Today, PayScale’s new compensation management platform — Insight Lab — was named the winner of this year’s Stevie Awards in the Best New Human Capital Management Solution category.
At PayScale, we are committed to helping our customers understand market pay for any position and fostering better pay conversations with their organizations. It’s a mission, and we’ve seen the impact it can have on productivity, talent retention and company culture when employees and organizations have data-driven, transparent conversations around compensation. That’s why we feel so honored to receive this recognition for Insight Lab from the American Business Association.
Every year since 2003, the American Business Association has been recognizing businesses through the American Business Awards (nicknamed the “Stevie Awards”.). These awards are the U.S.A.’s premier business awards program, recognizing outstanding performances in the workplace worldwide. More than 3,700 nominations from organizations of all sizes and in virtually every industry were submitted this year for consideration in a wide range of categories. More than 200 professionals worldwide participated in the judging process to select this year’s Stevie Award winners.
Insight Lab is a compensation platform that helps organizations build and manage compensation plans in an intuitive software, while presenting decision-ready insights to save time and optimize business impact. In Insight Lab, you can use PayScale’s crowdsourced data, company-sourced data as well as any other survey data you want to define the right dataset for any job (see all of our data offerings).
Here are some of the comments we got from the judges who reviewed the submission:
“This tool is user friendly and extremely helpful for any HR leader to have in their back pocket.”
“A forward-thinking tool to help employers. Making this product affordable for smaller companies would be groundbreaking.”
“Great tool with easy to use graphics to help HR teams understand and take action on compensation data.”
What Insight Lab customers have said about their experience:
“I can go and use other survey management tools, but I can’t see, manipulate and visualize data the way I can in Insight Lab. I also don’t get notifications of people lagging, or a diagnostic bar telling me certain jobs have changed X percent in the last 30 days; I’m not given a heads up. With Insight Lab, we know important information on the fly.”
-Andrea Morales, Sr. Director of Total Rewards & HRIS, Amyris
“Insight Lab is very user friendly. And the fact that all the surveys are in one place is a benefit as well. We don’t have to waste time going to multiple sources.”
-Janell Amin, Lead Compensation Analyst, OneMain Financial
“In just a few months, we have already been able to solve a lot of business issues with Payscale Insight Lab. We had a growing list of hot jobs that needed to be benchmarked along with the new roles that needed to be graded, but the cost of outsourcing this was substantial. Insight Lab empowered us to leverage our own skills to support the needs of our leadership. Plus, there are reporting tools that weren’t available to us previously!”
-Kelli Hathman, Compensation and Benefits Analyst, Missouri Employers Mutual Insurance
Already using Insight Lab and want to help us win another award?
Insight Lab is also automatically included in voting for the People’s Choice Stevie Awards for Favorite New Products. If you’d like to nominate us for this award, you can cast your vote at http://peopleschoice.stevieawards.com
You can use the unique short code: C884U to automatically vote for us.
If you’re not a PayScale customer yet and want to learn more about how bringing pay forward in your organization can make a substantial impact on your bottom line, we’d love to hear from you.
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