Totally Rewarding Chats | Ep. 7: Comp Management Best practices and the story of BetterComp

In this episode, Sean Luitjens and Paul Reiman speak with Alan Miegel, CEO of BetterComp, about his extensive experience in compensation management and the evolution of the industry. Alan shares insights from his journey building and funding BetterComp, offering a candid look at the challenges and opportunities shaping today’s compensation landscape. The discussion explores the critical role of data management, the growing readiness for automation among customers, and how AI and data integration are redefining the future of compensation management. 00:00 Introduction to Alan Miegel and BetterComp 02:09 Fundraising Journey and Series A Insights 06:41 Speed Round: Personal Preferences and Insights 11:07 Focus on Compensation Management 18:56 Customer Readiness for Automation 25:52 Data Challenges in Compensation Management 27:52 Impact of Better Data on Processes 30:59 Future Trends in Compensation Management