The 'Fairpay' career management platform is positioned as an effective tool for professionals to utilize when looking to keep track of their career, personal growth and wage.
The platform is based on the principle that job growth isn't always associated directly to wage increase, which can be changed by pinpointing the ways you're excelling. This is done by letting you keep track of wins, improvements and the like to share with your manager or employer to ensure you are on the right track with a promotion and/or wage increase.
The 'Fairpay' career management platform also works effectively for managing your career, which can be a difficult task to keep up with in the face of an ever-changing business world. The platform boasts a clean interface and encourages users to be as prepared as their superiors when it comes time for a review.
Compensation-Measuring Solutions
The 'Fairpay' Career Management Platform is Career-Focused
Trend Themes
1. Career Development Tracking - An opportunity for platforms to provide creative solutions to help employees track their career growth beyond just wage increases.
2. Performance Management Innovation - A disruption in the traditional performance management approach, where employees can quantify their successes in a tangible manner beyond a one-size-fits-all protocol.
3. Personalized Career Planning - A trend towards personalized career plans that provide a better assessment of an employee’s strengths and weaknesses, allowing them to track improvement and performance.
Industry Implications
1. Human Resources - Opportunities for HR tech companies to innovate employee development and performance management technologies.
2. Career Coaching - An opportunity for career coaching services, software, and platforms to enhance existing offerings by providing personalized career plans and success tracking.
3. Productivity Software - A trend towards productivity software solutions that also help employees improve their career growth, track wins and improvements, and prepare for appraisals.