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Description
DBCompensation is ideal for businesses with a workforce ranging from 200 to 10,000 individuals. A variety of organizations, including financial institutions, government entities, educational institutions, healthcare facilities, manufacturing companies, and service providers, are enhancing their payroll return on investment through DBCompensation. By ensuring accurate compensation, organizations can optimize their most significant ongoing expense—employee payroll. According to the Johanson Group consultants' real-world data, companies can reduce the time and costs associated with compensation management by an impressive 500%. Furthermore, retaining and nurturing existing talent can lead to a remarkable 300% savings in the resources typically spent on recruiting and training new hires. DBCompensation employs a well-established methodology that incorporates our distinctive fifteen compensable factors along with a reliable weighted job evaluation system. Recognized as the most objective and all-encompassing job rating program available for human resources, DBCompensation stands out in the market. Its effectiveness empowers organizations to strategically manage their payroll while fostering employee satisfaction and retention.
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
API Access
Has API
Integrations
No details available.
Integrations
No details available.
Pricing Details
$4900 one-time payment
Free Trial
Free Version
Pricing Details
$9 per user per month
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
DBSquared
Founded
1990
Country
United States
Website
www.dbsquared.com/dbcompensation/
Vendor Details
Company Name
OpenComp
Founded
2021
Country
United States
Website
www.opencomp.com
Product Features
Compensation Management
Bonus Management
Compensation Assessment
Compensation Calculation
Compensation Plan Modeling
Compensation Statements
Employee Reward Programs
Incentive Programs
Organizational Charting
Salary Planning
Product Features
Compensation Management
Bonus Management
Compensation Assessment
Compensation Calculation
Compensation Plan Modeling
Compensation Statements
Employee Reward Programs
Incentive Programs
Organizational Charting
Salary Planning