Company Overview
Industry:
Natural Gas
Company Size:
1,500
Location:
USA
Voices of Success: EQT’s Experience
Before CompUp, our compensation planning relied on Smartsheets, manual coordination, and error-prone processes. We selected CompUp because it’s a compensation management tool built specifically to handle the complexities of merit and STIP cycles. It gave us input control, automated approvals, and real-time visibility for leaders.
One of the biggest wins was how easily sub-department heads could be looped in, reducing load on department heads. What really stood out was the support—CompUp’s team was incredibly responsive, especially during the go-live week. They felt like an extension of our own HR team.
Elizabeth Mabie
Managing Director Workforce - EQT Corporation
Introduction
EQT Corporation, one of the largest natural gas producers in the United States, aimed to modernize its Merit and Short-Term Incentive Plan (STIP) processes. The company wanted a scalable, automated system that would eliminate spreadsheet dependency and enhance efficiency for HR and leadership teams.
Challenges
- Heavy reliance on Smartsheets with multiple manual integrations.
- Limited control over data inputs, increasing error risks.
- Manual mail-merge process for compensation statements, prone to inaccuracies.
- Complex formulas for STIP budget management.
- High operational burden on HR teams, slowing execution.
Solution with CompUp
- Scalable platform for 1,500 employees with minimal manual effort.
- Automated compensation statements with direct data integration.
- Real-time dashboards and customizable reports for instant insights.
- Top-down budgeting with built-in approval workflows.
- Input controls for base salary and STIP adjustments to ensure compliance.
- Enabled multi-layer leadership involvement for improved collaboration and transparency.
Results & Impact
- 88 managers actively participating in merit & STIP planning.
- Centralized, real-time compensation data for faster decisions.
- Significant error reduction through automation and controlled inputs.
- Streamlined top-down budgeting and approvals.
- HR teams freed from heavy manual coordination.
Looking ahead, EQT will continue to build on CompUp’s analytics to sharpen pay-for-performance alignment and optimize incentive structures. With strong leadership adoption, the platform is now a core enabler of efficiency, accuracy, and collaboration.
