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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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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.
Seamless deployment with easy management solution along the journey has been incredible support.
What I like most about Aeqium is how user-friendly and intuitive the platform is. It takes something complex lke compensation planning and makes it simple, clear, and collaborative. I also appreciate how supportive the team is to feedback and how quickly they continue to evolve the product.
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.
Specifically, the lack of features like pivot tables for combing data within charts and the inability to express incentive targets as a percentage of sales targets.
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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. - 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. - Sr Mgr, Compensation50M-1B USDHealthcare and BiotechReview Source
Great system, easy to use
Very good and easy to work with, quick and easy implementation. - VP, Total RewardsGov't/PS/EdGovernmentReview Source
Aeqium is a Solid to Excellent Choice
Overall, the experience was excellent. Our Customer Success Manager not only provided robust support that was timely and helpful, I felt he went the extra mile to support us as a client