Compensation Data Types: What They Are & When to Use Them
In collaboration with Novo Insights
Keeping track of the evolving compensation market data landscape can be difficult. It used to be that surveys were the de facto method for obtaining compensation data. Today though, there are other types of market data that can elevate a company’s compensation strategy.
Building a strong comp strategy requires an understanding of what these various compensation data sources can offer, and how to combine them to meet the unique needs of your business.
In this guide with Novo Insights, discover the six key types of market data, learn the strengths of each, and see examples of how companies use them to fulfill their comp philosophy.
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What makes equity compensation work for an organization in 2024? Our team at Pave analyzed the real-time data available in our platform across 6,400 customers and 50 countries to understand the latest in equity compensation practices.
We’re sharing what we learned to help you make equity decisions that are responsible and competitive with market trends.