Case Study: Tandems cuts merit cycle time from 3 months to 3 weeks with CandorIQ

Tandems cuts merit cycle time from 3 months to 3 weeks with CandorIQ

Tandems, a financial services firm, faced a significant challenge with its highly manual and time-consuming merit cycle process. Their HR team spent months collecting data, holding alignment meetings, and manually calibrating compensation in spreadsheets. To address pain points like retaining top talent and improving data confidence, they partnered with CandorIQ and its compensation platform.

CandorIQ’s solution provided tools for budgeting scenarios, compa-ratio analysis, and automated letter generation. This streamlined the entire process, drastically improving collaboration and visibility. The results were substantial: Tandems cut its merit cycle time from three months to just three weeks, saved five weeks of leadership time, and reclaimed 240 hours of strategic work for the HR team. CandorIQ enabled Tandems to achieve a more equitable and efficient compensation program.

Tandems