What is Insight Lab?
Insight is a cutting-edge compensation software that empowers organizations to meticulously track and analyze their compensation strategy using the latest salary data. It offers a smart, user-friendly platform with transparent datasets, intuitive job-based modeling, and exceptional service to help organizations attract and retain top talent The software provides access to validated, built-in datasets that enable companies to understand what peer organizations are paying for similar roles, as well as unique skill-based data to stay ahead of market trends for fast-moving positions. Insight's robust compensation management features allow businesses to develop a tailored strategy that ensures fair and competitive pay while maintaining a strategic focus on the bottom line Importantly, the platform facilitates clear communication of compensation details with employees, fostering understanding and preventing costly turnover. Insight also blends multiple data sources, including industry benchmarks and the software's own crowdsourced data, to provide accurate, data-driven job pricing that eliminates over- or underpayment issues as the organization grows
Highlights
- Access to validated, built-in salary datasets to benchmark compensation against peer organizations
- Unique skill-based data to monitor market trends for in-demand positions
- Intuitive job-based modeling tools to develop a tailored compensation strategy
- Seamless communication of pay details to employees to enhance understanding and retention
- Blended data sources for accurate, data-driven job pricing