--- title: What is Pequity all about?  description: Pequity is a compensation planning platform built for HR and Total Rewards teams. It gives you one place to manage everything, from loading your employee data and pay ranges, to running merit cycles, bonuses, and equity refreshes, to putting the right information in front of the right people at the right time. --- [Skip to content](https://helpcenter.pequity.com/support/pequity-overview#main-content) English Show submenu for translations [More support](https://helpcenter.pequity.com/support/kb-tickets/new?hsLang=en) ![Logo (1)](https://helpcenter.pequity.com/hs-fs/hubfs/Logo%20(1).png?width=202&height=50&name=Logo%20(1).png) - [Pequity](https://pequity.com/) - [Platform](https://pequity.com/solutions) - [Blog](https://blog.pequity.com/) - [Login](https://pequity.app/login) - [Get a demo](https://pequity.com/contact) Open main navigation Close main navigation - [Pequity](https://pequity.com/) - [Platform](https://pequity.com/solutions) - [Blog](https://blog.pequity.com/) - [Login](https://pequity.app/login) - [Get a demo](https://pequity.com/contact) - English Show submenu for translations - [More support](https://helpcenter.pequity.com/support/kb-tickets/new) - Contact us Contact us How can we help you? - There are no suggestions because the search field is empty. 1. [Support Center](https://helpcenter.pequity.com/support?hsLang=en) 2. [Getting Started with Pequity](https://helpcenter.pequity.com/support/getting-started-with-pequity?hsLang=en) # What is Pequity all about? ## Pequity is a compensation planning platform built for HR and Total Rewards teams. It gives you one place to manage everything, from loading your employee data and pay ranges, to running merit cycles, bonuses, and equity refreshes, to putting the right information in front of the right people at the right time. **![](https://a.slack-edge.com/production-standard-emoji-assets/16.0/apple-medium/1f3c1@2x.png) Start Here: Your Employee Data** Before you kick off any comp cycle, you'll want to make sure the platform knows who your employees are (their names, job levels, locations, and teams.) All of this lives in the **People Page**, your organization's central employee roster inside Pequity. You can get your data in two ways: - **Upload a CSV** — a quick way to get started - **Connect your HRIS** — Pequity integrates with ADP, Workday, BambooHR, UKG, and more > ![](https://a.slack-edge.com/production-standard-emoji-assets/16.0/apple-medium/1f4a1@2x.png) **Pro Tip:** Load your **pay ranges** into the Ranges Tool so Pequity can show managers exactly where each employee falls within their pay band and flag anyone who'd fall outside it after a proposed change. **![](https://a.slack-edge.com/production-standard-emoji-assets/16.0/apple-medium/1f465@2x.png) Admins and Users** Pequity has two main types of users: - **Admins** — configure the platform, manage settings, and oversee comp cycles. Set up during onboarding and responsible for inviting everyone else. - **Planners & Partners** — managers, HR partners, and others who participate in the planning process. **![](https://a.slack-edge.com/production-standard-emoji-assets/16.0/apple-medium/1f504@2x.png) Running a Compensation Cycle** A **comp cycle** is where all the planning action happens. Whether you're running merit increases, bonuses, equity refreshes, or promotions. Pequity streamlines your process. Cycles are fully self-contained, so you can run multiple at once without any overlap or interference. **What admins set up** Before a cycle opens, admins configure: - Which pay components are in scope (salary, bonus, equity, etc.) - What columns managers will see in their workbook - Budgets are either formula-driven (e.g., 4% of each employee's salary) or fixed dollar amounts per team - **Formulas** for automated recommendations, like a merit matrix that suggests higher increases for top performers at the bottom of their range. Pequity even has a built-in AI assistant to help write and test these. **What managers see** When a cycle is open, managers see a **workbook,** a clean table of their direct reports with columns for current salary, proposed changes, remaining budget, and more. Managers can: - See where each employee falls in their pay range - Enter or adjust recommendations - Leave comments for context Managers only see their own group. No peeking at other teams' data. Once a manager submits their workbook, it locks. If changes are needed afterward, an admin can reopen it. > ![](https://a.slack-edge.com/production-standard-emoji-assets/16.0/apple-medium/26a0-fe0f@2x.png) **Heads up:** Pequity is a planning and decision-making tool, not a payroll system. Once a cycle closes and recommendations are finalized, they're exported back to your HRIS or payroll system for processing. **![](https://a.slack-edge.com/production-standard-emoji-assets/16.0/apple-medium/1f3d7-fe0f@2x.png) Planning Hierarchy: Waves, Groups & Roles** **Planning Groups** A **planning group** is a set of employees that one manager is responsible for. Every employee in a cycle belongs to exactly one group. Admins create groups manually or by importing a spreadsheet, and each group has an assigned **Planner** who owns the recommendations. **Waves** **Waves** control *who* is planning and *when*. Think of them as phases: - **Wave 1** — Managers enter recommendations - **Wave 2** — HR or Total Rewards reviews and approves - **Wave 3** *(optional)* — Executive pre-approval before managers begin Admins open and close each wave manually — nothing activates on its own. **Roles at a Glance** **Admin**  Full access (manages cycles, settings, data, exports, and wave timing)   **Planner**  Enters recommendations for their planning group; submits to lock their workbook   **Planning Partner**  Supports the planner (often an HRBP); configurable access per cycle   **Custom Roles**  Tailored access e.g., read-only for leadership, or an HR view without salary figures **![](https://a.slack-edge.com/production-standard-emoji-assets/16.0/apple-medium/1f48c@2x.png) Reward Letters** Once planning wraps up, Pequity can generate personalized **reward letters** for every employee. Letters are built from templates that automatically pull each person's data from the cycle (salary, bonus, equity, effective dates, and more.) - Admins control when letters go out - Managers can download letters for their own team - Letters are sent as PDFs either directly from Pequity via email, or as a bulk download you distribute through your own channels **![](https://a.slack-edge.com/production-standard-emoji-assets/16.0/apple-medium/1f4da@2x.png) Ready to go deeper?** Once you've got the basics down, check out the **Pequity Comp Cycles** and **Pequity Features & Workflows** sections of the Help Center — they cover every feature in detail, including formulas, budget setup, data exports, email notifications, and more. - [Getting Started with Pequity](https://helpcenter.pequity.com/support/getting-started-with-pequity?hsLang=en#main-content) - [Pequity Setup & Company Admin Onboarding](https://helpcenter.pequity.com/support/getting-started-with-pequity?hsLang=en#pequity-setup-company-admin-onboarding) - [Personal Settings](https://helpcenter.pequity.com/support/getting-started-with-pequity?hsLang=en#personal-settings) - [Integrations & Data Management](https://helpcenter.pequity.com/support/getting-started-with-pequity?hsLang=en#integrations-data-management) - [ADP Lyric HCM Integrated Pequity](https://helpcenter.pequity.com/support/adp-lyric-hcm-integrated-pequity?hsLang=en) - [Managing Your Team in Pequity](https://helpcenter.pequity.com/support/managing-your-team-in-pequity?hsLang=en#main-content) - [General User Access](https://helpcenter.pequity.com/support/managing-your-team-in-pequity?hsLang=en#general-user-access) - [Single Sign-On (SSO) Integration](https://helpcenter.pequity.com/support/managing-your-team-in-pequity?hsLang=en#single-sign-on-sso-integration) - [People Manager Access](https://helpcenter.pequity.com/support/managing-your-team-in-pequity?hsLang=en#people-manager-access) - [Pequity Features & Workflows](https://helpcenter.pequity.com/support/pequity-features-workflows?hsLang=en#main-content) - [Pequity Comp Cycles](https://helpcenter.pequity.com/support/pequity-features-workflows?hsLang=en#pequity-comp-cycles) - [Pequity Ranges Tool](https://helpcenter.pequity.com/support/pequity-features-workflows?hsLang=en#pequity-ranges-tool) - [Pequity People Tool](https://helpcenter.pequity.com/support/pequity-features-workflows?hsLang=en#pequity-people-tool) - [Pequity Approvals Tool](https://helpcenter.pequity.com/support/pequity-features-workflows?hsLang=en#pequity-approvals-tool) - [Pequity Best Practices](https://helpcenter.pequity.com/support/pequity-best-practices?hsLang=en) - [Security & Compliance in Pequity](https://helpcenter.pequity.com/support/security-compliance-in-pequity?hsLang=en) - [Proactive Support & Troubleshooting](https://helpcenter.pequity.com/support/proactive-support-troubleshooting?hsLang=en) - [Pequity Updates & Insights](https://helpcenter.pequity.com/support/pequity-updates-insights?hsLang=en) - [Pequity University](https://helpcenter.pequity.com/support/pequity-university?hsLang=en#main-content) - [Comp 101](https://helpcenter.pequity.com/support/pequity-university?hsLang=en#comp-101) - [Reward Letters](https://helpcenter.pequity.com/support/reward-letters?hsLang=en) [![Pequity](https://helpcenter.pequity.com/hubfs/Pequity%20an%20adp%20company%20final%5B96%5D%20(1).svg "Pequity")](http://pequity.com) 1 ADP Boulevard Roseland, NJ 07068 Copyright © 2026 Pequity, an ADP Company