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beqom, provider of cloud-based total compensation management software, today announced its Total Compensation Management software has been recognized as a Core Challenger in the 2020 Fosway 9-Grid for Talent & People Success.

This debut acknowledges beqom’s strong core capability, track record of customer success and advocacy, and ability to perform in enterprise organizations.

2020 Fosway 9-Grid Talent & People Success

“beqom is a great addition to the 2020 9-Grid™ for Talent & People Success as a Core Challenger,” said David Wilson, CEO of Fosway Group. “Total compensation is an important and underserved dimension of the talent equation, and it is evolving and becoming more nuanced all the time.”

“With the new world of work unfolding around us at pace, the old foundations of talent management fail to add up,” says David Perring, Director of Research at Fosway. “It’s time for organizations to rethink and move beyond historic views of succession planning, performance management, and annual engagement surveys. Against a tough backdrop of recruitment freezes, training budget cuts, furloughs and redundancies, it’s time to tackle talent differently.”

beqom’s total compensation solution is used across industries, including for global leaders like PepsiCo, DHL, BNP Paribas, and Swisscom. Amid continual change, beqom gives HR and sales leaders the power to embrace the future of rewards, through centralized compensation management software that can be securely implemented and deployed to remote and disparate teams, improving transparency, agility, and performance.

“beqom’s flexible cloud solution has allowed our customers to remain agile and in control of their compensation in a year unlike any other,” says Tanya Jansen, beqom Co-Founder and CMO. “With the Talent & People Success 9-Grid, we’re pleased to see Fosway recognize that compensation is a critical component that has been overlooked by core talent suites and an area that will be a game changer for companies as we move through and beyond this crisis period.”

The Fosway Group 9-Grid™ report for Talent & People Success is a multi-dimensional model used by organizations to understand the relative position of solutions and providers in the talent management systems market. Fosway Group is Europe’s #1 HR Industry Analyst.