When is Option Driver being transitioned to Pave?
When will I have access to Option Driver until?
When will I have access to Mercer-Comptryx data until?
Why is Option Driver being transitioned to Pave?
How do I join Pave as an Option Driver customer?
What will happen to my Option Driver account?
I use Option Driver to build and manage my bands, what does Pave offer that’s similar?
I use the Option Driver Market Data and Price a Job reports, what does Pave offer that is similar?
When is Option Driver being transitioned to Pave?
We plan to shut down Option Driver on January 3, 2024.
When will I have access to Option Driver until?
You will have access to Option Driver until January 3, 2024, provided you have an up-to-date contract with Pave. As you approach your contract renewal date, if you convert to a Pave paid product access to Option Driver will be included for free until January 3, 2024.
When will I have access to Mercer-Comptryx data until?
Provided you have an up-to-date contract with Pave (as described above), you will maintain access to Mercer-Comptryx for the remainder of your contract period.
Why is Option Driver being shut down?
At Pave, we believe that the best way to ensure fair compensation is by providing companies with real-time market data. After Pave acquired Option Driver in summer 2022, more than 2,000 users have adopted Pave to access real-time, verified compensation benchmarks. As users have shifted to Pave, the volume of data available in Option Impact and Option Driver has significantly decreased making much of the application nonfunctional. Which is why, on January 3, 2024, Option Impact and Option Driver will be discontinued. All users of Option Impact and Option Driver will have ongoing access to Pave’s free benchmarking data by integrating their HRIS/payroll and equity systems with the Pave platform. For access to the rest of our product suite, please navigate to this link and you’ll be connected to a Pave team member.
How do I join Pave as an Option Driver customer?
To join Pave, navigate to this link and you'll be connected to a Pave sales representative that will walk you through and demo Pave’s full product suite. You will not automatically have a Pave account created for you as an Option Driver user.
What will happen to my Option Driver account?
Before January 3, 2024, your account access will not change, provided you have an up-to-date contract with Pave. Pave will continue supporting the Option Driver application. On January 3, 2024, all Option Driver customers account access will be terminated.
I use Option Driver for their international data, what international locations does Pave have in the Benchmarking dataset? Will Pave add more international locations?
We recently launched a new product called Global Location Insights that has data for 46+ countries and 70+ cities. Global Location Insights allows you to identify location differentials across cities and countries to build international compensation programs. Interested in learning more? Reach out to benchmarkingpro@pave.com.
I use Option Driver to build and manage my bands, what does Pave offer that’s similar?
Pave’s Compensation Bands product allows you to build, edit, visualize, and share your compensation bands at scale. Within the product, you also have the ability to see where employees fall within a band and how a band compares to the market rate. To learn more about Compensation Bands, click here for a demo.
I use the Option Driver Market Data and Price a Job reports, what does Pave offer that is similar?
Pave’s Benchmarking product is Pave’s API-driven, real-time compensation database. By simply connecting via APIs to your HRIS and cap table software, Benchmarking can dynamically provide access to real-time, contextualized compensation data ensuring your salary and equity targets are up-to-date as you create compensation plans. Within our data product, you are able to drill down into specific segments of companies by stage, # of employees, industry (executive compensation), and more, across the US, UK, and Canada - and our dataset is growing everyday.
Option Impact US, UK, and Canadian data is already available in Pave Benchmarking. Once you integrate with Pave and access the Benchmarking dataset, you are given the option to search for a benchmark using a combined (Pave + Option Impact) data source. Option Impact data will remain a part of the holistic Benchmarking dataset as long as the data quality is up to standard.
If I only want access to Pave’s Benchmarking product, how do I integrate my HRIS and cap table software?
Check out this article for more information on the integration process with Pave or simply click here to begin the integration process.