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Brightmine Launches Dynamic Pay Data to Strengthen Salary Benchmarking

New capability helps HR leaders keep up with pay transparency changes and fast-moving labor markets

NEW YORK--(BUSINESS WIRE)--As pay transparency requirements expand across the U.S. and labor markets continue to shift, employers are facing greater pressure to explain how pay decisions are made.

Brightmine today announced the launch of Dynamic Pay Data, a new capability designed to help HR and reward leaders strengthen salary benchmarking. The launch exemplifies how Brightmine is working with Equifax to bring more evidence-based intelligence to complex HR decisions.

Helping employers keep pace with changing pay markets

Employers need salary benchmarks that reflect changing roles, locations and market conditions. Dynamic Pay Data is designed for total rewards leaders and HR leaders responsible for setting, reviewing and monitoring pay, helping them compare compensation across locations, industries and roles using reportable benchmarks informed by employer-reported payroll data from Equifax and Brightmine reward market expertise. The data is aggregated, anonymized and standardized for greater consistency and to help HR teams create better informed, more up-to-date compensation structures.

Bringing trusted intelligence into reward decisions

Applied to salary benchmarking, Dynamic Pay Data helps employers move beyond static market snapshots towards a clearer view of how pay is changing.

The U.S. solution provides broad labor market coverage, including data representing more than 25% of the U.S. labor market. Data is refreshed up to 12 times per year and benchmarks are designed to be no more than four months old, subject to a 90-day compliance maturity period for payroll data. HR and reward teams can access more timely benchmarks without participating in traditional annual salary surveys.

“Pay decisions are becoming harder to make and harder to explain,” said Emily Mackenzie, AVP Market Planning & Product, at Brightmine. “Employers need intelligence that helps them understand what is changing in the market and make decisions with greater confidence. Dynamic Pay Data applies that approach to salary benchmarking, helping customers bring a more current evidence base to compensation decisions.”

“HR leaders face increasing pressure to navigate fast-moving market expectations while making compensation decisions that are fairer and more competitive,” said Jeff Wagner, Vice President of Business Development for Equifax Workforce Solutions. “Dynamic Pay Data brings together fresher, more comprehensive, and verified data with job classification algorithms, which may help organizations better attract and retain talent with more confidence.”

Dynamic Pay Data is available to U.S. employers through Brightmine and Equifax.

About Brightmine

Brightmine is an HR data and insights provider that helps leaders make confident, defensible decisions that build trust. We enable organizations to manage employment law compliance risk effectively and make market-current reward decisions that stand up to scrutiny and drive positive outcomes.

Our risk solutions help HR teams prepare for and stay compliant in fast-changing environments shaped by complex obligations and rising expectations. Our reward capabilities support fair, competitive, and forward-looking pay decisions. Together, these capabilities support a connected people strategy that helps HR leaders build a more resilient workplace culture rooted in transparency and accountability, while delivering strong organizational results.

Part of LexisNexis® Risk Solutions, a RELX business, Brightmine (formerly XpertHR) combines deep expertise with practitioner insight to deliver robust regulatory intelligence, practical guidance and tools, and benchmarking data that support modern HR and reward strategies. We use AI purposefully to improve accessibility, protect data integrity, and keep human expertise at the core.

Contacts

Media Contact
Clare Moore
clare.moore@brightmine.com

Brightmine


Release Versions

Contacts

Media Contact
Clare Moore
clare.moore@brightmine.com

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