Pave Announces European Expansion to Deliver More Transparent & Fair Compensation Worldwide

Announcements
•
May 18, 2022
•
5
min read
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Over the past eighteen months, Pave has revolutionized compensation benchmarking in the United States. 

In that period, Pave has become the predominant comp benchmarking for pre-IPO venture backed tech companies in the US; we’ve: 

  • Offered free, real-time compensation benchmarks to over 2,200 companies
  • Grown our proprietary data set to 240,000+ employee data points 
  • Partnered with 100+ venture capital firms, including top European investors like Index Ventures, LocalGlobe, Atomico & Octopus Ventures

During this time the labor market changed: expectations have increased significantly in the tech sector, and the labor market has become increasingly more global. According to our most recent data, 35% of our existing customers have team members in Europe.

Offering US compensation benchmarks is only the beginning. 

We’re committed to supporting our growing international customer base to achieve our mission to make compensation transparent, accurate and fair.

And in order to create the data-based clarity we drive to make with our benchmarks, Pave is thrilled to announce that we’ll be expanding our operations in Europe!

Here’s what you can expect to see as part of Pave’s expansion to Europe: 

  • Partnerships with leading European companies like Ledgy, Personio, Capdesk & Charlie (and many more)
  • Integration based functionality that is simple to use
  • Support for European equity vehicles such as EMIs, phantom stock, and more
  • Access to real time US and European data that is free forever

In the modern war for talent, with the aid of tools like Pave, they can differentiate through competitive compensation and secure and retain the best people.

We’re thrilled about the opportunity to support our growing international customer base, and you’d like to sign up for early registration for our free, real time benchmarking data, click here. 

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We can’t contain our excitement. And we're not alone in our enthusiasm.

For the past several months, we’ve been collaborating with industry experts and global compensation practitioners to take steps to better serve our customers. 

We’ve heard similar sentiments from our European customers & partners about this expansion, and we wanted to honor our collaborators below by sharing their impressions:

“Pave's comp benchmarking tool is superb. Any start-up or scale-up that wants to use the most comprehensive dataset to make compensation decisions should be using Pave."

--
Emma Phillips, Investment Partner at LocalGlobe.
“Our goal at Tessian is to ensure that all of our salaries are fair and competitive which is why we use Pave for our benchmarking. Not only is their platform easy to use but we can be confident that the benchmarking data that we’re pulling is second to none."

--
InĂŞs Van Deuren, People Operations Manager at Tessian
"In order to hire the best talent in today's market, we need real time compensation benchmarks. Pave compensation data is just that: not only does it provide verified cash and equity compensation benchmarks, but it's free. Our leadership and people teams have insight into compensation benchmarks like never before."
‍
--Sultan Murad Saidov, Co-Founder and President at Beamery
"Pave's benchmarking gives us the confidence to plan, budget and track our growth more accurately. We know we are able to make competitive offers to candidates and pay our team fairly as the market continuously shifts. As the data is connected through our HRIS API, it means we don't have to spend hours filling out manual comp surveys every 6 months to continue getting our access."

--Tom Denny, Head of People at Codat

Learn more about Pave’s end-to-end compensation platform
Pave Team
Pave Team
Pave is a world-class team committed to unlocking a labor market built on trust. Our mission is to build confidence in every compensation decision.

Become a compensation expert with the latest insights powered by Pave.

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