Comp and Coffee

109: What’s Next for Compensation Technology with Cliff Stevenson

13 snips
Mar 12, 2025
Cliff Stevenson, Director of Research at Sapient Insights Group and an expert in HR technology, dives into the dynamic world of compensation tech. He highlights AI's transformative role, emphasizing its shift from theory to practical solutions for HR professionals. The conversation reveals the importance of real-time data for compensation strategies and how HR anchor systems improve employee experiences. Stevenson also discusses future trends, including the integration of contingent labor markets and user satisfaction in compensation tools.
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INSIGHT

Compensation Software Satisfaction

  • Compensation software users report high satisfaction, rivaled only by onboarding software.
  • This satisfaction stems from good user experiences and access to real-time data, crucial in today's volatile job market.
INSIGHT

HRMS Satisfaction

  • HRMS systems received lower satisfaction scores than compensation software.
  • This could be due to vendors not focusing enough on customer service and support for complex tools.
ADVICE

Clustering for Employee Experience

  • Organizations are clustering HR tech systems to improve employee experience.
  • Focus on data flow, consistent terminology, and ease of use between clustered systems.
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