Revamp your Compensation Process with Data-Driven Salary Reviews to comply with fair pay regulations
Implement objective profiling and comparatio methods to eliminate biases and ensure fair compensation for all individuals within the organization, promoting equality and fairness in the workplace.
Trusted by top industry leaders for transformative success
The Pain of Annual Salary
Increases
The presence of inefficiencies, biases, and compliance challenges can significantly undermine the effectiveness of your compensation strategy, leading to potential issues in employee satisfaction and retention.
Time-Consuming and Inefficient
Annual salary reviews take countless hours, draining valuable resources.
Full of Biases and Subjectivity
Internal negotiations often rely on gut feelings rather than objective data.
Regulatory Compliance Challenges
New rules now need proof that people are paid equally for the same work, which makes things more complicated. Also, we have to meet ESG standards.
Streamline Salary Increases with Q7Reward
By combining employee profiling with market-based comparatio, our goal is to ensure fair and objective compensation for all employees in our organization.
Step 1: Market-Based
Pay Ranges
Define the minimum, median, and maximum salary brackets for every role within the organization to ensure fair and competitive compensation for all employees.
Step 2: Objective Employee Profiling
Utilize transparent Q-profile processes to meticulously analyze and develop comprehensive employee personas that effectively capture the diverse skill sets and backgrounds of your workforce.
Step 3: Q7Leader's Algorithm-
Based Salary Allocation
Ensuring Fairness, Transparency, and Budget Adherence
Define the minimum, median, and maximum salary brackets for every role within the organization to ensure fair and competitive compensation for all employees.
Discover Our Reward Solutions
Learn how Q7Leader's algorithm-based salary allocation ensures compliance, fairness, transparency, and budget adherence for your organization's reward and benefits policies.