Compensation
The Compensation settings page controls how salary and benefits data is structured in Evenpay. Navigate there via Settings → Compensation. The page has four tabs: Salary Components, Benefits, Salary Bands, and Exchange Rates.
Salary Components
Salary components define the categories of pay used in your organization. They are used for mapping data from integrations and for calculating total compensation. Each component has several configuration options:
Column | What it controls |
Type | Recurring (paid regularly) or One-time (paid as a lump sum) |
Group | Category: Fixed Compensation, Variable Pay, Benefits, or Ungrouped |
Status | Whether this component is active in your organization |
Include in Total | Whether this component is counted in the total compensation figure used for analysis |
Include in Salary Band | Whether this component is included when determining salary band position |
FTE Adjust | Whether this component is adjusted for full-time equivalence before analysis. If you have imported full-time equivalent salaries, you don't need to FTE adjust them.If |
The default salary components are:
Component | Type | Group |
Base Salary | Recurring | Fixed Compensation |
Performance Salary | Recurring | Variable Pay |
Bonuses | One-time | Variable Pay |
Benefits | Benefit | Benefits |
Other | One-time | Ungrouped |
You can add custom components using the + Add Custom Component button.
Benefits
The Benefits tab defines the non-salary benefits available in your organization, with default monetary values. These can be overridden for specific positions or employees. Benefits are organized by category (Transport, Wellness, Insurance, Technology).
Default benefits include: Company Car, Gym Membership, Health Insurance, Meal Vouchers, Pension Plan, and Phone Benefit. Each benefit can be toggled active/inactive, and you control whether it's included in total compensation or salary band calculations. Click + Add Benefit to create additional benefit types.
If you base salary already includes fringe benefits, but you want to list employee specific benefits with monetary value in Evenpay, choose to not include benefits in Total to avoid double calculation.
Salary Bands
The Salary Bands tab controls how salary bands are resolved when a position doesn't have its own band defined directly.
Enable inheritance — when on, positions can inherit salary bands from their job level or job grade. This is on by default and recommended, as it means you only need to define bands at the job level or grade level rather than for every individual position.
Default band source — controls the fallback order when a position has no direct band:
Option | Behavior |
Auto (cascade) | Uses position-specific band first, then falls back to Job Level, then Job Grade. Recommended default. |
Position-specific only | Only uses bands defined directly on the position — no inheritance |
Job Level | Always uses the job level band |
Job Grade | Always uses the job grade band |
The cascade order is: Position → Job Level → Job Grade. The first level with a salary band defined is used.
Exchange Rates
Evenpay fetches daily exchange rates from the European Central Bank (ECB) for multi-currency salary comparison. These rates are applied automatically when comparing salaries across currencies in pay equity analysis and compa ratio calculations.
The Exchange Rates tab shows your organization's base currency, the rate source, the last update date, and current rates for all supported currencies. Click Sync Now to force an immediate refresh outside of the daily automatic update.
No configuration is required — rates update automatically. The key setting that affects this is your Organization Currency, which is set under Settings → Organization → Company.
Updated on: 08/04/2026
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