VSCO is a mobile app that helps you create beautiful photos and videos right from your phone and offers access to a vibrant global community that inspires creativity and self-expression. As a platform without ads, public likes, comments, or follower accounts, VSCO provides a creative and inclusive space where creators can be themselves and share how they see the world without judgement.
VSCO’s compensation philosophy is built on a commitment to transparency and fair and equitable pay for all employees. This approach has contributed to a strong culture and is a testament to their leadership in Diversity, Equity, and Inclusion (DEI).
However, creating policies, updating comp bands, and making compensation decisions that are fair and equitable, while remaining competitive in the market has proven to be a complicated and time-intensive challenge.
The VSCO team required a solution that would allow them to easily maintain and update their policies and compensation bands, garner support from key stakeholders, and eliminate the need to maintain multiple spreadsheets.
VSCO explored compensation tools that could help them maintain and evolve their compensation practices over time as the company grows. Specifically, VSCO was looking for a system with the following requirements: