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Ravio description
Ravio is a European compensation management software designed for HR teams in tech companies. It helps businesses understand and manage employee compensation using real-time salary data and market benchmarking. The platform offers tools for job leveling, pay equity analysis, and salary band creation, aiming to eliminate pay disparities and promote transparency. Ravio replaces manual spreadsheets with automated processes to simplify compensation reviews and ensure fair pay practices, helping companies attract and retain talent.
Who is Ravio best for
Ravio is a compensation management software designed for HR teams in tech companies, especially startups and scaleups. It helps manage employee compensation with real-time salary data and market benchmarking. Users appreciate its automated processes, replacing manual spreadsheets for streamlined compensation reviews and fair pay practices. However, some have noted limitations in reporting capabilities.
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Ideal for small to medium-sized tech companies seeking efficient compensation management.
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Specifically designed for HR teams in the tech industry to manage compensation effectively.
Ravio features
| Supported Ravio offers interactive offer letters with a visualization of total compensation in its premium Communicate module. |
| Supported Ravio supports creating, managing, and sharing custom salary bands for different roles and levels. |
| Supported Ravio supports pay equity analysis, including tools to analyze and address pay gaps based on demographics like gender and race. |
| Supported Ravio offers a large database of salary data and market insights for informed compensation decisions. |
| Supported Ravio supports salary benchmarking with real-time data and custom peer groups. |
| Supported Ravio supports salary benchmarking, pay equity analysis, and compensation planning. |
| Supported Ravio streamlines compensation planning, including merit increases, bonuses, and rewards. |
Ravio pricing
The commentary is based on 2 reviews from Ravio G2 reviews.
Ravio offers compensation management software with real-time data and market benchmarking. Products include Benchmarking Data, Salary Bands, Pay Equity, and Compensation Reviews. They integrate with over 100 HRIS systems.
Users sentiment
See the Ravio pricing page.
Ravio alternatives
FiguresBetter fit for larger enterprises, especially in the European tech and finance sectors. Has Workday integration. Ravio is growing faster.Read more
QuintoMore focused on job description management. Better fit for Non-profit and Professional Services organizations. Has user ratings available. Growing slightly faster.Read more
MarketPayBetter fit for larger enterprises, especially in finance, healthcare, government, and professional services. Well-rated with generally positive customer reviews.Read more
PaycorBetter fit for larger companies across diverse industries like healthcare and manufacturing. Offers payroll, recruiting, onboarding, and talent management features in one platform. Broader HR functionalities, but users report difficulties with customer support and occasional system glitches.Read more
KlaarMore focused on performance management and employee engagement. Has more momentum in terms of website traffic and employee growth. Caters to a slightly larger company size.Read more
HireologyBetter fit for multi-location businesses in retail automotive, healthcare, and hospitality. Focuses on streamlining the entire hiring process, from attracting candidates to onboarding.Read more
Ravio FAQ
What is Ravio and what does Ravio do?
Ravio is a compensation management software for HR teams in tech companies. It uses real-time salary data and market benchmarking to manage employee compensation. It features job leveling, pay equity analysis, and salary band creation, helping eliminate pay disparities and promote fair pay.
How does Ravio integrate with other tools?
Ravio integrates with various HR and payroll systems, though specific integrations aren't publicly listed. This suggests some level of interoperability to streamline compensation workflows. For detailed integration information, contacting Ravio directly is recommended.
What the main competitors of Ravio?
Alternatives to Ravio include MarketPay, Payfactors, Aeqium, Pave, Comprehensive, and HRSoft Compensation Management. These competitors offer similar compensation management features, including salary benchmarking, data insights, and compensation planning tools.
Is Ravio legit?
Yes, Ravio is a legitimate compensation management software. It helps tech companies, especially startups and scaleups, manage salaries and ensure fair pay. Ravio offers real-time salary data, benchmarking, and tools for pay equity analysis.
How much does Ravio cost?
I couldn't find pricing details for Ravio. For the most current pricing information, it's best to check their official website or contact their sales team directly.
Is Ravio customer service good?
Customers praise Ravio's responsive and helpful customer success team. Users highlight the team's knowledge and quick response times, making for a positive customer service experience. They are also open to suggestions for product improvement.
Reviewed by
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.
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.