Release notes: Running compensation cycles in Ravio, Reward community, and earning CEO buy-in
Run your next comp review through Ravio
Compensation reviews used to be overwhelming: juggling spreadsheets, version control issues, unreliable data, and balancing executive demands with your pay philosophy.
But not anymore. With Ravio's new compensation review product, you can:
- Run a streamlined comp review using your custom bands
- Create recommendations for pay increases aligned to your People objectives
- Stay within your budget and easily facilitate manager approvals
"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
Pay transparency: How to explain your compensation approach to employees
This month we hosted our first Reward Community Office Hours of 2025.
And it was the perfect reminder of why these sessions are so important.
Compensation is an area that’s full of complex challenges, and many Reward Leaders are struggling with those challenges as a team-of-one.
But when those challenges are discussed in a community setting there’s suddenly a ton of experience and advice to draw from.
Some examples from the session:
- How Eamonn Stanley has gone about introducing transparent salary bands with the team at Typeform this year.
- How Vicky Peakman is approaching grouping employees for the EU Pay Transparency Directive’s ‘work of equal value’ comms requirements.
- How Vaso Parisinou has been taking an incremental approach to educating the Ravio team on how our own pay philosophy works.
Join next month's Reward Hour
In March, our CPO Vaso will be joined by Anastasia Efremova (Director of Reward at Semrush) and Figen Zaim (Total Reward Consultant and Founder of Olivier Reward Consulting), so be sure to register here!
How to get CEO buy-in to purchase compensation benchmarking data
“We need access to reliable salary benchmarks, but we can’t get our CEO to approve the budget.”
Sound familiar?
Our team hears this all the time.
Many leaders see compensation benchmarking data as an unnecessary expense, rather than a strategic investment. After all, can’t we just keep using crowdsourced data for free through platforms like Glassdoor?
The key to getting through to C-level executives on the value of benchmarking data?
Proving the ROI.
Alistair Fraser has come up against this challenge many times in his career in Rewards.
We asked him how he would go about persuading a CEO that just didn’t get it. And we’ve shared his advice in our latest blog.