Case Study: Bolt improves global compensation benchmarking with Ravio

Bolt improves global compensation strategy across 50+ countries with Ravio

Bolt, a global mobility company with over 4,000 employees across 50+ countries, faced challenges in managing its compensation strategy. Its reliance on traditional salary surveys was time-consuming, provided outdated data, and lacked relevant benchmarks for its operational roles and smaller markets. To address this, Bolt adopted Ravio's real-time compensation benchmarking software.

Using Ravio, Bolt gained access to a more relevant dataset from similar tech companies, real-time market trends, and an automated process that saved significant time. The solution provided increased data accuracy, built trust with managers, and offered a cost-efficient pricing model based on headcount. As a result, Bolt is now equipped to stay competitive in diverse markets, offer fair compensation, and quickly respond to industry changes.

Bolt