Pay Analysis
Compensation Benchmarking Tools for Salary Planning
With LaborIQ’s compensation benchmarking tools, HR and talent acquisition teams get access to accurate compensation recommendations for annual budget planning, off-cycle salary adjustments, and pay equity analyses, plus advanced compensation forecasting based on labor market movement. The entire database is updated monthly.
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Proactive pay benchmarking for personnel payroll expenses against current market rates allows proactive planning and peace of mind.
Our compensation planning software ensures you stay prepared for all salary planning and pay decisions. Gain precise insights into competitive pay rates tailored to your industry and the current labor market.
Upload your employees to complete a compensation analysis in just a few clicks.
Stay Competitive with Compensation Planning Software
Utilize the latest compensation analytics and accurate salary forecasts based on trillions of market-relevant data points. Identify pay gaps and increase employee retention using our salary recommendations and benchmarking.
Salaries are updated monthly and validated against 8.6 million pay stubs across 400,000 U.S. companies, ensuring accuracy at every job level.
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Compensation Forecasting and Benchmarks
35% of your employees are looking for higher pay. LaborIQ provides current, market-competitive salary benchmarking for 20,000+ jobs to help you see current compensation expectations, identify pay gaps, and take action.
Prevent Turnover with Personalized Salary Insights
Get employee-specific salary recommendations to determine turnover risks.
Plan Budgets with Future-Focused Pay Data
Utilize forward-looking pay data for next year's headcount budgets.
Set Pay Right for Promotions & Counteroffers
Determine what to pay during off-cycle salary adjustments, whether it's for promotions or counter offers.