Toronto, CANADA, September 23, 2022 – CompTrak, a compensation management software company, is recognized for a second consecutive year as one of Canada’s Top Growing Companies by Globe and Mail’s Report on Business. Rankings are based on three-year growth of annual operating revenue. CompTrak ranked on the list with a three-year growth of 104%.
Driving CompTrak’s impressive growth is the expansion of its North American client base, targeted growth in the European market, as well as the recent launch of its newest product offerings in Performance Management and Carried Interest / Co-Invest Management. Both product modules address growing trends in HR to further personalize compensation and expand participation in company equity or long-term incentive programs.
“For many leading organizations, compensation strategy is shifting to performance-driven and increased personalization” states CompTrak CEO and Co-Founder Lasse Silegren. “CompTrak’s configurability and performance management solutions provide organizations the ability to more intimately link strategic goals, performance and compensation together, ensuring employees are being compensated fairly.”
“We are in a transformative time for compensation management and the ability to attract and retain talent has never been more important. This is an exciting time for CompTrak as we expand into new geographies and new verticals. We are grateful to the forward-thinking and innovative companies we get to work with on a regular basis. Without them and our dedicated staff, none of this would be possible” states CompTrak President and Co-Founder Perry Doody.
The full list of 2022 winners, and accompanying editorial coverage, is published in the October issue of Report on Business magazine—out now—and online.
About The Globe and Mail
The Globe and Mail is Canada’s foremost news media company, leading the national discussion and causing policy change through brave and independent journalism since 1844. With our award-winning coverage of business, politics and national affairs, The Globe and Mail newspaper reaches 5.9 million readers every week in our print or digital formats, and Report on Business magazine reaches 2.3 million readers in print and digital every issue. Our investment in innovative data science means that as the world continues to change, so does The Globe. The Globe and Mail is owned by Woodbridge, the investment arm of the Thomson family.