BenefitConnect vs Pave Market Data

BenefitConnect is WTW’s benefits administration platform for employee benefits, with web and mobile access for employees and retirees. Users can check balances, upload receipt photos, submit claims, and initiate inquiries through a portal or app. WTW says users can contact professionals through the app, online portal, call center, or automated help desk. The platform supports medical, prescription drug, dental, vision, HSA, FSA, and HRA plans. HSA, FSA, and HRA balances can appear through a web service call, and Benefits Accounts supports single sign-on with BenefitConnect. WTW also lists tested eligibility files and automated closure of non-valid HSA accounts. APIs can make information such as wellness credits, year-to-date claims, and required actions available to employees. Client-chosen wellbeing vendors can connect through established data exchange standards. BenefitConnect | COBRA is a separate multi-client version, with round-the-clock employer administration and participant self-service for elections, life events, and annual enrollment. WTW says its COBRA service combines ACA 6055/6056 reporting data with active population data.

Pave Market Data provides compensation benchmarks for companies making pay decisions. It covers base salary, bonus and variable pay, total cash compensation, and new-hire and ongoing equity. Pave collects information through persistent connections to HRIS, ATS, and equity management systems, then uses machine learning to match employee records to job architecture before aggregating and de-identifying the data. Collection occurs daily, while benchmark updates are published monthly. Coverage includes more than 200 job families; Pro includes more than 55 countries and 90 cities or metros. Pro adds custom peer groups, advanced equity data, and customized reports. Lite is described for startups with 1–200 employees and includes the overall U.S. market plus one additional market. Access requires customers to connect HR platforms, with supported providers including ADP, BambooHR, Gusto, Rippling, and Workday. Lite is free; Pro pricing is by quote. Pave says users cannot access competitor-specific compensation data and describes its data as aggregated and de-identified.