Pequity
2 Case Studies
A Pequity Case Study
May Mobility, a company in the autonomous vehicle industry, faced significant challenges in managing its compensation cycles as it grew rapidly. The people team was spending excessive time on manual, error-prone spreadsheet processes for merit increases and promotions, which also struggled to maintain data accuracy. To address this, they partnered with the vendor Pequity to implement its Comp Cycle product and streamline their compensation planning.
Pequity configured a custom compensation cycle process for May Mobility, which included automated planning logic and instant reward letter generation. This solution delivered an 85% reduction in the time spent generating reward letters, cutting the process from two weeks down to just two days. Pequity’s platform also increased transparency and trust in the compensation process, freeing the team to focus on more strategic initiatives.
Tom Tang
Chief People Officer