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Compa grabs more capital amid customer quest for real-time compensation data
Let’s face it — the job market is tough. Between all of the layoffs in the tech industry and new job positions being created to leverage the artificial
The company’s technology included “deal desk” software for recruiters to more easily manage their compensation strategies to create and communicate offers that are easy to understand and are unbiased. However, 2021 was a hot job market where pay was increasing rapidly, and companies were losing candidates at the compensation stage, Charlie Franklin, co-founder and CEO of Compa, told TechCrunch. Through analysis of the offer data in real-time, compensation teams can then identify market changes faster and adapt their strategies to improve competitiveness and manage cost.
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