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Description

All your Compensation Needs in One Platform CompTrak's enterprise software combines incentive, equity and merit review into one platform. It allows companies to create, customize, and manage complex compensation plans. It also ensures that they are linked with corporate strategic goals. CompTrak aims to optimize the engagement of employees and make all components of compensation work together for mutual benefit. CompTrak consists of three core products: Compensation Management (Equity Plan Management), Total Rewards Statements (Total Rewards Statements), and Compensation Management (Compensation Management). Each module can be purchased separately or combined into one solution. CompTrak eliminates manual processes, spreadsheets, and dependency on legacy system. It allows companies to manage global compensation plans and provides a mobile Total Rewards experience for employees.

Description

Assess how your company's compensation structures compare to industry standards. We assist in pinpointing cost-to-market alongside creating strategic initiatives to remain competitive in your field. It is crucial to maintain pay equity throughout your organization. OpenComp can highlight discrepancies in pay equity related to gender and ethnicity, enabling you to swiftly address and rectify these disparities. Develop various organizational growth strategies for the future while projecting cash and equity expenditures for each scenario. Utilize precise location models to align compensation appropriately. OpenComp supports you in evolving your compensation philosophy as teams grow more geographically dispersed. Create equitable job offers and evaluate compensation inquiries from prospective employees in direct comparison to the market. Access market data from multiple sources that is standardized and updated daily. Our user-friendly tools empower you to implement compensation strategies effectively. Moreover, you will receive analytics and insights to monitor the effectiveness of your compensation plans and identify trends over time, ensuring you remain proactive in your approach. This comprehensive analysis not only aids in maintaining competitiveness but also fosters a fair workplace environment.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

SAP Business One Yes 
SAP SuccessFactors Yes 
UKG Pro Yes 
Workday HCM Yes 

Integrations

SAP Business One No 
SAP SuccessFactors No 
UKG Pro No 
Workday HCM No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

$9 per user per month
Free Trial No 
Free Version Yes 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) Yes 
Online Support Yes 

Customer Support

Business Hours No 
Live Rep (24/7) Yes 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) Yes 
In Person No 

Vendor Details

Company Name

HRSoft

Founded

1996

Country

United States

Website

comptrak.com/

Vendor Details

Company Name

OpenComp

Founded

2021

Country

United States

Website

www.opencomp.com

Product Features

Compensation Management

Bonus Management Yes 
Compensation Assessment Yes 
Compensation Calculation Yes 
Compensation Plan Modeling Yes 
Compensation Statements Yes 
Employee Reward Programs Yes 
Incentive Programs Yes 
Organizational Charting Yes 
Salary Planning No 

Equity Management

Cap Table Management Yes 
Deal Management No 
Document Storage No 
ESOP Management No 
Financial Modeling No 
Options Management Yes 
Participant Portal Yes 
Portfolio Management No 
Private Equity Yes 
Public Equity Yes 
VSOP Management No 
Valuation Management No 
Vesting Management Yes 

Product Features

Compensation Management

Bonus Management No 
Compensation Assessment No 
Compensation Calculation No 
Compensation Plan Modeling No 
Compensation Statements No 
Employee Reward Programs No 
Incentive Programs No 
Organizational Charting No 
Salary Planning No 

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