5 years ago5/10/2021

[**Building your compensation plan is easy with Carta Total Comp**](https://releasenotes.carta.com/building-your-compensation-plan-is-easy-with-carta-total-comp-2rmkc8)

Streamline your compensation processes and compensate with confidence on Carta Total Comp.

# **Whats new?**

Easily build, manage and apply your compensation strategy across your entire employee base taking both geography and custom compensation bands into account.

To adjust your Plan settings, click on the _Details_ link on the top left of the Scorecard page.

## **Geo Adjustment**

You can now choose either _Local_ or _Uniform_ to choose the right approach for your fully remote, hybrid or in-office working arrangement.

- _Local:_ When selected, all employees will have their target compensation automatically adjusted to the local cost of labor for their location. You can also set a minimum threshold to ensure that employees' target compensation are not set lower relative to the top metro market rate for their roles. We recommend setting the threshold to 80%.
- _Uniform:_ Using this option, all employees' target compensation will be adjusted to the market rate for a single location.

## **Compensation Bands**

The compensation bands settings enables you to customize the width of your company's target bands for each track. Defaults are 15% for Individual Contributors (IC), 20% for Managers, and 25% for Executives.

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## Availability

- If you are interested in learning more about Carta Total Comp, please reach out to your Carta Customer Success Manager or sign up **[here](/content/carta-total-comp-cp/index.html).**
- You must be a Carta cap table customer to sign up for Carta Total Comp.

David Lichtenstein