Cost Effective from the Start
Time is money, and when a company takes too long to get compensation sorted out; resources are wasted. PayScale was able to take guesswork out of calculating employee pay. By using fresh and accurate data; PayScale creates compensation plans and benchmarks that are up to speed with today’s competitive labor market. Real-time data has allowed leaders at Sungevity to have increased confidence when making job offers, and they have reported receiving much higher acceptance rates. In addition to this, managers are also more comfortable discussing salaries with their employees during performance reviews and department reforms.
Provided Clarity in Making Critical Decisions
When deciding where to grow next, the leadership team looked at over 100 cities in the U.S. using multiple criteria. Ultimately, it was PayScale's data that helped narrow down their list to the last six locations and choose the optimal destination. Having market data that was current as oppose to aged was the factor that enabled the team members to make the best decision possible.
PayScale was also able to assist Sungevity last year when their comp management software wasn't working well. They ended up switching to PayScale pay-for-performance structure, and received phenomenal support from team members. When it came time for their reviews, they handed a report to every manager based on the merit budget and the performance ratings for each employee. This took only a few days instead of the weeks that would have lost trying to fix their other software.
Overall, Susan Hollingshead has enjoyed participating in the growth of both PayScale and Sungevity. The two companies have been able to grow together in their partnership since Sungevity first started using PayScale as an affordable tool for a small company. Susan and her team appreciate how PayScale has never failed to meet their company’s needs and help their team to perform successfully.