Meet Pequity Copilot – Supercharge your Compensation Cycles with AI

We’re excited to announce Pequity Copilot, a new feature designed to make compensation cycles faster and easier. With Copilot, you can use natural language to create comp formulas, get clear explanations mid-cycle, and make precise changes in seconds. 

Build compensation formulas faster with AI Assistance

Creating compensation formulas from scratch can take time and effort. Pequity Copilot simplifies this process by letting you use AI to write compensation formulas fast and apply them instantly to your compensation cycle.

No more manual calculations or long setup times. Just type what you need, like “create a merit matrix based on @ rating,” and Copilot will generate the formula on the spot. You can customize it further or apply it right away, saving you valuable time.

Easily explain your calculations

Imagine this: You’re in the middle of a compensation cycle, and your VP asks, “How did you calculate this?” Instead of scrambling for spreadsheets or digging through formulas, you can just ask Copilot. It breaks down the formula step by step, giving you a clear explanation you can share confidently.

Our CEO, Kaitlyn Knopp, put it best: “If an exec comes to you and says, ‘How did you build this recommendation?’ you can go into Pequity and simply show the calculation. Pequity Copilot walks you through it, step by step.”

Watch our CEO walk through how Copilot makes explaining complex compensation formulas a breeze: 

Make precise formula changes on the fly

Sometimes, even the most carefully planned formulas need adjustments. Maybe your leadership team decides that salary increases are too high. Instead of manually editing each formula, just tell Copilot, “Decrease all increases by 1%.” Instantly, Copilot updates the formula for you. No manual edits or back-and-forth needed.

Built for flexibility and customization

Copilot doesn’t just spit out a single answer. You can tweak, update, and customize formulas to fit your unique needs. Whether you’re looking to reduce salary increases or break down complex pay calculations, Copilot makes it simple to adapt on the spot.

Answer tough questions with confidence

Compensation teams often face tough questions from stakeholders: Why did we calculate it this way? What adjustments can we make? Pequity Copilot empowers you to answer these questions with confidence, whether it’s breaking down calculations by team, comparing pay elements, or visualizing budget changes.

Start using Copilot today

If you’re ready to save time and boost accuracy in your compensation cycles, Pequity Copilot is the tool you need. Say goodbye to guesswork and hello to efficient, reliable compensation management.

To see it in action, schedule a demo today and experience how Pequity Copilot can streamline your workflow.