Mission
Compensate.com helps organizations maximize the productivity of their workforce by providing superior human resources management tools and advanced data analysis.
Beliefs
- We believe that the free market is the ultimate arbiter of the economic value of people and their skills.
- Organizations inhibit their ability to attract, retain, and effectively manage people when they establish worth by any metric other than market value.
- Organizations that pay competitively will be more productive and cost-effective.
- Traditional benchmarking methods are inadequate for assessing market value.
Focus
We are convinced that the compensate.com classification and pricing methodology provides the very best foundation for managing human resources, so we focus exclusively on implementing programs that are based on this framework.
It's Cost Effective
- Because our market pricing methodology can determine the competitive value of virtually every employee, it overcomes the need for maintaining an expensive and time-consuming job evaluation system for pricing non-benchmark jobs.
- By employing a market-based program that gives you high confidence in your assessment of employees' value, you avoid the expense of paying too much and minimize the turnover costs associated with paying too little.
- Outsourcing your salary survey data analysis to compensate.com can free your overburdened HR staff to address other needs.
- Our customizable web-based salary administration tools significantly reduce the time and expense involved in changing and communicating guidelines every year.
Principal Profiles
David Beck, Managing Director
Mr. Beck served in a variety of compensation and human resources management roles for more than a dozen years at companies such as First Bank System, Medtronic, and GTE Sprint before founding Daedalus Performance Management Systems--a precursor to compensate.com--in 1985. Since then he has helped companies in a wide range of industries design and implement compensation programs and performance management systems, while also creating the MarketPay
TM pricing system and its associated management tools. Mr. Beck holds a Masters degree in Industrial
Relations, University of Minnesota.
Contact Us
E-mail: ops@compensate.com
Call: 650.996.5074
