A precise salary and budgeting framework
Designed specifically for banks and credit unions up to $20B in assets, our app effortlessly breaks down the process of salary administration to provide employees accurate, fair, and competitive pay.
Our insightful, industry-leading data, and partnership of a dedicated comp consultant, play a key role in accomplishing the financial objectives of the executives, board of directors, and overall organizational goals.
- Reports
- Importer
- The Budget Builder
- Job Description Library
-
Reports
- Compa Ratio Report
- Gender
- Position Evaluation Summary
- Salary Ranges
-
Compa Ratio Report
Analyze the position of each employee within their salary range. These reports are filterable by job classification, date in position, performance level, position, supervisor, department, gender, and many other values.
-
Gender
We’re leading the industry with reports that let you compare compa ratio, average performance level, and average date in position by gender. Import the gender of some or all of your employees with three options: female, male, or non-binary.
-
Position Evaluation Summary
Internal equity is just as important as external. Easily evaluate the compensable factors for all of your positions.
-
Salary Ranges
View every established salary range, with or without job titles included, for all job classifications and locations.
-
Importer
- One Seamless Ecosystem
- Automatic Matching
- Approve Changes
-
One Seamless Ecosystem
Our new wizard streamlines—and speeds up—your import experience. Quickly update all of your employees with as few as two attributes using a report from your payroll system or a downloadable CSV from ours.
-
Automatic Matching
Our system will auto-match your .csv files with the appropriate attributes while giving you the flexibility to make manual changes.
-
Approve Changes
After an import, you’ll receive a summary of all pending updates with the ability to preview, edit, or discard before applying.
-
The Budget Builder
- Really Paying for Performance
- Experiment
- Live Data
- Painless Salary Review Statements
- Budgetary Reporting
-
Really Paying for Performance
BalancedComp’s Merit Increase Matrix utilizes compa ratios and performance levels to define fair and accurate increases. Our Matrix Breakdown identifies high-density areas so you can maximize the impact of your budget dollars.
-
Experiment
Create as many budget versions as you’d like, even if that means presenting a 2%, 3%, and 4% budget to your board. It’s no problem! Our system can house them all simultaneously.
-
Live Data
Updates to employee information will automatically reflect in any existing budget. If you’ve paired BalancedComp and BalancedResults, pending scores automatically sync, speeding up the performance review cycle.
-
Painless Salary Review Statements
Quickly generate a fully customizable salary review statement for each of your employees from any budget.
-
Budgetary Reporting
Print beautiful, tailored reports that reveal trends and display how employees move through their ranges.
-
Job Description Library
- Benchmarked Positions
- Modern and Hybrid Positions
-
Benchmarked Positions
Our system contains job descriptions for more than 100 benchmarked positions, which you can copy and edit when building your own.
-
Modern and Hybrid Positions
Many positions have become hybrids, while others in the security and technology areas are newer and less documented. Our ever-expanding library of almost 300 job descriptions cover these areas.
224 banks & credit unions
37,051 employees
99% uptime this year
97% renewal rate
In-app user support
From within the app, any user has direct access to our in-house development team and support documentation. This alleviates pressure off of the HR team so that they don’t have to field how-to questions from supervisors and employees.