PayParity is a compensation management software designed to help businesses ensure fairness and equity in employee compensation practices. The platform allows HR teams and managers to create and manage compensation structures, including salary bands, bonuses, and benefits, while considering factors like job roles, experience, and market trends. PayParity’s data-driven approach helps companies make informed decisions by analyzing internal pay equity, benchmarking compensation against industry standards, and identifying potential pay disparities. With real-time reporting, PayParity allows businesses to track and review compensation data, ensuring transparency and fairness in salary decisions. The software also integrates with other HR platforms, including payroll systems and performance management tools, creating a seamless experience for managing employee compensation. By offering actionable insights into compensation trends, PayParity helps organizations maintain compliance with equal pay regulations and fosters a culture of trust and fairness. It also supports compensation forecasting, helping businesses plan and allocate budgets effectively.
Trusaic
United States
Proprietary
Compensation Statements
