Hello, and welcome to Figures! 🥳 The platform that helps you collaborate effectively and make fair pay decisions. This guide is designed to help you quickly get to grips with our platform.
Access to your account
Create your account or connect to the platform via https://app.figures.hr.
The homepage gives you direct access to modules activated on your account by your company’s admin.
Consult an employee profile
Go to People
Click on an employee's name in the list opens their profile.
There, you can easily track an employee's history, including past salary review campaigns. We are enhancing this section to include more detailed history on salary increases, promotions, and salary range movements.
Master compensation terminations
Salary range alignement
Salary range alignment shows how your employees' salaries compare to their salary range. It tells you what percentage of employees are:
Below their range: Paid less than the minimum of their salary range.
Within their range: Paid within their level’s salary range.
Above their range: Paid more than the maximum of their salary range.
This helps you see at a glance if salaries are aligned with your compensation goals.
Compa-ratio
The compa-ratio is a straightforward tool that helps you see how an employee's salary compared to the mid point of their salary range. Think of it as a way to measure whether you are paying your employees as you intend to according to your salary guidelines.
Compa-Ratio = Employee's Salary / Mid point
It's calculated by dividing the employee’s current salary by the mid point of their range. This ratio helps you see if an employee is paid below, at, or above your intended target for their role.
What do the numbers mean?
Compa-ratio of 1.00: The employee is paid exactly at the target.
Above 1.00: The employee is paid more than the target.
Below 1.00: The employee is paid less than the target.
Adjustment budget required
The adjustment budget required shows the total amount needed to raise all employees' salaries to the minimum of their respective salary range (excluding employer taxes). This helps you understand the financial investment needed to meet your salary targets.
Position in range
The pink rectangle represents the employee salary band, based on their position and seniority level, and its four quartiles.
The red dot represents the employee's position in the salary band.
In the example above:
The transparent dot shows the employee's previous position: the employee was previously paid at the minimum of the salary range for their profile.
The red dot shows the employee's new position after the salary review: the employee is now positioned at the first quartile of this salary range.
Performance
If your HR team has provided employee performance indicators, you will be able to access this information within our modules. Here is the performance scale:
Outstanding results
Above expectations
Meets expectations
Below expectations
Compensation Review
To access the Compensation Review module, click here.
You will only have access to this module if your company has subscribed to it and granted you access.
To fully understand the compensation review module, please watch the video and read carefully our guide How to get started with Compensation Review as a manager.
Salary Bands
To access the Salary bands module, click here.
You will only have access to this module if your company has subscribed to it and granted you access.
In the main tab of the Salary Bands module, you can view all salary bands organized by job and location. Employees are placed within the salary bands that match their seniority level for their specific role and location.
Filter your research
You can tailor the view of the salary bands by applying filters to focus on the most relevant information:
Search Bar: Use the search bar to display salary bands for a specific job family, location, or seniority level.
Filters: Click on “Filters” to select and display only the salary bands that interest you.
Zoom on an employee profile
To learn more about an employee, hover your mouse over the icon representing them. You will then see the following information:
Their base salary
Their position within the salary range
Their compa-ratio
Their performance indicator
Open an understand a salary range
Difference between salary band and salary range
Salary Band: represents the ranges group of salaries for a specific job and location, segmented by levels of seniority.
Salary Range: refers to the salary spectrum within a salary band for a particular seniority level.
Open a band or a range:
Click on the 3 dots to the right of the band you are interested in.
Select whether you want to see the whole band for this job/location or whether you only want to open the range corresponding to the specific seniority level in this band.
Pink Box: represents the salary range. If an employee's salary falls outside this box, it indicates they are either underpaid or overpaid compared to their designated salary range.
Min: represents the minimum salary your employees should be paid to fit within their range.
Max: represents the maximum salary an employee should receive within their range to stay within the limits.
Midpoint: represents the salary an employee should receive to be positioned in the middle of their salary range.
These indicators help ensure fairness and consistency among employees within the same range.
Analytics
The Analytics tab dynamically adjusts based on the view selected in the 'Overview'. You can access analyses for the entire workforce or focus on a specific salary band.
You can also adjust the view directly in the tab using the filter bar.
Best practices
Communication
If you have any questions, concerns or needs, contact your HR team. They are in contact with our teams and receive personalized assistance with any request.
Choice of review criteria
Be fair and consistent in the application of increases and adjustments. Consult your HR team to learn about your company's overall remuneration policy.
Support and ressources
🛟 For technical support, please visit our help center or contact our team at [email protected]
📚 You can also find all the resources you need on our website, in the resources section, such as this Special managers' guide to employee pay.
📺 Take part in Figures webinars to find out more about Salary Reviews.