BenefitConnect vs Revelio Labs Compensation 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.

Revelio Labs Compensation Data provides external salary benchmarks for organizations assessing pay, attracting talent, and retaining employees. Users can examine hourly wages, base salary, and total compensation by role, company, and geography. Custom benchmarks can account for location, skills, and seniority, with coverage including blue-collar, healthcare, leadership, and executive roles. Market views include competitor salary distributions, employee sentiment on pay, comparisons of base and total compensation, company and location comparisons, and changes over time. Compensation data is available through Revelio Terminal, an API, an S3 bucket, or Snowflake; Terminal users can download insights and custom reports. The Terminal plan costs $1,250 a month with an annual commitment and covers 33.8M companies in 195 countries, with history to 2007. A Terminal free trial requires no credit card or sales call to start, and no charge is automatic when it ends. Revelio Labs says its salary models use diverse public sources, documented methods, and standardized job and skill taxonomies. The company states it is CCPA and GDPR compliant. Data is typically delivered on the 15th of each month for the preceding month, though some postings and sentiment datasets can be delivered daily.