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Aeqium

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Last updated on

Company health

Employee growth
17% increase in the last year
Web traffic
12% increase in the last quarter
Financing
December 2022 - $6M

Ratings

G2
4.7/5
(18)

Aeqium description

Aeqium is a software platform designed for managing employee compensation. It helps you streamline the process of salary reviews, bonuses, and equity grants. Aeqium offers tools to create salary bands, analyze compensation data, and generate interactive offer letters for potential hires. It aims to reduce manual effort and provide insights for fair and competitive compensation decisions. Aeqium integrates with existing HR systems and is designed to adapt to the specific needs of your company.


Who is Aeqium best for

Aeqium helps streamline compensation management, from salary reviews and bonuses to equity grants. It offers tools to create salary bands, analyze data, and generate offer letters. Aeqium integrates with HR systems and adapts to company-specific needs. Users appreciate its streamlined process for managing compensation.

  • Best for medium to large businesses.

  • Ideal for software/technology companies.


Aeqium features

Type in the name of the feature or in your own words tell us what you need
Supported

Aeqium supports creating interactive offer letters with compensation details.

Supported

Aeqium supports salary benchmarking, pay equity analysis, and compensation planning.

Supported

Aeqium supports salary benchmarking by allowing users to import data and create pay bands.

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Aeqium offers built-in market data integration for informed compensation decisions.

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Aeqium allows creating, managing, and sharing custom salary bands for different roles and levels.

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Aeqium streamlines compensation planning, including merit increases, bonuses, and rewards.

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Aeqium offers tools to analyze and address pay gaps based on gender, and likely other demographics.


Aeqium pricing

The commentary is based on 3 reviews from Aeqium G2 reviews.

Aeqium offers cost-effective compensation management, providing essential features at a lower price than competitors like Pave. Users highlight its free version for salary band management, making it accessible for startups and scale-ups seeking an alternative to spreadsheets. While offering various modules, its pricing structure allows for flexible adoption based on specific needs.

See the Aeqium pricing page.


Aeqium alternatives

  • Logo of Assemble
    Assemble
    Better fit for small to mid-sized businesses. Stronger customer support and easier to use. Has positive user reviews. Growing slower and integrates with ATS.
    Read more
  • Logo of MarketPay
    MarketPay
    Better fit for companies in healthcare, finance, real estate, government, professional services, or IT. Stronger focus on market analysis and salary surveys. MarketPay may be a good Aeqium alternative but some users find its search and reporting functionalities cumbersome.
    Read more
  • Logo of Payfactors
    Payfactors
    Better fit for organizations of all sizes and a wider range of industries including healthcare, retail, and professional services. Known for its robust data set, particularly useful for HR market analysis and benchmarking. Positive feedback on customer support and a convenient "Quick Price" tool, though some users find the interface difficult.
    Read more
  • Logo of Pave
    Pave
    Better fit for small to mid-sized businesses. Positive user reviews highlight Pave's comprehensive compensation platform, valuable real-time data, and excellent customer support. However, some users mention limitations with integrations and manual workarounds.
    Read more
  • Logo of Comprehensive
    Comprehensive
    Better fit for small to mid-sized businesses. Aeqium is growing faster.
    Read more
  • Logo of HRSoft Compensation Management
    HRSoft Compensation Management
    Better fit for larger enterprises, especially those in regulated industries like healthcare, finance, and retail. Stronger customer support and easier to use, though initial implementation can be challenging. HRSoft Compensation Management is a popular Aeqium alternative.
    Read more

Aeqium FAQ

  • What is Aeqium and what does Aeqium do?

    Aeqium is a compensation management platform that streamlines salary reviews, bonuses, and equity grants. It provides tools for creating salary bands, analyzing compensation data, and generating offer letters. Aeqium integrates with HR systems and helps ensure fair and competitive compensation.

  • How does Aeqium integrate with other tools?

    Aeqium integrates with existing HR systems, allowing for seamless data transfer and a centralized platform for compensation management. This streamlines processes and reduces manual effort. It adapts to company-specific needs, offering flexibility in its implementation.

  • What the main competitors of Aeqium?

    Aeqium's main competitors include Assemble, MarketPay, Payfactors, Pave, Comprehensive, and HRSoft Compensation Management. These platforms offer similar functionalities, such as salary benchmarking, compensation planning, and offer letter creation.

  • Is Aeqium legit?

    Yes, Aeqium is a legitimate software platform for compensation management. It helps streamline salary reviews, bonuses, and equity grants, particularly for medium to large businesses. Aeqium offers tools for creating salary bands and analyzing compensation data.

  • How much does Aeqium cost?

    Aeqium's pricing information is not publicly available. Contact Aeqium directly to obtain specific product pricing details and determine if the product's value aligns with your needs.

  • Is Aeqium customer service good?

    Customers praise Aeqium's excellent customer support, highlighting the team's responsiveness and efficiency in addressing questions and resolving issues. They appreciate the quick responses and helpful guidance provided by the support team, contributing to a positive overall experience.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.