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.
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Welcome
Score 8.5 out of 10
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Welcome is an intelligent compensation hub used to communicate offers to candidates and total
rewards to employees — while making data-driven compensation decisions. It aims to help users increase acceptance rates
by clearly communicating
each offer and its total
compensation with Digital Offers, and boost employee retention by helping
employees understand the value
of their equity, benefits, salary,
and bonuses with Total Rewards. With Compensation Data, users' HR and People…
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
If you don't have a workflow management tool in place and are relying on email or shared documents, then I would recommend using Welcome to keep tasks moving and employees accountable. It's very flexible, so you can really drill down on what you're asking from users and it consolidates the tasks that you need to work on in one place. We don't use it for legal documents due to more specific requirements that those require, but, for most other collaborative work, it is used.
For some tasks that don't require an article, we are forced to create one or the task doesn't function.
When changes are tracked in Word docs they are not apparent until the file is downloaded meaning that if people are only previewing content, they will miss these changes/comments.
Having 2 separate places to comment can be confusing and hiding resolved comments can mean less transparency in the process.
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.
Employees can be resistant to using Welcome at first as they think it will add to their workload, but they, eventually, see the benefits of saving time and gaining efficiency.
If one person is responsible for entering all tasks, it can be a fair bit of admin time for that person.
We have a better working relationship with external agencies that also use Welcome to collaborate with us.
