beqom Named to 2024 Constellation ShortList for Compensation Management

NYON, SWITZERLAND—beqom, a purpose-built compensation platform that helps the world's leading enterprises leverage their talent, today announced it was named to the Constellation ShortList™ for Compensation Management in Q3 2024. The technology vendors and service providers included in this program deliver critical transformation capabilities for early adopters and fast-follower organizations. 

beqom CompComplete offers comprehensive compensation and performance management to meet the demands of today’s leading global organizations, based on four product pillars:

• Pay Management to deliver total compensation simply and without compromise.
• Pay Intelligence to optimize pay with data-driven recommendations.
• PayEquity by beqom to close pay gaps for good and create a culture of fairness.
• Pay Transparency to provide clarity to employees on compensation and performance.

These functional pillars rest on beqom’s enterprise-grade, cost-effective multi-tenant SaaS platform, which provides a unified data foundation, globally certified data privacy and security, streamlined administration, and seamless integration into a company’s HR tech environment.

“beqom has been at the forefront of compensation management innovation since our inception in 2009,” says Tanya Jansen, beqom CMO, “as further evidenced by our recent acquisition of PayAnalytics, a provider of cutting edge pay equity and workplace equity software. We welcome the continued recognition from Constellation which validates that we are on the right path in helping companies thrive by unlocking the full potential of their talent.” 

Listing beqom as one of "six solutions to know," the Constellation ShortList for Compensation Management notes that, “Because employee cost is the top cost category in almost all industries, enterprises need to raise the level of how they measure, plan, and execute compensation management. The sad reality is that in many organizations, compensation decisions are still made by people leaders using Microsoft Excel. With the war for talent waging and the next best (often also better paid) job around the corner, enterprises need to give people leaders better tools to make their compensation decisions more effective.”

“As buyers look to find cost savings amidst an era of exponential efficiency, Constellation’s ShortLists help separate the signal from the marketing noise,” said R “Ray” Wang, CEO and founder at Constellation Research. “Our analysts have taken the time to look at vendors who are delivering on value as well as the pace of innovation that our clients expect.”

Constellation Research advises leaders on leveraging disruptive technologies to achieve business model transformation and streamline business processes. Products and services named to the Constellation ShortList meet the threshold criteria for this category as determined through client inquiries, partner conversations, customer references, vendor selection projects, market share, and internal research. The portfolio is updated at least once per year as the analyst team deems necessary based on market conditions.

Contact beqom for more information.

About beqom

beqom is a purpose-built compensation platform that intuitively gives employers the power to realize comp’s full potential from end to end, every day. We help the world's leading enterprises leverage their talent through complete, equitable, and transparent performance and rewards. 

With unified data, complete pay management solutions, and AI-enabled pay intelligence, beqom enables companies to comply with regulatory requirements, optimize compensation decisions, and achieve better business results.

Disclaimer

Constellation Research does not endorse any solution or service named in its research.