Data-Driven Compensation Strategies
Build smarter, data-driven compensation strategies that help you attract, retain and reward talent with confidence.
Real Income allows you to:
- Import easily: Upload all your organization’s compensation data and watch our job classifier automatically match your jobs to ADP benchmark jobs.
- Analyze data quickly: Examine pay data for all your jobs against ADP benchmarks, segmented by location and payment type (salary, bonuses, commission, overtime and tips) — all in one easy-to-use interface.
- Plan strategically: Locate gaps in current pay vs. market rates for every position in your company and assess internal pay scale consistency, so you can quickly expand into new locations.
Robust Labor Intelligence
Real Income gives you the ability to compare compensation data for each of your jobs against the market rate in any geographic area so you can see if your pay is leading, matching or lagging competitors. With this information, you can plan job relocations, recruit from a wider range of talent and grow your business into new markets.
Real Income’s workforce compensation analysis also provides industry-specific insights, including the latest labor trends and the top skills by job.
Pay Gap Analysis
Equal pay is essential to your recruitment, retention and compliance efforts. A powerful analytics solution like Real Income can help you detect and resolve any pay gaps resulting from potential discriminatory biases within your organization. ADP benchmarks consist of up-to-date, aggregated and anonymized HR and pay data from our U.S. client base – 1+ million employers with more than 39+ million employees and 9,000+ job titles, spanning 1,000+ industries.