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Beqom Announces Its Acquisition Of Payanalytics, Solidifying Its Position As The First Advanced Platform For Pay Equity And Total Compensation

PRIVATEDec 12, 2023

Acquiring Company

beqom

Acquired Company

PayAnalytics

NyonReykjavikSoftwareSaaSEnterprise SoftwareHuman ResourcesEmployee BenefitsSoftware DevelopmentHuman Resources

Description

beqom, a provider of compensation and performance management solutions, announced today it will acquire PayAnalytics, a cutting edge pay and workplace equity software provider. The global movement toward workplace equality has made it imperative for organizations to address wage gap challenges head on, for both competitive and regulatory reasons. beqom's acquisition of PayAnalytics means that companies can now embed pay equity into their compensation processes and daily decision-making, to create a culture of fair pay, build on a data-driven compensation strategy, and meet global pay equity regulatory requirements. The acquisition positions beqom uniquely in the market as provider of the most complete advanced total compensation and pay equity solution.

Quick answer

beqom is acquiring PayAnalytics, announced December 12, 2023. beqom is based in Nyon, Vaud, Switzerland.

How much did beqom pay for PayAnalytics?
The deal value was not disclosed.
What does beqom do?
beqom’s mission is to create a happy, high-performing workforce by transforming and unifying your compensation and performance processes.
Where are beqom and PayAnalytics based?
beqom is based in Nyon, Vaud, Switzerland. PayAnalytics is based in Reykjavik, Capital Region, Iceland.

Source: Fundz verified event record.

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Company Information

Company

beqom

Location

Nyon, Vaud, Switzerland

About

beqom’s mission is to create a happy, high-performing workforce by transforming and unifying your compensation and performance processes. With beqom’s continuous performance and total rewards solution, you can offer personalized rewards that align with real-time performance data, peer feedback, skills, behaviors, and goals. beqom unifies and simplifies all reward processes on a single platform and empowers a vibrant culture of feedback and coaching, resulting in fair and effective compensation aligned with performance outcomes. Meaningful rewards combined with employee ownership of their performance journey engage your people and provide a sense of purpose. Thus, beqom supports an energized workforce, a strong employer brand, improved retention, and a high-performance culture, while ensuring continuous improvement, optimized costs, transparency, fairness, compliance, and better business results.

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Frequently asked

Who acquired PayAnalytics?

PayAnalytics was acquired by beqom, based in Nyon. The deal was reported on December 12, 2023. beqom’s mission is to create a happy, high-performing workforce by transforming and unifying your compensation and performance processes. beqom is privately held and operates in Software.

When did beqom acquire PayAnalytics?

beqom's acquisition of PayAnalytics was reported on December 12, 2023. beqom, a provider of compensation and performance management solutions, announced today it will acquire PayAnalytics, a cutting edge pay and workplace equity software provider. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does PayAnalytics do?

PayAnalytics makes compensation analytics software that helps companies monitor and address gender pay gaps, by bringing transparency and consistency to their pay structure. It is privately held, operating in Human Resources, and is based in Reykjavik.

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