Barley is a compensation management platform that centralizes pay bands, compensation reviews, and analytics to enable HR teams to make data-driven and equitable compensation decisions. By streamlining these processes, Barley reduces compensation cycle time by 2-4 weeks and cuts overall spending by an average of 10%.
Funding
$4M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
HR and total rewards teams often struggle with disparate systems and manual processes for managing compensation, leading to inefficiencies and potential inequities. Spreadsheets and outdated methods make it difficult to maintain accurate pay bands, conduct fair compensation reviews, and gain proactive insights into pay issues.
Solution
Barley is a compensation management platform that centralizes pay bands, compensation reviews, and analytics, enabling HR teams to make data-driven and equitable compensation decisions. The platform streamlines compensation processes, from building and visualizing salary bands to launching and running compensation reviews, all in one unified solution. By integrating with HRIS and ATS systems, Barley centralizes employee compensation data, providing a single source of truth for compensation management. The platform also offers features for pay equity analysis, benchmarking, and total rewards communication, helping companies identify and close pay gaps while effectively communicating the full value of employee compensation packages.
Target Audience
Barley is designed for HR and total rewards teams looking to streamline compensation processes, make data-driven decisions, and ensure pay equity within their organizations.
Features
- Centralized platform for managing pay bands, compensation reviews, and analytics
- Flexible platform that supports unique approaches to compensation
- Streamlined compensation review process with built-in guidelines and budgets
- Proactive compensation analytics to expose pay issues and provide actionable insights
- Pay equity analysis to quickly identify and close pay gaps
- Integration with Mercer Comptryx for access to global market data
- Total Rewards portal to effectively communicate the value of salary, equity, and benefits
- HRIS and ATS integrations to centralize employee compensation data