Product launch: run smooth and fair compensation reviews
Compensation reviews have been notoriously chaotic—with siloed systems, fragmented data, and conflicting priorities. Juggling pressures to balance data, fairness, and communication while retaining top talent make it feel like mistakes are inevitable:
- The chaos: Spreadsheets, piles of static data, siloed tools, and fragmented processes.
- The pressure: Balancing executive demands and conflicting priorities, and the constraints of your unique pay philosophy—often without adequate reliable data.
- The painful conversations: Defending pay errors, justifying inconsistencies, and addressing employee dissatisfaction with unclear or unfair decisions.
No wonder our customers described them as 'fraught', 'frenzied', and 'full of pain'.
Now, Ravio removes the chaos by bringing together your employee data, compensation framework, reliable benchmarks, and intuitive salary bands — all within a single, user-friendly platform. Streamline comp review steps, reduce errors, and make fair, data-driven decisions your new reality.
Run every comp review with confidence, clarity, and a lot less stress
Over the past few months, we've refined our compensation review product with feedback from Ravio customers.
Keep reading to see why People & Reward leaders already love Ravio.
1. Easily manage a streamlined experience
Combine real-time market data, salary bands, pay equity insights, budgets, and approvals all in one centralised platform—eliminating siloed systems and ensuring seamless collaboration across teams.
"I cannot believe I'm feeling excited to use a comp review product. Let's get rid of our Excels. This is going to be so much easier." – Ravio beta testing customer
2. Build a fair and flexible process
Tailor automated recommendation logic, budgets, and workflows to fit your unique approach, ensuring a fair and transparent process that is built exactly the way you want it to be, while maintaining alignment with your organisation's goals.
A beta customer said, "This is going to be a game changer for us. We're currently stuck in legacy tools and Excel spreadsheets... this will help me leave a footprint on my company!"
3. Facilitate transparency on your terms
Simplify tough conversations with reliable data and a transparent process. Deliver clear, confident communication that resonates with leadership, managers, and employees—fostering alignment, trust, and understanding at every level.
Another beta customer said: "The UI is so clear and great. All of my comp review experience so far have been attempted through HR systems... Ravio is already exceeding that."
How it works:
- Step 1: Configure Your compensation ceview Select eligible employees, customise manager approval flows, set budgets, refresh bands in line with the market, and define your recommendation logic and merit matrix.
- Step 2: Run Your compensation review Empower managers to confidently review, adjust, and approve pay changes with visibility into the employee context and guidance to follow pay practices. Collaborate seamlessly using comments, flags, and approval history.
- Step 3: Finalise your review Complete the review in line with budget, pay equity, and salary band impacts, understand the success of your review, and sync results back to your HR system for rollouts.
Why choose Ravio’s compensation review product?
Ravio’s compensation review product takes the stress out of compensation reviews by simplifying complex processes, improving data accuracy, and aligning every step with your pay strategy. With features like live data syncing, reliable real-time benchmarking sourced from +1,100 global tech companies, and easy-to-use collaborative workflows, your team can:
- Reduce manual effort and errors
- Ensure pay decisions are equitable and aligned with market standards
- Streamline approvals and rollout processes
Join leading companies like Adyen, Pipedrive, and Skyscanner in transforming your compensation management processes.
Click here to book a personalised demo of Ravio's new compensation review product today.