Employees 80
Industry
Product Insight
Region United States
Why Payscale?
In 2017, Meadows and his team began developing a new compensation framework. First, the team eliminated the use of arbitrary cost-of-living increases. Instead, employees would be expected to earn increases in one of three ways: by taking additional training, adopting more responsibility, or getting promoted. “We wanted employees to feel that compensation is earned, not granted,” said Meadows. “We didn’t want them simply waiting for an increase.”
Simultaneously, the team implemented PayScale’s Insight Essential, the cloud-based compensation tool designed to enable data-driven, transparent compensation management. “We selected PayScale over other vendors for several reasons,” said Meadows. “It’s easy to use and there’s a lot of information on where the data comes from. PayScale also offers a fantastic level of support. We feel like we have a partner in compensation, with a level of service that we haven’t found with other technology providers.”
Employees 80
Industry
Product Insight
Pain Points
- Lack of Perceived Fairness and Transparency
- Recruitment and Retention
- Employees in Multiple Locations
The Results
- With PayScale, Ubiquity can base compensation decisions on data, thereby eliminating favoritism, nepotism, and bias. “We want to be a company that is known for being a fair pay provider, not a company that’s going to make the news because we aren’t,” said Meadows. “PayScale helps ensure we’re paying fairly, regardless of gender, ethnicity, or other factors.”
- With PayScale, Ubiquity’s employees now know exactly what they need to do to drive pay raises. “The way PayScale has helped us the most is with our career pathing,” said Meadows. “We can show people where they are now and what they need to do to increase their compensation over time. As a result, there’s a shared vision of success, and managers and employees can be more collaborative in achieving performance goals.”
- Ubiquity prioritizes transparency with customers around fees; with PayScale, the company can offer employees the same transparency around compensation. “Everyone says ‘Don’t talk about pay’, but that’s not realistic,” said Meadows. “In the right situation, in the right way, talking about compensation can be a powerful tool for development. With PayScale, we now have a transparent compensation philosophy, one where everyone is equipped with the same information.”
- With PayScale, Meadows and his team can streamline budgeting for increases, new roles, and employee succession. “It’s easier to budget because we can predict how much we are going to pay,” said Meadows. “PayScale has allowed us to be more stable financially and more competent culturally.”
- PayScale’s location-based compensation data helps Ubiquity both attract and retain remote workers. “Seventy percent of our employees work remotely,” said Meadows. “With PayScale, it’s so much easier now to say, ‘Here’s how much we pay in this geographical area.’”
Pain Points
- Lack of Perceived Fairness and Transparency
- Recruitment and Retention
Start your own transformation
Learn how Payscale can help bring modern pay practices, salary data, and compensation management technology to your organization.
“With Payfactors, we have replaced our labor-intensive spreadsheet job pricing process with a system that works like a dream. We are able to match to benchmarks within the system, easily get up-to-date pricing and age for future cost planning. We’ve cut our process time down by at least 80%."
"Payfactors is a game changer for your market pricing needs. I can provide fast and accurate market data to management in a very easy-to-produce, elegant report."
“Marketpay — concise, consolidated, and clever. Repeatable reporting helps to set an expectation for the internal client and provides a clear understanding of the market comparable to internal jobs.”
"[Payfactors’] analytical dashboards are game-changers for the way we work. They make us more likely to renew. I would want to keep it just to be able to pull data in real time without spending half a day prepping 18 Excel documents. Being able to go in, have our data ready, and see the fancy graphs is amazing. I would just say, keep doing what you're doing — we really love it."
“With Payfactors, we have replaced our labor-intensive spreadsheet job pricing process with a system that works like a dream. We are able to match to benchmarks within the system, easily get up-to-date pricing and age for future cost planning. We’ve cut our process time down by at least 80%."
"Payfactors is a game changer for your market pricing needs. I can provide fast and accurate market data to management in a very easy-to-produce, elegant report."
“Marketpay — concise, consolidated, and clever. Repeatable reporting helps to set an expectation for the internal client and provides a clear understanding of the market comparable to internal jobs.”
"[Payfactors’] analytical dashboards are game-changers for the way we work. They make us more likely to renew. I would want to keep it just to be able to pull data in real time without spending half a day prepping 18 Excel documents. Being able to go in, have our data ready, and see the fancy graphs is amazing. I would just say, keep doing what you're doing — we really love it."
“We initially looked at other vendors who could help us in this area, and we just didn’t find what we were looking for in terms of the level of partnership and expertise that Payscale could provide. It was important for us to make sure that the information we were receiving was reliable and to have it come from a trusted source. We can now confidently say we are looking at compensation in a way that will ensure that we’re building for the now as well as the future.”
“We've used Payfactors for five years. I’ve loved seeing the evolution of the product, - especially after the merger with Payscale.”
“We initially looked at other vendors who could help us in this area, and we just didn’t find what we were looking for in terms of the level of partnership and expertise that Payscale could provide. It was important for us to make sure that the information we were receiving was reliable and to have it come from a trusted source. We can now confidently say we are looking at compensation in a way that will ensure that we’re building for the now as well as the future.”
“We've used Payfactors for five years. I’ve loved seeing the evolution of the product, - especially after the merger with Payscale.”
"Our biggest challenge as compensation specialists is moving at the speed of business. When it comes to people's pay, you have to get it right. And to stay competitive, particularly today, you have to get it in place right away. Payscale gives us current, real-time market data and a streamlined way to access the information we need for analysis and validation."
"Our biggest challenge as compensation specialists is moving at the speed of business. When it comes to people's pay, you have to get it right. And to stay competitive, particularly today, you have to get it in place right away. Payscale gives us current, real-time market data and a streamlined way to access the information we need for analysis and validation."
“We've used Payfactors for five years. I’ve loved seeing the evolution of the product, - especially after the merger with Payscale.”
"Our biggest challenge as compensation specialists is moving at the speed of business. When it comes to people's pay, you have to get it right. And to stay competitive, particularly today, you have to get it in place right away. Payscale gives us current, real-time market data and a streamlined way to access the information we need for analysis and validation."
"Our biggest challenge as compensation specialists is moving at the speed of business. When it comes to people's pay, you have to get it right. And to stay competitive, particularly today, you have to get it in place right away. Payscale gives us current, real-time market data and a streamlined way to access the information we need for analysis and validation."
“We've used Payfactors for five years. I’ve loved seeing the evolution of the product, - especially after the merger with Payscale.”