Kamsa is a total compensation software built to manage employee compensation. It includes: global market compensation data, and helps you with job leveling, building compensation ranges (cash and equity), as well as run your compensation reviews.
Kamsa, pronounced kahm-sah, means appreciation in Korean. Kamsa is all about appreciating your most valuable asset - your people, by paying them fairly.
Kamsa's proprietary market compensation data is based on actual employee data from our clients (anonymized, of course) and consists of:
The market data reflects from tech industry companies and majority of participants are:
Market data is refreshed every quarter to keep it real-time.
Companies who need reliable global market compensation data, perform compensation reviews, and are venture backed and/or in the tech industry benefit from Kamsa. Companies who value paying employees fairly and want to ensure they attract and retain top talent, globally, also benefit greatly from Kamsa’s features.
It costs companies 2X an employee’s salary to replace them if they leave. The most common reasons employees will leave your company is lack of growth opportunities and/or competitive pay. Kamsa helps ensure companies are paying competitively against the market, as well as transparent with career paths and job levels across your organization
With our Compensation Review tool, Kamsa allows you to customize performance rating scales and categories. The performance ratings can be included as a data point during compensation review so managers can use it as a data point to make the best pay decisions for their employees.
Kamsa was founded by our CEO, Lola Han. Before starting Kamsa in 2017, she was in roles like Head of Compensation at companies like Zendesk, as well as a compensation consultant at Willis Towers Watson and Ernst & Young. Over time, she realized the routine compensation initiatives that all companies do, like job level across the organization, use reliable market data to establish compensation ranges, and run a compensation review, was so painful. There was no good solution in the market that not only provided reliable market data, but also helped get sh*it done, so we built it ourselves.
Kamsa integrates with BambooHR, and more partnerships with others are in the works as we speak!
Kamsa’s machine learning technology quickly matches your employees' jobs to our market survey jobs. Once you provide your employee data, our expert compensation consultants will support your account setup to gain access to the market data in Kamsa (generally within 3 business days). Your compensation consultant will be there to help you to expedite the onboarding process and every step of the way. Thereafter, it takes on average 2-3 weeks to job level and establish career paths across the organization.
Kamsa provides real-time global market compensation data and helps companies:
Kamsa is a hybrid solution (tech product + consulting) to help make compensation painless for companies!
Any information provided to us will be held encrypted and with strict confidence. We are GDPR compliant, our privacy statement can be found here. For more information, see the question entitled “What has been done to prevent data breaches?”
We take security very seriously. Below are examples of how we proactively prevent data breaches: