“Without a salary administration program, the bank had no idea if the salaries we were paying our employees were competitive within the market. The bank was reviewing employee wages on salary surveys we received from several different sources and the ranges were too broad. BalancedComp performs the surveys for the employer and the data is dependable and up-to-date.”
“Since we partnered with BalancedComp, we were able to cut our turnover in half!”
“BalancedComp helps us ensure we are paying competitive salaries to recruit and retain good employees.”
“Our salary administration was a manual process prior to converting to BalancedComp. We would have to subscribe to compensation surveys, compare our positions to those listed in the surveys, construct the pay scale, and attempt to keep it updated. We were looking for an online, automated process to take the tasks and busy work out of salary administration.”
“I am already thinking about the many extra things I can now get done with all of the extra time BalancedComp will save me - This budget builder is amazing!”
“Accessibility has been wonderful with the cloud based approach! I have accessed our compensation and performance plans with ease while traveling. Our managers love the ability to work on performance plans from the comfort of their homes as well.”
“I can understand how time-consuming it can be to create budgets, generate reports, and manage performance reviews. That's why I'm glad that BalancedComp/BalancedResults has been able to save me over 100 hours each year. Its streamlined approach to these tasks has made my work life easier, and that's always a good thing.”
“We were interested in a more sophisticated way of administering compensation. Under our previous system, there were fewer job grades, only one 'geo' and all ranges rose together by a given percentage. BalancedComp has given us a system that is more attuned to the three markets (ranges do not move in lockstep with one another) in which we compete. Further, with more job grades available to us, we are better able to group like positions with one another.”
“We’re thrilled to join BalancedComp. This is my best investment ever!”
“Our managers love that performance reviews can be done anywhere! They love that they can do them outside of the office without interruptions. From an HR perspective, even if we are out of the office we can help our managers with salary and performance questions.”
“We were able to introduce a solid, clean salary scale that makes good business sense while ensuring that our employees are compensated fairly for their work. We pride ourselves in being an ethical employer and this system is a piece of what helps us get there.”
“I have to say, I love how simple your survey is. In fact, it’s probably going to be the only salary survey I complete this year. All the others take too long and still require you to use paper. Thank you for making it so easy”
“The BalancedComp employees are an extension of our HR team – they are supportive, responsive, and don’t take themselves too seriously!”
“The staff at BalancedComp are extremely knowledgeable about performance management and compensation best practices. More importantly, they truly believe in what they do and how they deliver. They feel like friends we have known for a very, very long time.”