The right compensation management
tool for budgeting and forecasting

See compensation data at a glance and plan for the future.

Analyze salaries expenses by organization, department, and role;
Optimize compensation budgets using Mirro’s insights to ensure efficient use of resources;
Stay on top of salary indicators such as median, minimum, maximum, 25%, and 75% percentile;
Compensation analytics & benchmarking are at your fingertips for informed salary planning and adjustments;
Analyze employee historical compensation data, performance metrics, and OKRs progress to improve compensation structures;
Manages salaries through data visualization to get clarity, identify patterns, and use comparative analysis to improve your compensation structures;
Export salary data & reports in multiple currencies.

Fairness

Ensure a diverse, equitable, inclusive, and fair working environment.

See if all employees in the same roles get fair compensation;
Easily identify pay gaps (e.g., diversity-related or new hires vs tenured employees) and reduce pay disparities;
Check Diversity, Equity & Inclusion indicators related to salaries;
Use our compensation management solution to adhere to local and federal labor laws, minimizing legal risks;
Use transparent, objective criteria for salary decisions, reducing biases and ensuring fairness.

Retention & performance

Access valuable data to guide your compensation and benefits offering.

Ensure salaries are competitive, reducing the likelihood of employees leaving for higher-paying roles elsewhere;
Know the pay raises frequency within your company and take preemptive action to avoid turnover;
Analyze whether poor performance is reflected in less frequent salary increases;
Identify and reward top talent, enhancing employee retention;
Attract skilled candidates with competitive compensation packages;
Compare roles and salaries at the individual level.

Time-saving

Get rid of the Excel files and see all data in one place.

Use our compensation analysis software to get accurate, real-time salary data;
Deep dive with easy filtering by period, department, role;
Streamline approval for salary adjustments, ensuring faster decisions;
Generate instant reports and compensation analytics, eliminating the need for manual data compilation;
Centralize employee compensation data, making it easily accessible;
Benefit from a flexible access rights system that allows convenient data sharing with managers.

What is compensation management software, and how can it benefit my organization?

Compensation management software automates and streamlines the process of designing, implementing, and managing employee compensation packages. It benefits your organization by saving time, ensuring fairness and compliance, reducing errors, enhancing transparency, aligning pay with performance, and aiding strategic decision-making for a competitive workforce.

How does compensation management software ensure pay equity across the organization?

Compensation management software ensures pay equity by analyzing and comparing salary data based on role, experience, and location. It identifies disparities, enabling organizations to adjust salaries where necessary, ensuring fair and equal pay for employees in similar roles.

What are the key features to look for when selecting a compensation management tool?

Key features in a compensation management tool include customization options, integration with HR systems, real-time data analytics, and user-friendly interfaces for ease of use.