COMPackage offers software that helps companies generate total compensation reports, allowing employees to understand the full value of their compensation packages. This software is particularly beneficial for human resources professionals and business owners who wish to provide clear compensation statements without incurring high service provider fees.
COMPackage was founded in 2003 by Joseph Blattner, an entrepreneur with a background in advertising. Blattner's vision was to create a software solution that simplifies the process of generating compensation reports, making it accessible and affordable for small and mid-sized businesses. The company has grown modestly, with a reported revenue of $75.7K in 2023 and has been bootstrapped without external funding.
COMPackage has not reported any external funding and has been entirely bootstrapped since its inception. As a privately held company with a single employee, its valuation details are not publicly disclosed.
COMPackage's software is designed to be user-friendly and customizable. Key features include:
Customizable Templates: Allows businesses to tailor compensation reports to their specific needs, including different languages and currencies.
Integration Capabilities: The software can integrate with payroll and HR systems, facilitating seamless data entry and report generation.
Scalability: Suitable for both small and large businesses, the software can handle varying volumes of employee data.
The latest version, COMPackage 3.0, introduced several new features aimed at improving usability:
Hourly Top Box Scores: Visual representation of total hourly rates.
Illuminative Metrics™: Provides additional compensation-related information not included in standard calculations.
COMPackage emphasizes the importance of clear communication of compensation to employees, aiming to enhance their understanding and appreciation of their total compensation packages. This focus suggests a company culture that values transparency and employee engagement.
COMPackage primarily serves small to mid-sized businesses looking to simplify the process of generating compensation reports. The software's ease of use and customization options make it an attractive solution for companies that want to handle compensation reporting in-house.
COMPackage
By COMPackage
