Equality in the workplace can not only help attract talent to your company, but will help retain and motivate employees across the board. Leverage beqom’s recommendation engine using predictive analytics, artificial intelligence, and rewards modeling capabilities to build a performance-based culture that applies rewards equitably across your entire workforce.
Measure total compensation across attributes like gender, age, and race, along with factors like job grade, performance, tenure, and location, to see where pay inequities exist. Then produce actionable intelligence on how to remedy the issues.
Calculate median benchmark amounts by peer group and identify outliers and their attributes through a rules-based scoring mechanism.
Use the results of the employee peer group deviations to determine how compensation budgets should best be distributed to address flagged individuals.
Use predictive models to identify when pay gaps are caused by gender or any other bias or factor, and identify at risk individuals.
Predict and prevent future pay gaps and their potential impact, aided by Artificial Intelligence, using beqom's Machine Learning based predictive layer.
of workers in the U.S. and U.K. do not know or do not believe their employers or managers take closing the gender pay gap seriously.
of U.S. workers believe that men get paid more than women at their company despite equal skill, performance, and experience.
of workers in the U.S. and U.K.would be more willing to work at a company that discloses its gender pay gap figures yearly.
in the U.S. and U.K. think there should be a national law mandating companies to disclose gender pay gap figures.
Find gaps in base and bonus salary for positions of equal skill and tenure.
Uncover specific teams or managers that may be rewarding employees unfairly so you can take corrective action.
Create a culture that offers equal opportunity for pay increases and career progression.
Determine if workplace benefits are offered equally to all employees, regardless of age, gender, or race.
Ensure that parental leave and caregiver duties do not penalize working parents.
Address wage gaps and compensation strategy among your highest earners.