Empowering employees to understand the value of their total rewards

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Introduction

Yotascale is a cost management software that give engineering and finance teams a clear view of their cloud infrastructure spend.

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Challenge

Most startups include equity in their compensation and total rewards packages. And, more often than not, startups attract talent that are looking for those investment opportunities. With a team split between two countries with different understandings and expectations of their benefits, Yotascale wanted to empower their employees to learn more about their equity and total rewards.

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Pain-points

• Retaining top talent
• Employee experience
• Candidate experience
• Global compensation data

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Solution

Yotascale partnered with CandorIQ to empower their employees to better understand their compensation and total rewards.

Key features

• Global compensation data
• Employee total rewards portal

Results

Access to global compensation data

CandorIQ provides Yotascale with access to 100+ countries of global compensation data. This gives them confidence in the compensation strategy they create and manage for their distributed, multi-country team.

Improved understanding of total rewards

Yotascale leveraged CandorIQ’s Employee Total Rewards Portal to give their employees a more comprehensive understanding of their compensation and equity. Employees can directly consult their portal to answer questions about their salary and benefits; improving employee understanding and sparing back and forth with HR.

Better manager visibility

When managers have concerns about employees, they can now log in and see if there are any gaps in their employees’ compensation plans. With visibility to their pay bands and comp history, they can have more informed conversations about their career growth with Yotascale.

A flexible platform able to meet their unique needs

One of the frustrations Yotascale was facing with a previous compensation management platform was lack of flexibility within their platform. CandorIQ provided a white glove setup service that ensured everything met their team’s needs.

Benefits by country

To meet—and exceed—the standards of each of the countries they work from, CandorIQ provided the ability to set up benefits and total rewards by country. This provided clarity for employees and managers, while removing manual setup headaches for HR operations.