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Optimize compensation strategy with data-driven precision

beqom's platform is purpose-built to embrace compensation and performance complexities for global organizations, in a secure, performant, and compliant way.

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Get the power and scalability you need for enterprise compensation

The beqom platform provides you with advanced data management and automation, applies personalization and segmentation, and can manage all pay recommendations from basic to sophisticated, supported by an ML-enabled rules engine.

The platform's Generative AI capabilities provide greater efficiency to performance management processes through smart goal-setting and guided feedback.

All this with enterprise scalability, security, and compliance.

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Data Integration

Managing compensation and performance data can be complex and time-consuming. beqom manages and automates all of your data, so nothing needs to be done offline.

Our advanced data staging capabilities and automated logic simplify the task of extracting, transforming, and loading (ETL) data, ensuring that you have accurate and up-to-date information at your fingertips no matter what the data source is.

  • Unlimited types of data
  • Automated data feeds
  • Flexible data model

Use beqom standard APIs to connect beqom directly into leading HCM suites, saving the suite approach, while optimizing compensation strategy. Secure, integrated, and fully configurable, beqom provides the data quality, compliance, and transparency that you don't get with your core HR platform, where you need spreadsheet workarounds to cover all complexity and exceptions.

Rule-Based Automated Recommendations

Use beqom’s business-user-driven rules engine to configure any calculation rules combining business objects and operators and receive valuable insights on key aspects of compensation:

  • Salary benchmarking — Salary data for similar roles in the market and suggest appropriate salary ranges
  • Performance-based compensation — High-performing employees eligible for bonuses, merit increases, or promotions
  • Equity awards — Employee's tenure, performance, and potential future contributions to the organization
  • Compliance — Compliance with various regulations, such as the Fair Labor Standards Act (FLSA), Equal Pay Act, etc.
  • Sales commissions – Process high volumes of performance data and sales transactions to generate earnings and payments in no time
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Segmentation and Personalization

Easily create effective compensation strategies that are tailored to your employees' needs

  • Segment based on job function, seniority, location, and performance
  • Personalize compensation packages based on unique needs and preferences (ie., tenure, skillset, and career aspirations)
  • Use data analytics and AI to identify patterns and trends in employee and manager behavior
  • Reward high-performing employees with better-aligned compensation packages

beqom Generative AI

Incorporating beqom's Generative AI into your performance management processes supports a more personalized and efficient goal-setting process and improves the quality and ease of giving feedback, contributing to more effective employee development. In addition, it can aggregate and summarize individual employee feedback to support managers in preparing data-backed performance reviews.

beqom Performance Pro leverages the power of generative AI to support key performance tasks, making them smarter, easier, and more efficient. 

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beqom Comp Prediction Modeling

beqom Machine Learning 

With beqom's Machine Learning capabilities, you can unlock the full potential of your compensation management processes and make smarter decisions, reduce costs, and drive performance across your organization.

beqom’s embedded ML capabilities help you run any prediction scenario and generate compensation recommendations for merit increases, promotions, or recruitment, or identify unexplained pay gaps.

Put the power of ML in your own hands

  • Bring your own model (BYOM) - design and use your own proprietary models 
  • Use several different models based on your data context
  • Directly use the output of ML in your compensation processes for better decision support

Or use beqom’s model & methodology with Pay Predictor

  • Based on ML capabilities, beqom Pay Predictor helps you run any compensation prediction scenario based on historical data and industry benchmarks
  • Make more informed and accurate pay decisions for merit increase, promotion, transfer, or new hires
  • Ensure unintended bias and guesswork are removed from the process by relying on objective and quantifiable metrics.
  • Optimize your compensation strategies and budgets to attract, retain, and motivate top talent and stay ahead of the competition

Pay equity

  • Apply advanced analytics and machine learning to uncover and prevent unexplained pay gaps
  • Ensure fair pay, reduce unwanted attrition, and support regulatory and compliance mandates
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Segmentation and Personalization

From segmentation to personalization, we help you take the guesswork out of compensation management, so you can focus on what matters most - keeping your employees happy and motivated

Easily create effective compensation strategies that are tailored to your employees' needs

  • Segment your employees based on job function, seniority, location, and performance
  • Personalize compensation packages for each individual employee based on their unique needs and preferences (ie., tenure, skillset, and career aspirations)
  • Use data analytics and AI to identify patterns and trends in employee and manager behavior
  • Reward high-performing employees with better-aligned compensation packages
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Automated Recommendations

Automated recommendations help streamline the compensation process, reduce bias, and ensure that employees are fairly and equitably compensated

Receive valuable insights on key aspects of compensation

  • Salary benchmarking — Analyze salary data for similar roles in the market and suggest appropriate salary ranges
  • Performance-based compensation — Help identify high-performing employees who are eligible for bonuses, merit increases, or promotions based on their performance metrics
  • Equity awards — Analyze an employee's tenure, performance, and potential future contributions to the organization and suggest appropriate equity awards
  • Compliance — Help ensure that compensation decisions are in compliance with various regulations, such as the Fair Labor Standards Act (FLSA), Equal Pay Act, etc.

Compliant and Transparent

Our ethical & trustworthy design-led approach to Artificial Intelligence has led us to prioritize a “power to you” approach where we empower our clients to design and create their own models while benefiting from our secure cloud infrastructure and by protecting their trained models by segregating data storage. beqom’s AI data privacy approach includes:

  • Give access to the platform for independent auditors to check for bias
  • Notify employees & candidates that an automated system is being used to comply with regulation 

 

 

beqom compliance certifications SOC AICPA ISO ISAE

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Explore the beqom Platform in more detail

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Total Compensation Management (TCM)
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Continuous Performance Management (CPM)
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Sales Performance Management (SPM)