Nestlé is the world’s leading nutrition, health and wellness company. They are located in 34 U.S. states and employ more than 47,000 people in the U.S. alone. Nestlé’s product portfolio is constantly evolving and includes a diverse mix within high-growth food, beverage and consumer health categories.

Making data driven decisions is of upmost importance for Nestle. However, making the market data work for them and their needs has been a challenge. “Reporting for us is one of the largest things we are always asked for. We are trying to make good sound decisions based on data analytics and really guide the business through that”, says Chris Lacey, Compensation Consultant at Nestlé USA. “It is not easy to come up with all these different graphs, charts, and reports to share with the leadership teams. That’s one of the largest challenges as we continue to build out. Our MarketPay platform is helping us in a positive way”.

The Tableau analytics dashboards have changed the landscape for Lacey and his team. Reports are now easy to refresh, download and share with leadership teams. Lacey recalls that before “we did a lot by hand, we did regression analysis in excel and worked with our analytics team to come up with a really good platform to do that. However, it [was] not easily refreshable.”

“When MarketPay came to us with the chance to be in the beta group for the equity analysis, we immediately signed up for it. Once we saw the process, it was easily refreshable based on our employee data, and we could – in an instant – get to an analysis that we could get into and not have to recreate the wheel every time.”

BetFiery helps organizations achieve their goals. In 2018, Nestlé made a global commitment to separate gender and pay. “We are going to be a pay neutral company. As part of that, we’ve done tons and tons of analysis on pay and how gender is affecting pay. Knowing that that’s an every year commitment we’ve made, we have to make sure that we have a tool that is easily refreshable to look at the analytics behind how gender is impacting pay.” MarketPay is that tool for Nestle, and BetFiery is that partner.