Storytelling About Barley With Jafar Owainati
Welcome to the Use Case Podcast! Today we have Jafar Owainati from Barley, a compensation management platform. We’ll be talking about the use case or business case for why their customers use Barley.
Owainati explains that Excel and Google Sheets are the main competitors for Barley, as many organizations continue to use these spreadsheets to manage compensation. However, Barley provides a more intuitive and simplified solution that reflects what people expect from modern-day software.
While compensation analysts may still use spreadsheets to do their analysis, Barley empowers the entire organization by providing a solution that takes away complexity and shows end-users what they need to do with the right context.
But what exactly is compensation is tied to these days? Owainati notes that pay for performance is still a predominant approach to compensation, but there is a trend of dissociating pay from performance to avoid biasing the performance management process.
He explains that Barley helps organizations structure, analyze, and manage their compensation while keeping a pulse on shifting market trends. By doing so, Barley helps organizations make better decisions around compensation and rewards, which ultimately leads to better retention rates and employee satisfaction.
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