Case Study: PayFit closes compensation data gaps with Ravio

PayFit cuts benchmark prep time from 3-4 hours to 30 minutes with Ravio

PayFit, a Paris-based HR Tech/SaaS company, faced challenges in obtaining reliable and comprehensive compensation benchmarking data for its workforce across European markets, particularly for emerging tech roles and locations like Spain and the UK. Their previous providers offered poor data coverage, lacked flexibility, and required manual data extraction. This made it difficult for PayFit's lean compensation team, led by Clara Nicolas, to make confident and defensible pay decisions. They turned to the vendor Ravio and its benchmarking service to address these gaps.

By implementing Ravio's benchmarking solution, PayFit gained access to robust, exportable data with better coverage for key markets and emerging roles. The solution significantly reduced the time required to prepare benchmark data from 3-4 hours to just 30 minutes. Ravio's data, used alongside their existing provider, allowed for cross-referencing and increased the team's confidence in their compensation data from a 7 to a 9 out of 10. This also improved their ability to defend compensation decisions to leadership and provided higher quality data for stakeholder briefings.

PayFit