Compete

We're excited to announce the launch of our 30-day FREE trial! 🎉 Now, any tech company can access our real-time compensation benchmarks from over 300 companies, along with insights on benefits, to stay ahead of the market. Get started >> https://shorturl.at/vyJQW

Right People, Right Seats: Beyond Compensation - A Strategy for Success 🚀 In today’s fast-paced business world, having the right people in the right seats is more than just a compensation plan. It’s about strategically aligning talent with your company’s objectives. 🎯 A key question: what’s the right balance between junior and senior talent? 🤔  - Too many juniors can stretch your training resources 📚   - Too few may limit innovation and fresh ideas 💡   - Too many seniors might drive up costs without the agility needed for growth 💸 Striking the right balance is critical for building an effective team, and the ideal ratio depends on your department, industry, and business model. ⚖️ At the heart of this approach is data-driven headcount planning. 📊 With Compete's SWP you can:  - Analyze team composition across companies, roles, and levels 📈   - Build or optimize teams to match your strategic goals 🏗️   - Ensure your workforce is balanced, efficient, and ready to drive success 💼 By unlocking the right mix of skills and experience, you can build teams that don’t just meet headcount but are designed to excel. 💪 P.S: The data below is just for demonstration - We have the real numbers 😉 #PeopleStrategy #WorkforcePlanning #Leadership #HRTech #BusinessStrategy #Growth

Merit cycles can be a real challenge 💡 CHROs, CFOs, HRBPs, management—everyone is involved in this lengthy process. But why does it take so long? 🤔 👉 Because there are countless factors to consider to ensure the best outcome. If not managed well, merit cycles can lead to regrettable terminations and feelings of unfairness among employees. This can push your top talent to leave faster than expected. That's why we at Compete are dedicated to helping our customers understand how their decision-making impacts internal fairness and other key outcomes 🌟 💜 🚀 Visualizing the outcomes of the merit cycle is a game-changer for decision-makers, benefiting everyone—especially the talent you want to keep. Let’s navigate your merit cycle to build a fairer workplace that values and retains your top talent. #MeritCycle #CompensationStrategy #TalentRetention #FairnessMatters #HRLeadership #EmployeeExperience #CHRO #CFO #HRBP #PeopleFirst

🤔 How many Full Stack Engineers should you have? 📊 The power of data lies in transforming raw numbers into valuable and actionable insights. Let's talk about how role distribution can guide your workforce planning. At Compete (and yes, we're not just a Benchmark platform 😎 ), we help companies unlock the secrets of Strategic Workforce Planning by showing how their headcount and role distribution compare to industry standards. 👨💻 For example, Full Stack Engineers are essential in almost every tech company, but their proportion shifts as companies grow. In startups with fewer than 50 employees, 18% of the team consists of Full Stack Engineers. For companies with 251-1,000 employees, that number drops to just 7.58%. 📈 A similar trend applies to Mobile Engineers. They make up 9.64% of teams in smaller companies (<50 employees), but only 2.95% in companies with 251-1,000 employees. Make sure you have the right people in the right seats – and crush it! 🚀 P.S. The MyCo data is fake 😉 #WorkforcePlanning #DataDriven #TechInsights #StrategicPlanning #GrowthStrategy

If you could only know what other people are looking for - then you might be able to identify the trend before it's a thing ✨ We at Compete, empower our customers to see what their competitors are searching for. Why is that important? -Imagine you know which roles your competitors are looking for before they open a new requisition- you can decide to speed up your hiring processes, update the people budget accordingly or even to postpone your hiring until the 'trend' changes. For example- the search for Mobile development roles increased by 64% and Employer branding by 50%, during the last 30 days 📈 On the flip side- the search for Finance executive roles dropped by 33% - continuing the trend seen in the last 180 days 📉 Don't just "run blindly" and do your tasks. Ensure you have data to support your decisions and your day2day initiatives. Crush it! 🚀

How many HRBPs do I need? 🤔 ...Well- we have the answer! 🎉 Thanks to the data that we have at Compete and our new platform - Strategic Workforce Planning (spoiler 😉 ), it's crystal clear that the ratio between HRBP to the number of your employees is lower the bigger the company is. There are almost 2 HRBPs per 100 employees in a 100 ppl company rather than only 1 HRBP per 100 employees in a 1,000 ppl company. Wanna learn what's the right ratio between MQA and Developers? and what's the ratio for Product Managers? Contact me, and I would be happy to share more info. Don't forget to tag your HRBP to ensure they are not understaffed 💪 #hrtech #workforceplanning #idealratio

Exciting News! AI Benchmark Enrichment in New Regions! 🎉 We're thrilled to announce some major enhancements to our benchmarking capabilities! What's New? 🌟 🔹 AI-Generated Benchmarks: Access global reliable benchmarks, thanks to our advanced AI and trusted salary data sources, we ensure you never miss a beat. 🔹Additional Regions: We are expanding our reach! New benchmarks are now available for the US, UK, AUS, Ukraine, and Singapore. This expansion allows us to provide more comprehensive and localized insights to better serve your needs. Take advantage of our 14-day free trial and try it yourself! 🚀 https://lnkd.in/dAETqqNG #Benchmarking #SalaryData #AI #DataInnovation #GlobalExpansion #HRTech

Should we recruit now, or wait for the next funding round? 🤔💰 If this dilemma rings a bell, you have to check out our new report! Effective HR and finance decision-making is crucial, especially in hiring mid-level and management roles. In our latest report, we've analyzed average salary differences across funding rounds and teamed up with iTalent - Hire Smarter and TLV Partners to provide valuable salary and hiring insights for highly sought-after technical roles. Download the report here >> https://bit.ly/3XPQOmy

What do you get when you combine talent sourcing and compensation data? A FULL house! ✨ Today, we partnered with iTalent - Hire Smarter to host their flagship Sourcing Expert workshop led by the amazing Hadas Rosenthal, and explored how to leverage Compete’s real-time salary benchmarks to enhance hiring strategies. Want FREE access to Compete?🚀 Join our 30-day trial today >> https://shorturl.at/GD4xm

Tech’s gender gap: representation isn’t enough without equal pay. A new report published by Compete, in partnership with Power in Diversity, Viola Group and Meitar Law Offices, shows that Israel’s tech sector is still rife with gender disparity particularly in executive roles and seed stage companies with a persistent wage gap. Compete Power in Diversity Meitar | Law Offices Viola Capital Group Yael Greenberger Noa Gadot 🎗️ Jeff Shapiro Sim Koevary