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Syndio

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Last updated on

Company health

Employee growth
2% increase in the last year
Web traffic
24% decrease in the last quarter
Financing
April 2021 - $83M

Ratings

G2
4.5/5
(5)
Glassdoor
4.3/5
(25)

Syndio description

Syndio is a leading software platform that helps large companies ensure they are paying their employees fairly. Using Syndio, HR departments can analyze pay data to find and fix pay gaps, get recommendations on salaries for new hires, and ensure they are meeting pay transparency laws. Syndio also helps companies communicate their pay practices clearly to their employees.


Who is Syndio best for

Syndio is ideal for large, global companies that need to ensure pay equity and transparency. We find that the solution is most effective for medium to large enterprises. The product is particularly well-suited for companies in industries such as finance, tech, and healthcare, where regulatory compliance and employee satisfaction are paramount.

  • Perfect for mid-sized businesses to large enterprises seeking to establish transparent, equitable compensation practices.

  • In our experience, Syndio is a great fit for tech, finance, and healthcare, where pay equity and transparency are increasingly critical.


Syndio features

Supported

Pay Recommendations: Provides clear pay recommendations to save money and ensure consistent compensation decisions.

Supported

Pay Equity Analysis: Helps understand and proactively mitigate pay disparities based on gender, race/ethnicity, age, or any other demographic.

Supported

Pay Gap Analysis: Analyzes compensation data to identify and quantify pay gaps, helping organizations understand the extent and nature of pay disparities.

Supported

Proactive Pay Equity Adjustments: Facilitates proactive pay equity adjustments. By simulating the impact of various adjustments, organizations can identify the most effective strategies to close pay gaps and achieve equity.

Supported

Pay Equity Reporting and Analytics: Offers comprehensive and real-time insights into pay equity and compensation trends, enabling data-driven decision-making.

Supported

Fair and Transparent Compensation Decisions: Empowers organizations to make informed, fair, and transparent compensation decisions, fostering trust and equity within the workforce.

Supported

Ongoing Pay Equity Monitoring: Helps maintain pay equity over time by monitoring ongoing pay practices and identifying potential disparities as they emerge.


Syndio alternatives

  • Logo of Sysarb
    Sysarb
    Analyzes pay equity, identifies gaps, and promotes fair compensation.
    Read more
  • Logo of gradar
    gradar
    Map, manage, and benchmark job roles and salaries for fair pay.
    Read more
  • Logo of OpenComp
    OpenComp
    Fair, transparent pay insights for smarter compensation.
    Read more
  • Logo of Sequoia
    Sequoia
    Global benefits and compensation management for happier workforces.
    Read more
  • Logo of Aeqium
    Aeqium
    Fair, transparent compensation management, simplified.
    Read more
  • Logo of Kolay iK
    Kolay iK
    Easy HR management software for payroll, performance, and more.
    Read more

Syndio FAQ

  • What is Syndio and what does Syndio do?

    We find that Syndio is a helpful platform that analyzes pay data to identify and address pay gaps. It provides recommendations for fair salaries, helps ensure pay transparency, and assists with communication about pay practices within organizations.

  • How does Syndio integrate with other tools?

    Syndio integrates with HRIS systems like Workday and BambooHR, streamlining data transfer for pay equity analysis. It also connects with payroll systems for efficient compensation management. This allows for seamless data flow and analysis.

  • What the main competitors of Syndio?

    We find that Syndio's main competitors include Payfactors, Salary.com, and Payscale. These platforms offer similar compensation management and pay equity analysis features. For global benefits and compensation, Sequoia is also a strong competitor.

  • Is Syndio legit?

    Yes, Syndio is a legitimate platform. We find that it receives positive ratings (4.5/5 on G2, 4.3/5 on Glassdoor) and helps companies analyze and address pay equity. It's a valuable tool for ensuring fair compensation.

  • How much does Syndio cost?

    Syndio does not publicly disclose pricing information. Contact their sales team for a customized quote based on your company's specific needs.

  • Is Syndio customer service good?

    We find that Syndio's customer service is highly regarded. Users praise the attentiveness and expertise of their support team, describing them as helpful partners. They appreciate the guidance and educational resources provided.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.