beqom Platform

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 models
Use several different models based on your data context
Directly use the output of ML in your compensation processes for better decision support

Make informed and data-driven decisions

Accurately forecast and model compensation scenarios based on historical data and industry benchmarks
Gain insights into how different compensation decisions will impact your workforce and your bottom line
Eliminate guesswork and bias by relying on objective and quantifiable metrics
Optimize your compensation strategies and budgets to attract, retain, and motivate top talent
Stay ahead of the competition by leveraging advanced analytics and machine learning techniques

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.

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

Automated Recommendations

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.

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.