KnowledgePay products and services enable organizations to manage compensation data, analysis, and decision-making to boost productivity, control costs, and maximize return on employee compensation.
Compensation is nearly every organization’s largest expense. Companies try to shape compensation practices to attract the best talent, motivate employees to produce top quality work, and keep their top performers.
Yet, many organizations are unable to reach these goals, because scattered data and manual business processes get in the way of effective compensation strategy and decision-making. These companies lose time and money and suffer both low productivity and excessive turnover.
KnowledgePay helps organizations solve these problems. Our advanced, on-demand software puts job, market and employee data at your fingertips, making it easy to manage compensation effectively. KnowledgePay’s groundbreaking analytic tools increase HR productivity and ensure optimum analysis and decision making. And its powerful, on-demand feature set is easy to tailor for your organization’s specific needs.
KnowledgePay enhances the business impact of HR, gives line managers new tools to motivate their direct reports, increases alignment and productivity of employees for better business results, and enables organizations to increase their ROI on their largest and most important investment — human capital.
KnowledgePay Inc. was founded in 2008 by a team of entrepreneurs with decades of experience in compensation management, technology, and Human Resources IT.