Pay structure
Salary components and benefits, pay bands, compa-ratio, currencies and market benchmarks.
- How Evenpay calculates payMonthly storage, pay periods per year, one-time pay, FTE, and what counts toward totals and bands.
- Setting up salary components and benefitsDefine the pay elements your organisation uses, and assign them to positions or employees.
- Value shapes: ranges, units, in-kind benefits and equityThe six ways a component's value can be defined, and how each one enters pay analysis.
- Formulas for components and bandsCalculate a component's value or a pay band value with a formula, and set fallbacks.
- Creating pay band rulesDefine pay bands with rules that match positions by family, level, location and more.
- Generating and adjusting pay bandsCreate pay bands from your data in one go, and raise or lower many bands at once.
- Compa-ratio and band positionHow compa-ratio is calculated, what the zones mean, and why it can be blank.
- Exchange rates and multiple currenciesHow Evenpay converts pay between currencies using daily ECB exchange rates.
- Market benchmarksBring your own salary survey data into Evenpay and map it to your levels and positions.