PayAnalytics is a software solution that enables human resources managers to conduct their own salary review and analysis, measure demographic discrepancies in pay, and offers recommendations on how to close pay gaps. Our reporting and visualization tools allow HR managers to understand the impact of hiring, promotion, and salary adjustment decisions on pay gaps, and to understand trends in their pay structure.
Run analyses on your compensation data, identify the pay gap and get visual comparison of employees. In addition to measuring the pay gap, PayAnalytics helps quantify the determinants of pay, describing the current pay practices of the company. PayAnalytics complements your current payroll and HR systems.
Our solution provides recommendations to give raises to employees where they will do the most good. PayAnalytics delivers a set of raises that closes the pay gap in the fairest and most efficient manner possible, targeting raises to the employees who are driving the pay gap the most. Our solution helps you build a fairer salary structure.
PayAnalytics gives a cost breakdown on the additional salary cost required to close the gender pay gap. Knowing the cost before having to implement the raises allows HR managers to plan and allocate budget ahead of time.
Calculate an individual salary suggestion based on the salary model and compare with your market rate salary tables.
PayAnalytics provides a graphical representation of the pay structure of your company, helping you immediately identify trends in compensation, find salary anomalies, and detect the causes of your gender pay gap. PayAnalytics allows drill-down analysis to understand pay distributions among individual job roles, functional groups, or teams of employees.
PayAnalytics is available in English, French, German, Icelandic, and Swedish.
We follow industry best practices to ensure the confidentiality of your data, for example by employing encryption during usage (https) and by mandating disk-level encryption for stored data. Additionally, all data access is audited. If you for some reason decide to stop using PayAnalytics all your data is removed from our systems after the backup retention period expires (30 days).
For customers who want to run PayAnalytics on their own infrastructure we do provide an On-Premises installation package.