Case Study: How Chronosphere cut its compensation cycle to three weeks and built bands across 19 countries with Pave

Key results

The challenge

Following an acquisition, Chronosphere needed to design and implement compensation bands across 19 countries quickly and accurately. Its existing compensation planning cycle took about two months.

The solution

Chronosphere used Pave to build global compensation bands and run its planning cycles from a single system.

The results, in context

Chronosphere reduced its compensation planning cycle from two months to three weeks and stood up compensation bands across 19 countries in weeks rather than months. The team credited Pave with helping it move quickly through post-acquisition compensation decisions without sacrificing accuracy.

Products used