization, can quickly require more nuance as a company grows. As a result, comp leaders need more specificity and clarity in the market data powering their key decisions.
At Pave, we’re on a mission to help companies build confidence in every compensation decision. As part of this, we offer Market Data for free—our real-time compensation dataset from over 7,500 public and private companies across the globe. Today, we’re introducing even more detail and granularity with new features in Market Data, so comp leaders can make more informed, responsible decisions about their team’s compensation.
Introducing More Detailed Market Data
Leaders can now go in-depth to explore the companies that comprise Pave’s dataset. Plus, they can analyze benchmarks across more than 110 detailed job families, the 40th and 60th pay percentiles, and private or public company filters.
- Data Composition Explorer. Curious about who is included in Pave’s dataset? Now, teams can browse through participating companies using our new Data Composition Explorer. Plus, filter for company size and attributes, dig into our data coverage across locations, and discover more about each job family included.
- Detailed job families: More specialized roles need more specific benchmarks. Now, comp teams can access over 110 detailed job families to benchmark against. Rather than benchmarking within a general “Software Engineering” job family, teams can dig into data for the specific type of Software Engineering role they’re researching. For example, more detailed job families include Systems Architecture, Systems Development, and more.
- 40th and 60th pay percentiles: For a given salary or equity benchmark, the 40th and 60th pay percentiles are now available to give a more nuanced breakdown of how pay is distributed.
- Public and private company filters: To better benchmark against relevant companies, teams can now filter down to public and private companies. This is in addition to existing filters for number of employees, valuations, and revenue.
Build Responsible and Defensible Comp Strategies
By providing even more granular data, Pave makes it easier for companies of all sizes and types to make informed decisions with relevant market data—all for free. With reliable, real-time compensation data, companies can feel confident building their compensation strategy with Market Data from Pave.
Pay competitively—and responsibly.
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