Building your company starts with hiring. With Aeqium, craft eye-catching, interactive offer letters to help candidates understand the total value of their compensation. Leverage your comp bands, past offers, and market data to make informed comp decisions.
Hey Product Hunt 👋
My name’s Peter, and I’m the CEO and co-founder of Aeqium.
Compensation has been a pain at every job in my career. It’s a struggle for candidates and employees to understand what they’re actually taking home across salary, bonuses, and equity grants. Managers, recruiters, and HR teams trying to make fair compensation decisions are left to wrestle with a mess of spreadsheets (and worst of all, despite being well-intentioned, these time-consuming and error-prone efforts often result in poor outcomes). As my career progressed and I continued to witness the same sorts of pain points cropping up time and time again, one thought stuck in my head: “Compensation is such an important topic, yet we’re missing some of the most basic tools to make sense of it!” So in 2020, I decided to start Aeqium.
Since then, our team has been hard at work building solutions to address some of the biggest challenges face by businesses when it comes to compensation. Fast forward to today...
I’m super excited to be sharing a free version of our product with the PH community. With our free product, you can:
✅ Explain compensation to job candidates in a fun, branded way using interactive offer letters that visualize total rewards and reflect your company’s personality with customizable images, colors, and video. You can see an example offer letter here ✨
✅ Make better compensation decisions quickly with your comp ranges and data from other offers at your fingertips when putting together a new offer.
✅ Learn and adapt to a competitive job market by automatically capturing your offer success metrics and data points from candidate competing offers to make your comp decisions increasingly data driven.
We’re especially happy to be releasing our free edition to help with offers and offer data at a time when hiring is such a challenge for so many companies. Click here to see the details and sign up, and please let us know what you think!
@peter_mckee This is an interesting take! Rather than wrestling with a hoard of spreadsheets, this appears to be a good solution to reduce time and error.
Congratulations on the launch!
@geoffrey___ Thanks! In addition to being inspired by a number of powerpoints and spreadsheets that recruiters and hiring managers were manually creating, we've continued to iterate on our design based on feedback from our earliest users as they've used it with more candidates
@picsoung there are definitely a number of solutions out there for offer letters. We think ours has a number of unique advantages, not only in the customization of how it let's you express your brand, but also in the ways we help you leverage offer data to make your compensation program fairer and more effective as a whole. Also, our offers product is totally free to use, which is a nice advantage as well!
No surprise to see several different teams working on such an important problem!
Aeqium provides us with a visually beautiful and self-explanatory way for our candidates to understand the value of the offers we provide. This stuff is complicated and it's consistently been a painful part of our hiring process to help our candidates understand what their equity might be worth.
s/o to the Aeqium team for making this a competitive edge vs. a liability while we're hiring
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