Aware AI Data Platform that transforms digital conversation data from Slack, Teams, Zoom and more into insights to improve employee engagement and the customer experience. Founded in 2017, Aware currently has 115 employees working remotely across the U.S.
A key pillar of the Aware culture is pay equity, especially as it relates to market rates. Markets change quickly and Aware recognized they needed to be more nimble in attracting and retaining highly marketable employees. Given the organization had always had strong retention, this turnover prompted Aware’s People Team leaders to revisit the company’s compensation philosophy and pay bands. The team realized their pay bands were lagging current market expectations and sought out a way to utilize more data in compensation decisions.
Additionally, Aware’s pay bands lived in a series of spreadsheets, meaning a lot of manual labor was required every time the team wanted to update the numbers. Aware selected Pave as a partner to access best-in-class comp benchmarks and build bands.
“We needed to update our bands because it was having an impact on retention. We viewed it as foundational to helping us grow quickly and retain key talent.” – David Medwid, Head of Talent Acquisition, Aware
Aware initially brought in Pave for its compensation benchmarking data, then later expanded to Pave Foundations for end-to-end support with building their bands. Since implementing Pave, Aware has been able to:
“Pave has introduced so much more structure around how we handle compensation while saving us time and making everything a lot less stressful. The comprehensiveness of the platform and its ease of use allow us to operate with a lot more confidence.” – David Medwid, Head of Talent Acquisition, Aware
With Foundations and Benchmarking in place, Aware’s People team is now looking forward to next quarter’s pay band review cycle so they can showcase the productivity gain Pave has provided them.