Stride offers a compensation management platform that integrates with existing HR systems to automate pay analysis and streamline budget oversight, reducing reliance on manual spreadsheets. The solution addresses pay equity and transparency by providing data-driven insights to identify pay gaps and enhance communication between managers and employees.
Funding
$4.6M 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
Many organizations still rely on manual spreadsheets and disparate systems for compensation management, leading to inefficiencies, errors, and a lack of transparency in pay decisions. This can result in pay inequities, compliance risks, and difficulties in aligning compensation with overall business strategy.
Solution
Stride is a compensation management platform that centralizes and automates the compensation planning process, integrating with existing HRIS systems to provide a single source of truth for compensation data. The platform offers data-driven insights to identify and address pay gaps, promote pay equity, and ensure compliance. Stride streamlines workflows, reduces administrative burden, and empowers managers with the information they need to make informed pay decisions and communicate effectively with employees about their total rewards. By automating pay analysis and budget oversight, Stride enables organizations to optimize their compensation strategy, improve employee retention, and drive business performance.
Target Audience
Stride is designed for HR leaders, compensation professionals, financial analysts, and managers in organizations of all sizes who are looking to streamline their compensation processes, ensure pay equity, and improve employee engagement.
Features
- Automated pay analysis to identify pay gaps and ensure equitable compensation
- Budgeting tools to manage and track compensation expenses throughout the salary review process
- Customizable reporting to tailor insights to specific business needs
- Integration with existing HRIS systems for seamless data synchronization
- Collaborative approval workflows to streamline the compensation review process
- Transparent communication portals to enhance understanding of total rewards
- AI-powered insights to support data-driven decision-making
- Role-based access control to ensure data security and compliance