MILWAUKEE, April 17, 2023 /PRNewswire/ -- Circa is pleased to announce the launch of LaborIQ, a compensation software solution providing human resource (HR) teams with salary answers for all occupations in the U.S. The new partnership with Dallas-based, LaborIQ®, will support HR teams with accurate and predictive salary data to develop proactive compensation strategies without the burden of a dedicated full-time position.
LaborIQ will provide Circa clients with unlimited, nationwide access to compensation and retention solutions, through three main features:
Salary Answers. Access to recommended compensation and salary ranges for 20,000 job titles by location, industry, and company size.
Pay Benchmarks. Compare individual or team salaries to current and future market pay rates while proactively identifying pay gaps.
Expert Analysis. Talent supply and market insights into key drivers of compensation demands to help build a candidate pipeline, faster.
"By offering LaborIQ, we continue to strengthen our role in AI-powered solutions so that our clients have the support to do their jobs quickly and easily," Patrick Sheahan, CEO of Circa said. "Adding LaborIQ to our OFCCP compliance and talent acquisition technology solutions meets a much-needed demand that Circa customers have been asking for. We're thrilled to partner with the leader in compensation and labor market analytics to help HR professionals find and attract candidates faster, while also proactively identifying pay gaps to reduce turnover."