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Overall experience with Aeqium
“Aeqium is a game changer!”
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Company Description
Aeqium gives people teams tools to plan, analyze, and update compensation for every employee in a collaborative, data-driven way. Aeqium's compensation planning software is flexible enough to match every organization's unique compensation plans and easy enough to configure without waiting on support. Two hours on average - That’s the time it takes to integrate your HR stack and set up a cycle. Skip weeks of error-prone, manual spreadsheet prep and stop wrestling with rigid HRIS tools.
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Aeqium Likes & Dislikes
There are several aspects that I really appreciate about Aeqium! 1. The ability to customize, make adjustments and build in the compensation cycle module is amazing! Every aspect and calculation that we used to run in spreadsheets, we've accomplished and or improved through the platform. 2. NO MORE SPREADSHEETS! I think every Total Rewards leader understands the pain points associated with running cycles in spreadsheets - The shift to Aeqium has allowed us to save countless hours in managing these spreadsheets and now allows our team to focus on higher ROI conversations around compensation. 3. Their support team has been absolutely amazing. From onboarding and implementation to product requests that their team was able to mobilize quickly on - we've been extremely impressed in their responsiveness and their ability to support on various request items has been amazing.
The ability to customize things quickly and easily. The speed in which I was able to learn the product and the flexibility it allowed me to make changes.
Ability for our team to build and make changes after minimal onboarding Customizable columns and views Great visualization of comp over time that our end users loved
1. Navigating salary band transparency. Given the laws and requirements around salary band transparency and the potential nuances of how your company navigates these requirements, it can be hard to solve at scale. Aeqium is largely built as all or nothing on this front (or manually managed by band which is hard to scale) 2.Navigating Salary band management - While it's relatively easy to add salary bands to the platform as a company that is in 20 countries and consistently adding new salary bands, it can be rather cumbersome to have multiple sources of truth regarding salary bands and creates redundant work in maintaining.
There wasn't much I didn't like about the product. There were a couple of one off things that happened during the cycle but the Aeqium team was super quick to fix them. Aeqium worked to display everything we asked them to, there was one way we asked them to display equity that they weren't able to do in the exact way we asked for but overall we found a solution that worked.
Nothing major - would like to the main planning interface to look a bit less like a spreadsheet; ability to utilize colors and other formatting to differentiate columns and draw users to key areas
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Aeqium Reviews and Ratings
- Manager, Total Rewards50M-1B USDSoftwareReview Source
Aeqium is a game changer!
Aeqium has been an amazing platform and value add to our organization. We have seen significant improvements in our ability to administer and manage our compensation cycle, giving us the flexibility we need to support our compensation philosophy and equipping managers to make thoughtful compensation decisions. Overall, the platform is super intuitive both as an Admin as well as for our frontline managers as they both navigate the platform to review their teams compensation as well as interacting with the platform for compensation cycles. - Human Resources Associate1B-10B USDSoftwareReview Source
Customization and Rapid Learning Emerge as Key Benefits in Compensation Cycle Platform
Aeqium was a great experience to use. I am on the compensation team and had earl Q1 priorities so I learned Aeqium right before the launch of the comp cycle. It was super easy to learn and I was able to support my stakeholders quickly and easily customizing the cycle to their specific needs. - Director of Human Resources1B-10B USDSoftwareReview Source
Minimal Onboarding Needed for Teams to Build and Make Changes Themselves
Aeqium delivered on everything we hoped for - incredibly easy to customize, simple data uploads and integrations, and quick responses when we had questions or asked for changes. - Pre-Sales<50M USDIT ServicesReview Source
Easy Compensation Management Highlighted, Yet Data Handling Tools Are Limited
Overall, Aeqium has been a great experience for us. we have never had a more seamless compensation cycle, from deployment to the start of our comp-off cycle to the current communication of changes in compensation. - Sr Compensation & HRIS Partner50M-1B USDSoftwareReview Source
Aeqium Simplifies Compensation Planning With an Intuitive and Collaborative Platform
Our overall experience with Aeqium has been excellent. The platform is intuitive and easy to use, which makes adoption and training seamless. It streamlined our compensation process, and our leadership team loved their experience using it during our comp process.