CandorIQ

?? Pay Increases Shouldn’t Be Reserved for the Squeaky Wheel ?? Haris Ikram shared a common challenge: the squeaky wheel often ends up being the highest paid in their pay range. It’s not always intentional—they might not even realize where they stand in terms of pay or performance. That’s where analytics and reporting come into play. Haris suggests looking at key data points, such as: ? Employee start date and tenure ? Time since last promotion or pay increase ? Equity status (e.g., how close they are to full vesting) ? Position within the pay band By analyzing these factors alongside performance, HR leaders can make more informed decisions and address disparities before they become churn risks. For example, in Haris’s tool, CandorIQ (which we’re big fans of!), managers, department heads, and HR leaders get clear insights at both the company and team levels. It doesn’t just make data accessible—it proactively flags key issues like: ? A top performer nearing full equity vesting ? Someone who hasn’t had a pay change in over two years This kind of proactive approach helps ensure that pay increases are tied to performance and equity, not just noise. ____ ?? Get more insights like this delivered directly to your inbox. Sign up for our weekly newsletter in the comments.

A few things we pride ourselves on at CandorIQ: ?? Great partnerships ?? A smarter, not harder approach ?? Efficiencies that make sense financially (for us and our clients) All three of those things tie directly into why we've partnered with Finch since our earliest days. They're good at what they do, our clients need access to the tools they allow us to tap into, and it's a partnership that's saved us time and money in ways we can pass along directly to our customers. ?? Learn more about why we work with Finch and some of the ways it's helped us accelerate our platform by reading their case study (link in the comments??).

What happens when a CFO and VP of People literally work shoulder-to-shoulder? ?Magic? Or at least that's how it felt earlier this week when Altruist's Marc Greenberg and Katherine Starros joined Haris Ikram for our webinar about HR and Finance collaboration. The two functions have evolved significantly over the years and are more strategic than ever. Katherine said, "HR [used to be] kind of a ‘dirty word.’ It’s gone from paper pushing and tactical tasks to a truly strategic function, especially in a tech company.” The webinar was full of insights and inspiration. See the full episode here: https://lnkd.in/gqdyCk2X Or read the recap on the blog (link in comments??).

There were so many great takeaways from this morning's webinar with Altruist's VP of People & CFO, but this clip does a great job highlighting a shared responsibility of the HR and Finance functions. → Identify the broader goals of the company → Hire people you trust to get it done → Earn their trust by communicating the right context & information → Actually trust them to get it done ?? See those people achieve those company-level goals As Marc simplified it: "Context over control" Watch the full conversation with Katherine S., Marc Greenberg, & Haris Ikram now here: https://lnkd.in/gqdyCk2X

Join Haris Ikram, Co-Founder of CandorIQ, along with Katherine Starros, VP of People, and Marc Greenberg, CFO at Altruist, for an engaging discussion on the collaboration between HR and Finance. Discover how CFOs and CHROs can navigate their overlapping responsibilities to foster a positive workplace culture while driving business success. Learn actionable strategies to align people and financial goals, optimize resources, and create a thriving organization.

More exciting news to start off the week: Matthew Almazan is joining the team! ?? Matt is joining Allison Means as a founding AE, helping identify and bring in great new clients and introduce HR leaders all over to CandorIQ. Join us in giving Matt a warm welcome! ??

??The end of the year is in sight, your employees are probably thinking about bonuses or maybe looking ahead to a new year raise and promotion.?? ...But for many SMBs right now, budgets are pretty tight. How do you balance keeping employees happy and feeling appreciated with limited financial resources? There's no one-size-fits-all solution for every company, but there are a few strategies any company should consider. Check out our latest blog for some reminders and inspiration: How to Effectively Plan Merit Increases and Bonuses in a Tight Budget Environment ??Link in the comments.

We've moved back next week's webinar by one hour. ?? Be sure to RSVP for the new event below, you don't want to miss it! -------- HR ?? Finance These two teams are the behind-the-scenes backbones of every organization. If you want anything to be done efficiently and effectively, you need them to work well together. We couldn't be more excited to host Altruist's VP of People Katherine S. and CFO Marc Greenberg on next week's webinar. Haris Ikram will be asking about where their roles crossover, challenges they face, and some of their best practices for maximizing collaboration to drive business impact. RSVP below to join us live next week, or watch it later on your own time. ????

Today is a great day at CandorIQ because it's Allison Means' first day on the team! ?? Allison is joining from the East Coast as our founding AE and brings tons of experience in HR tech. Please give her a warm welcome!

How AI is impacting the workforce has been a hot topic for a while now, usually along the lines of fears like "Will AI take my job?" But at CandorIQ, we tend to geek out about compensation and workforce planning. So—naturally—we've been thinking a lot about how AI is changing compensation and total rewards. The big headlines highlight AI giants like OpenAI (we write a lot about their approach with PPUs on our blog), but high demand for niche AI roles is impacting many small and growing businesses too. We sat down with one of our advisors, Emily Witko, to learn more about their approach to attracting and retaining talent at AI startup Hugging Face. Find the link in the comments below to read Emily's thoughts.????