Set up Compensation

15Five Compensation is an all-in-one compensation solution powered by Comprehensive. 15Five Compensation helps you save time, avoid costly errors from spreadsheets, and increase alignment on pay decisions across HR, Finance, Executives, and Managers. And since it all lives within 15Five, you can tie your performance reviews and compensation reviews together to improve employee retention and ensure that your valuable compensation dollars are being spent effectively.

In this article, you will learn...

Access and availability

👥 This article is relevant to Account admins.
📦 This feature is available in all pricing packages.


Integration functionalities and workflow

Functionalities

The following tools are available in 15Five Compensation:

Compensation reviews

Run compensation review cycles leveraging 15Five performance data to make informed compensation decisions that reward strong performance and retain top talent.

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Pay Ranges

Simplify the storage, editing, and sharing of pay bands from a single, reliable source-of-truth. See how employees compare against your pay bands to ensure consistency and fairness in compensation across your organization.

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Real-time Benchmarking

Gain a competitive edge by accessing real-time compensation data from over 5,000 companies. Stay ahead of industry trends and ensure your compensation strategy remains competitive.

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Total Rewards Dashboards

Empower your employees with a holistic view of their complete compensation package, including the value of equity and benefits. Foster trust and engagement by providing a clear picture of their overall rewards.

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Workflow

Check out our walkthrough video below to learn more about how Compensation works:


Purchase Compensation

To purchase Compensation, please fill out this form and a member of 15Five's Sales Team will be in contact.

Once you've purchased Compensation, the Compensation feature will appear in 15Five's main left-hand navigation of all admins. If desired, you can extend visibility in Compensation feature settings.
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Manage Compensation feature settings

Account admins can manage Compensation feature settings by following the steps below:

  1. Click on the settings gear in the top, right-hand corner of your 15Five account.
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  2. Select 'Features' from the dropdown menu.
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  3. Scroll to the bottom of the page and click on "Compensation."
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  4. From this page, you can customize who has access to Compensation. Options are: Admins only, Admins and Managers, and Everyone.
  5. If desired, you can also disable the Compensation feature by selecting the "Disable" option. Disabling Compensation will remove it from users' 15Five navigation. Your historical data will be preserved and available upon reactivation.
  6. When you're done, click Save.
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Request support

For additional support or questions, please contact support@15five.com.


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