beqom empowers companies to manage compensation effectively, focusing on pay transparency, equity, and performance-driven rewards. It streamlines complex pay structures through configurable plans, real-time reporting, and AI-powered tools. While advanced features may require training, its comprehensive platform motivates talent and maintains compliance.

beqom Specifications

Employee Information Management

Recruitment and Applicant Tracking

Performance Management

Attendance and Time Tracking

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What Is beqom?

Overview

beqom is a cloud-based compensation management software that offers a complete suite of tools for human resource and sales teams. This AI-powered platform helps organizations implement fair and transparent compensation practices at scale. It empowers companies to manage complex global plans, ensuring pay equity, driving performance through incentives, and maintaining pay transparency across dispersed workforces.

What Is beqom Best For?

One of beqom's best capabilities is its ‘Pay Equity’ solution. It helps companies identify, measure, and close pay gaps between genders, ethnicities, and other demographics. This is important to promote fair compensation practices and ensure legal compliance. The software analyzes employee compensation data to generate insightful reports on pay disparities across various metrics. It then provides recommendations on equity-driven compensation adjustments. This helps companies remedy imbalances in a systematic way.

beqom Pricing

beqom offers customized pricing plans tailored to individual client needs based on factors like the number of users, features or modules required, type of industry, and business size. You can contact us for a personalized beqom pricing quote.

beqom Integrations

The software integrates with other applications, such as Microsoft Teams.

How Does beqom Work?

Here’s a quick rundown on how to navigate the dashboard and make the most of the software’s features:

  • Log in to your beqom account using the login credentials provided during the initial setup
  • Navigate to the home dashboard to get an overview of upcoming tasks, notifications, and key metrics
  • Go to the 'Pay Management' module to set up compensation plans, grades, total rewards, and bands as per your organization's structure and policies
  • Define compensation elements like base salary, optimal amount, bonuses, commissions, etc., and set calculation formulas and rules
  • Configure individual pay statements and passports under the 'Pay Transparency' module to provide real-time access to compensation data
  • Use the 'Pay Equity' tools like analytics and reports to regularly audit pay parity and ensure compliance
  • Under 'Pay Intelligence', leverage features like budgeting, predicting pay impacts, and running 'what-if' scenarios
  • Initiate necessary approvals, reviews, and adjustment processes directly through customized workflows
  • Generate model statements and payouts and manage exceptions
  • Access employee's self-service portals to view pay details, run calculations, and past performance reviews
  • View comprehensive reporting and analytics options for insights
Schedule a free beqom demo to delve deeper into its functionalities.

Who Is beqom For?

beqom caters to organizations from various industries and sectors, including:

  • Information technology
  • Banking
  • Retail
  • Automotive
  • Food and beverages

Is beqom Right For You?

Are you struggling with complex global compensation structures that are difficult to manage manually? Do you need a solution that promotes pay transparency, equity, and compliance? beqom is ideal if you are looking to streamline total compensation management. It offers a complete compensation suite, adheres to stringent security protocols, and complies with GDPR. Popular clients like Mercedes-Benz, Pepsico, Kuehne+Nagel, and Standard Bank rely on beqom for award-winning compensation strategies. Its highly scalable and flexible SaaS platform easily integrates with existing HRIS solutions.

Not certain if beqom is the ideal choice for your needs? We’re here to provide assistance. Contact us at (661) 384-7070, and we’ll help you make the right decision.

beqom Features

beqom allows organizations to centrally define compensation structures and plans. It features attributes like salary review, grades, and band definitions. Administrators can design roles and compensation templates, track budgets and performance management, and model pay adjustments efficiently.

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It provides real-time pay statements and passports to employees. Employees can access user-friendly tools to understand how their pay is calculated and stay informed, increasing transparency and trust.

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This feature optimizes compensation using predictive analytics, budgeting, scenario modeling, and benchmarks. Managers can understand pay impacts and make informed decisions before finalizing payouts or adjustments.

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It provides a single point to manage all workflow-based activities and approvals related to compensation. Customizable workflows ensure streamlined and compliance-focused processes.

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Pros and Cons of beqom

Pros

  • Covers all compensation aspects in one platform
  • Flexible and customizable to business requirements
  • Ability to centrally manage global compensation plans
  • Helps improve performance and payroll visibility

Cons

  • Mobile access can be improved
  • Advanced features might require training, according to some users

beqom Reviews

Overall Rating

4

1 Review(s)

Rating Distribution

5

star

4

star

(1)

3

star

2

star

1

star

March 2020

Beqom solutions

catherine

Automotive

Ease of use

9

Value for money

9

Customer Support

9

Functionality

9

Pros

This software is very easy to use and comes with outstanding support for any bugs that might arise. It ensures a smooth experience with reliable assistance whenever needed.

Cons

It can be challenging to get a clear overview when the process encounters an error or crashes.

Frequently Asked Questions

Yes, it offers an API to use.