CartaTotal

CartaTotal is a comprehensive compensation management tool designed to help businesses create fair and competitive compensation plans. It leverages real-time data from a vast network of employees to generate market-driven benchmarks for salaries and equity. By inputting job details, company valuation, and location, users can create precise compensation bands for various roles. The platform uses machine learning to analyze compensation trends, ensuring that recommendations are realistic and aligned with market standards.

Key features of CartaTotal include the ability to automate compensation bands, allowing companies to easily adjust pay scales across different roles and levels. This helps in identifying areas where pay may be above or below market rates, enabling informed decisions to maintain competitiveness and reduce attrition risk. Additionally, the platform supports customization, allowing businesses to set specific market positions for different types of compensation, such as salary and equity.

By utilizing CartaTotal, companies can streamline their compensation planning process, ensuring that employee compensation is both fair and aligned with industry standards. This approach helps in attracting and retaining talent without overspending, making it a valuable tool for HR and finance teams seeking to optimize their compensation strategies.