Integration of real-time compensation data with the Globalization Partners (G-P) platform delivers a competitive advantage for companies
Compete, developers of the leading SaaS platform for real-time compensation and benefits benchmarking, has announced that it will be partnering with (G-P), the leading Global Employment Platform that makes it fast, simple, and compliant for companies to hire anyone, anywhere. Together, they will enable companies to hire talent in over 187 countries smartly and competitively.
This announcement follows the launch earlier this year of G-P Recruit by Globalization Partners. G-P Recruit provides G-P Customers with exclusive access to an unrivaled network of global recruiting specialists to find the perfect talent based on their unique requirements, including industry, location, prior roles, and more. Given how benchmarking salaries and benefits is one of the most significant components of the hiring process, Globalization Partners was looking for an organization capable of integrating this data into its global employment platform. This is essential to enable companies to quickly identify and hire new team members in key locations globally.
Compete provides immediate insights into complete compensation package data and enables organizations to develop more effective workforce management strategies. Compete empowers leaders with analysis of over 50 types of benefits, real-time benchmarking data, advanced analytics, and tailored insights to support hiring decisions, identify risks, improve retention, and develop informed compensation policies.
“Companies are trying to navigate the challenges of hiring talent as employee motivations have shifted beyond monetary benefits to include things such as more flexible remote working environments, more accommodating leave policies, and the like,” said Nick Adams, Director EMEA at Globalization Partners. “We are excited about this integration with Compete to empower customers worldwide with insights on the compensation packages unique to each region and to support their ability to hire talent with just a few clicks via our platform.”
The real-time benchmarking of compensation data provided by Compete reflects a dynamic talent environment. This is one where organizations are reliant on accessing the right data to make smart decisions around talent acquisition to reduce the pay and equity gap many organizations are experiencing.
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“Partnering with an industry leader like Globalization Partners reinforces our value proposition of providing organizations with a 360-degree understanding of real-time compensation benchmarking data,” said Amit Rapaport, CEO and Co-Founder of Compete. “Our data, when combined with the global footprint of Globalization Partners, enable any organization regardless of location to gain a competitive advantage in the job market.”