Parity Software Description
Parity Software has simplified the complex pay equity process into an automated system, allowing you to confidently ensure that your employees receive fair compensation. Organizations that cultivate equitable environments are more likely to retain workers who feel appreciated, respected, inspired, and motivated to achieve their utmost potential. By automatically categorizing similar roles and conducting a pay analysis, Parity Software enables you to swiftly and objectively maintain internal pay equity throughout your organization, even as your team expands and changes. We assist in securing compliance and minimizing risks associated with pay disparities. Furthermore, when employees perceive fairness in their compensation, they are less inclined to seek opportunities elsewhere. By working together, we can create a transparent culture that builds trust and reinforces the importance of equitable pay within your organization. This commitment not only enhances employee satisfaction but also strengthens overall company morale.
Parity Software Alternatives
CompUp
CompUp is an all-in-one compensation management platform designed to help rewards teams benchmark, plan, and communicate compensation to support fair pay. By bringing all compensation data and benchmarks together, it provides valuable insights for running appraisal simulations and managing executive appraisals with ease.
Core Product Modules:
Survey Management: Centralizes the handling of all compensation surveys.
Bands: Build and securely share pay bands across functions, job families, and levels.
Simulation: Conduct budget simulations to recommend employee-specific increments.
Appraisal Cycles: Streamlined multi-level budget approvals for business units.
People Analytics: Customizable dashboards offer deep insights for data-driven decisions.
Total Rewards Portal: Show employees the total value of their compensation.
Pay Equity Management: Identify and correct pay disparities to ensure compliance.
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Encompassing Visions
Encompassing Visions, industry-leading job evaluation and pay equity software, is the best choice for organizations that require transparent, comprehensive and objective Job Evaluation software to ensure equal pay for equal work.
ENCV has a distinct advantage over other job evaluation methods in that it can efficiently collect Job Data for every job within an organization. ENCV uses a multiple-choice questionnaire to measure 29 job characteristics and behavioral competencies that reflect organizational culture and competitive advantage. The software is easy to use and can be completed in less than an hour. It can also generate a Job Description that highlights job-specific skills, behavioral competencies, and evaluation reasoning. Finally, it can produce job evaluation results that are both compliant with Pay Equity and reflect each role's unique contribution to organizational success.
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Sentinel Pay Analytics
We provide organizations with essential tools and analytics designed to create fairness in employee compensation. Gaining insights into your pay equity health is crucial for uncovering any biases or patterns that may exist within your organization, enabling you to address and rectify compensation disparities while ensuring compliance. Our innovative pay equity regression tool serves as a customizable software solution that thoroughly examines an organization's compensation data for trends, anomalies, or potential biases. This tool not only offers in-depth analysis but also visual representations of payroll information, helping to safeguard against discrimination and pay inequities. With the appropriate tools and a robust support system, both your employees and organization can thrive. By requesting a demo of our pay equity regression tool today, you can discover how we empower organizations to take charge of their pay equity initiatives. Additionally, our client dashboard features an intuitive interface, streamlining the processes of creating templates, seeking assistance, generating reports, and analyzing data effectively. This user-friendly approach ensures that managing compensation equity is simpler and more efficient than ever before.
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Sysarb
Create a fair and just workplace to retain exceptional talent, minimize legal liabilities, and boost employee involvement with Sysarb’s innovative pay transparency platform. Our team of specialists is ready to assist you in becoming compliant and prepared for the evolving landscape of pay transparency. Instead of waiting for changes to unfold, take a proactive approach to gain an advantage over your rivals in this area. Discover our cutting-edge AI-driven pay equity module, which allows you to examine salary discrepancies, enhance compensation fairness, and foster workforce equality through intelligent, data-informed insights. Strengthen your team with our job architecture framework, which includes comprehensive job catalogs, defined career paths, and established pay grades, all contributing to a transparent compensation system. Utilize our benchmark analytics tool to achieve a clearer understanding of your compensation frameworks and refine your compensation strategies accordingly. With the support of our pay equity specialists, embark on your journey towards fair compensation and harness the potential of cultivating an equitable workplace that not only attracts talent but also inspires loyalty among your employees.
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Pricing
Pricing Starts At:
$150 per month
Free Trial:
Yes
Integrations
No Integrations at this time
Company Details
Company:
Parity Software
Headquarters:
United States
Website:
www.paritysoftware.com
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Product Details
Platforms
Web-Based
Types of Training
Live Training (Online)
Training Videos
Customer Support
Business Hours
Online Support
Parity Software Features and Options
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