Mercer consulting group in New York offers Mercer WIN | ePrism, a compensation management platform which supports resource optimization and compensation planning with deep analytics, easy data navigation with smooth workflow.
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Pave
Score 8.3 out of 10
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Pave is a suite of real-time compensation tools to help companies plan and communicate compensation, from the company operating under the same name headquartered in San Francisco.
This software is ideal for managing large amounts of external, salary survey data - as well as if you want to combine it into reports, presentations with internal compensation data. The reporting capabilities are superior to any other reporting tool I've used from a compensation perspective. I really enjoy using this software.
Pave seems to work really well in the technology/software industry. Not sure about others, but seems limited, depending on what roles/jobs you are looking at. Data can be pretty limited, especially when you get more granular and look at levels versus prefixes (junior, senior, etc.). Highly recommended as one of at least a few data sources for compensation, depending on industry
As a database of information, Mercer WIN | ePrism is an exceptionally easy tool to use, even for beginners.
The functionality is endless, there are so many ways of manipulating and cutting the data stored in the system. It makes it a one-stop shop for all your compensation-related reporting needs.
Being able to create and manage benchmark positions, you always have easy-to-access baseline data. Additionally, the visuals are clean and easy to read, easy to prepare and come together with just a couple clicks.
For new users, the tool can be overwhelming. However, once you are proficient, the tool is intuitive and very easy to use. Perhaps online tutorials or more guidance would be helpful.
We have used or currently still use the others I listed. Others not found in TrustRadius include Ravio, Salary.com, and Figures.hr.
It is best practice in HR to use more than one source for compensation data and aggregate them together, which is what I do with Pave alongside other systems. I do consider Pave to be a better option compared to others, but I think the more compensation data you can get your hands on, the better.
We have been able to create many efficiencies when it comes to compensation reporting by using Mercer WIN | ePrism.
We have been able to ensure greater data integrity in the information we have provided to stakeholders given that Mercer WIN | ePrism has a secure and reliable database.
