Compensation Planning Software
Empower your team to manage compensation cycles seamlessly. Eliminate errors, ensure fair pay, and streamline merit, bonus, and equity planning with customizable software that’s quick to set up, easy to use, and offers real-time updates—without support fees.
Ready to Streamline
Your Compensation Planning?
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What is Compensation Planning Software?
Compensation planning software is a digital tool used by organizations to manage and streamline employee compensation processes. It helps automate salary reviews, bonus allocations, and pay adjustments, ensuring fair and accurate compensation decisions. The software often includes features for budgeting, compliance tracking, and performance-based pay planning, enabling businesses to improve efficiency and reduce manual errors.
How to Choose the Right Compensation Planning Software?
Different features, different tools, different goals. It's tough to zero in on exactly what you need when there are so many HR tech tools out there.
After all, so many teams have picked solutions that felt perfect until they realized:
- They didn't have the flexibility they were promised
- Their teams weren't empowered to make changes as needed
- They were paying more than expected to configure and launch planning cycles
- They'd still need to manage some of their efforts in spreadsheets and communicate mannually via email!
Never purchase compensation cycle management software without submitting a detailed RFP. Download your FREE RFP template so you can make the right decision:
Get a Complete Compensation Planning Solution
Compensation planning involves more than salary reviews. Our complete suite covers compensation bands, real-time data reports, candidate offer management, and full cycle monitoring—providing HR teams with the tools needed to make informed, fair, and complete compensation decisions efficiently across the organization.
Maximize efficiency with software that’s 100% customizable, easy to use, and scalable.
Use Aeqium to make data-backed decisions.
Aeqium is designed to streamline compensation planning processes with an intuitive, user-friendly interface that requires minimal training. Completely customizable to your unique compensation philosophy, our scalable platform can be adapted to the needs of growing organizations, without the need of a consultant or platform expert.
With features that simplify complex workflows and reduce administrative burden, Aeqium helps HR teams save time, improve accuracy, and focus on strategic decision-making.
Integrate your HR data. Automate cycle prep. Save weeks of work.
Simple integration to the tools you need.
Aeqium integrates seamlessly with your HRIS, payroll, equity management tools, and ATS, eliminating the need for manual data entry & error-prone spreadsheets. Setting up and configuring a compensation cycle takes just around 2 hours, saving your team valuable time and reducing the risk of data inconsistencies.
With live integrations, you’ll always have up-to-date information to make informed decisions faster and streamline the entire review process.
Configure Aeqium to match your process, & easily change it when your needs change.
No need to wait to make changes.
Your compensation process is unique and will evolve as your organization grows. With Aeqium, you can easily configure your review cycles to fit your changing needs. Customize logic, fields, budgets, review chains, and more—without needing technical expertise.
Make adjustments anytime, even mid-cycle, to accommodate organizational shifts or last-minute changes. Plus, you’re supported by our 5-star rated, dedicated support team to ensure smooth transitions.
Use cycle monitor to understand cycle progress at a glance.
Complete oversight with 1 click.
Set compensation policies and instantly view summaries of promotions, total headcount expenses, and proposed changes for HR and leadership. Aeqium ensures teams stay on budget and aligned with your compensation philosophy.
Monitor spending, track changes & approval flows, and ensure compliance with organizational policies. Give leadership the insights needed to make informed decisions while maintaining financial control throughout the review cycle.
Create custom compensation reports with ease.
Create the reports you actually need.
Build and analyze custom reports on key metrics like current salaries, merit increases, adjustments, and promotions. Aeqium lets you break down data by location, band, department, and manager for deeper insights. Compare segments side by side to identify trends, monitor equity, and ensure fair compensation decisions.
Create comprehensive summary views in a single dashboard, giving HR and leadership teams clear, actionable information to support strategic planning.
People Teams Love Aeqium
Aeqium absolutely has a positive ROI for dbt Labs. We can easily customize it to match every iteration of our comp program, and it helps us and our managers make more thoughtful comp decisions. It’s made my life easier and is a big “W” for our people team.
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Aeqium was a no-brainer. It costs us less than half of what we were being charged by Pave. It's easier to configure, it's easier for our managers to use, and our leadership team raves about it.
Aeqium has been instrumental in advancing our team's understanding of total compensation and has become the center of gravity for all things comp at WHOOP.
Other platforms want to fit you into a box and say, ‘this is how you should be doing it.’ but with Aeqium, we were in the driver's seat and could tell the tool how we wanted things to look.
Our compensation review ran so smoothly with Aeqium. Our people team, managers, and leadership found it very simple to use. Our CTO says it’s one of the easiest systems he’s ever used, especially for HR tools.
We have far fewer questions about the process and more of a focus on applying the compensation philosophy for their employees, which is a marked difference from previous cycles. Our managers estimate they complete their reviews in half the time and that there are 90% fewer errors in the data.
Aeqium absolutely has a positive ROI for dbt Labs. We can easily customize it to match every iteration of our comp program, and it helps us and our managers make more thoughtful comp decisions. It’s made my life easier and is a big “W” for our people team.
Aeqium was a no-brainer. It costs us less than half of what we were being charged by Pave. It's easier to configure, it's easier for our managers to use, and our leadership team raves about it.
Aeqium has been instrumental in advancing our team's understanding of total compensation and has become the center of gravity for all things comp at WHOOP.
Other platforms want to fit you into a box and say, ‘this is how you should be doing it.’ but with Aeqium, we were in the driver's seat and could tell the tool how we wanted things to look.
Our compensation review ran so smoothly with Aeqium. Our people team, managers, and leadership found it very simple to use. Our CTO says it’s one of the easiest systems he’s ever used, especially for HR tools.
We have far fewer questions about the process and more of a focus on applying the compensation philosophy for their employees, which is a marked difference from previous cycles. Our managers estimate they complete their reviews in half the time and that there are 90% fewer errors in the data.
Aeqium absolutely has a positive ROI for dbt Labs. We can easily customize it to match every iteration of our comp program, and it helps us and our managers make more thoughtful comp decisions. It’s made my life easier and is a big “W” for our people team.
Aeqium was a no-brainer. It costs us less than half of what we were being charged by Pave. It's easier to configure, it's easier for our managers to use, and our leadership team raves about it.
Aeqium has been instrumental in advancing our team's understanding of total compensation and has become the center of gravity for all things comp at WHOOP.
Other platforms want to fit you into a box and say, ‘this is how you should be doing it.’ but with Aeqium, we were in the driver's seat and could tell the tool how we wanted things to look.
Our compensation review ran so smoothly with Aeqium. Our people team, managers, and leadership found it very simple to use. Our CTO says it’s one of the easiest systems he’s ever used, especially for HR tools.
We have far fewer questions about the process and more of a focus on applying the compensation philosophy for their employees, which is a marked difference from previous cycles. Our managers estimate they complete their reviews in half the time and that there are 90% fewer errors in the data.
Aeqium significantly reduced the risk, lost time, and frustration that came from running our compensation planning. It's been a true game-changer for us at Braze.
Aeqium is highly configurable and simple for admins and users. We reviewed other tools where you’d need to pay extra for a contractor to configure them. We wanted to handle the setup ourselves but have help when we needed it, and Aeqium made that easy.
.avif)
I love how configurable Aeqium is. It gives me the power to do anything I need to set up our cycle and match our process, and I love that I can make changes at any time.
Aeqium saves us hours of work for our HR and finance departments, and it gives us the flexibility we need to feel completely in control. We're not forced into a certain way of doing things just because that's how the product was built.
Aeqium has been really flexible in meeting our needs for our compensation cycles. It’s highly customizable, the configurations are easy for us to manage on our own, and customer service has been really, really excellent.
Aeqium has completely changed the way we do comp at Braze. It gives us a data-forward approach where managers feel confident about their recommendations and department heads can truly analyze the decisions being made. We have a very nuanced total rewards program, so Aeqium’s flexibility is key.
Aeqium significantly reduced the risk, lost time, and frustration that came from running our compensation planning. It's been a true game-changer for us at Braze.
Aeqium is highly configurable and simple for admins and users. We reviewed other tools where you’d need to pay extra for a contractor to configure them. We wanted to handle the setup ourselves but have help when we needed it, and Aeqium made that easy.
I love how configurable Aeqium is. It gives me the power to do anything I need to set up our cycle and match our process, and I love that I can make changes at any time.
Aeqium saves us hours of work for our HR and finance departments, and it gives us the flexibility we need to feel completely in control. We're not forced into a certain way of doing things just because that's how the product was built.
Aeqium has been really flexible in meeting our needs for our compensation cycles. It’s highly customizable, the configurations are easy for us to manage on our own, and customer service has been really, really excellent.
Aeqium has completely changed the way we do comp at Braze. It gives us a data-forward approach where managers feel confident about their recommendations and department heads can truly analyze the decisions being made. We have a very nuanced total rewards program, so Aeqium’s flexibility is key.
Aeqium significantly reduced the risk, lost time, and frustration that came from running our compensation planning. It's been a true game-changer for us at Braze.
Aeqium is highly configurable and simple for admins and users. We reviewed other tools where you’d need to pay extra for a contractor to configure them. We wanted to handle the setup ourselves but have help when we needed it, and Aeqium made that easy.
I love how configurable Aeqium is. It gives me the power to do anything I need to set up our cycle and match our process, and I love that I can make changes at any time.
Aeqium saves us hours of work for our HR and finance departments, and it gives us the flexibility we need to feel completely in control. We're not forced into a certain way of doing things just because that's how the product was built.
Aeqium has been really flexible in meeting our needs for our compensation cycles. It’s highly customizable, the configurations are easy for us to manage on our own, and customer service has been really, really excellent.
Aeqium has completely changed the way we do comp at Braze. It gives us a data-forward approach where managers feel confident about their recommendations and department heads can truly analyze the decisions being made. We have a very nuanced total rewards program, so Aeqium’s flexibility is key.
Take control of your
compensation planning.
We'll configure your complete compensation process in Aeqium at no charge when you request a demo. Yes, really. Free.
See it live in less than 1 business day and test it with your HR team and managers 😁
