Best Compensation Management Software of 2024

Payscale MarketPay, the advanced HR platform trusted by global comp pros for reliable market data and actionable insights. Payscale MarketPay was designed for global companies that have large workforces, dedicated teams of compensation experts, mature pay structures and a lot of survey data. It is our most advanced compensation solution, allowing for native integration with Tableau and streamlining survey management. To inform your compensation decisions, you can use our highly detailed, specific, and defensible salaries insights based on the latest market data. Discover the accurate data you need to make timely decisions about your workforce. View real-time insights with dynamic visualizations, dashboards and models. Pay decisions can be made to retain and hire critical talent, based on our continuously updated assessments of the ever-changing market pay data.

RewardStation®, has been developed and improved with decades of input from experienced incentivist professionals, Xceleration’s diverse client base and millions of program participants worldwide. Client-specific user profiles, organizations, or hierarchies. Web content based upon user profile and device (mobile or desktop). Based on user profile, you can create custom email communications. Protect your server environment with Intrusion Prevention. Robust user profiles that include demographic and psychographic information. On the internal activity feed, company initiative cards are displayed. Quizzes, assessments and point-value rewards. Xceleration has a diverse group of professionals from programmers to client service account representatives to user experience experts, travel specialists to merchandise managers to graphic artists. They are ready and waiting to help you achieve your goals. We strive to understand your needs and create a brand experience that is worthy of your brand.

COMPackage is an easy-to-use, feature-rich system that allows businesses to create total compensation reports. These benefit statements provide employees with a real account of their total compensation. These powerful tools can significantly reduce employee turnover and improve morale. COMPackage has created a total compensation report that's robust enough for the largest corporations and affordable enough for the smallest businesses. Traditional benefit reporting services can be expensive as they are only available for companies with 100 employees. Even small business owners could not provide their employees with reports on total compensation, until now.

Compass Lite is a highly intuitive and secure compensation system for managers, executives, and HR. Increase productivity and reduce costs. Line managers can make informed decisions. Secure information is protected with improved security. Fully SOX compliant – Deliver more value to your organization.

WHIZTEC Human Capital Management offers comprehensive human resources management capabilities, including workforce management, compensation, and talent management. Organizations can free up their HR staff to provide value-added services and reduce operational costs with extensive business process automation. WHIZTECHCM streamlines and integrates key workforce processes, including employee administration, document management and organizational management, leave and attendance management, leave management, payroll, Employee Gratuity Fond (EPF) calculations, and legal reporting. WHIZTECHCM supports the legal reporting requirements for several countries, eg: Wage Protection System in the UAE and Salary Information File in the UAE. WHIZTEC HCM allows you to place the right people in the right positions, reward and develop top performers, retain key talent, increase efficiency, and improve operating performance.

Since 1985, we have been helping companies increase their productivity and profitability through the creation and management of incentive programs that use lean sales and compensation. Our sales compensation software (or sales management software) currently manages more than 70,000+ salespeople worldwide. You can create multiple compensation plans and then analyze the effects before you introduce it to your sales team. Our accuracy is $100 per $1,000,000, or Six Sigma. No more guessing. Define your commission plans in minutes. You can easily compare the plans of competitors and generate graphs. Even though the plan of another company sounds better, it isn't. Recruit and retain with confidence, any time! To create a seamless collaboration across all functional groups, link everyone in the organization using the Lean Six Sigma Process. Our process began with the sales team.

BPMaaS is a complete management system for business processes that puts the users in control of those processes. BPMaaS is a way to distinguish enterprise cloud computing from more common consumer cloud computing. Companies can differentiate themselves from their competitors by using unique and proprietary business processes. BPMaaS covers all aspects of business processes from conception to execution, optimization, and optimization, along with a robust workflow engine. Greater efficiencies and economies are achieved by transferring business processes and their administration away from clients to the owner of a subscription service. It takes between ten to sixteen weeks to set up a Glocent PRIME+ instance for a new subscriber.

Software that manages employee relations from start to finish. Software that allows you to track and manage your employee workforce with great ease. One software can do it all, from recruitment to retirement. With multiple job roles and designations, you can easily plan and manage your organizational hierarchy. You can create custom HR forms, fields, or page layouts that meet your business needs using drag and drop options. Your employees can view and manage their leaves through a self-service portal. Centra Hub HCM automates attendance and payroll management. You can effectively track your employees day and night shifts by keeping a complete record about walk-in and walkout times. Utilize timesheet top-ups for employee productivity tracking and calculating the total billable hours in seconds. It's now easier than ever to plan and budget your workforce. Centra Hub HCM platform allows you to upload job descriptions, finalize vacant posts, shortlist candidates and much more.

PayReview gives you instant access to benchmark salaries and position salaries. To motivate, retain, and attract your workforce, it is important to offer the best compensation packages. To ensure parity between salaries of employees at the time they are hired and when they are reviewed for their performance, we enable both Internal and External benchmarking. You will get detailed insights such as organization parity, performance distribution, budget usage, etc. This eliminates the need to rely on outdated survey data and allows you to attract and reward employees with a competitive salary structure. Employers have the flexibility to allocate variable pay, one-time bonuses, and increments based on different metrics. Management can quickly identify and flag increases that are not consistent with their strategies. With robust intelligence software, you can quickly identify attrition probabilities.

EquatePlus is a secure and easy-to-use web-based platform that allows you to manage your equity or non-equity-based compensation plans. EquatePlus enables the efficient administration of equity- and non-equity-based plans throughout the plan life cycle, including grant communication and participant preference elections. It also provides transaction features and post vesting administration. We support all plan types, including executive plans, fund plans, performance plans, and virtual plans. Our cloud platform is intuitive, flexible and secure. It is available in 24 languages, and can be linked to banking/brokerage networks around the globe. EquatePlus' powerful features, automation and capabilities make it easy to administer complex plans across borders. EquatePlus is completely customizable to your business and comes with engaging communication options.

Hyperform, our Disruptive compensation Automation solution, can reduce pay-out cycles by as much as 87%. Financial institutions need to be able to efficiently administer, calculate, analyze, and report incentive compensation programs. This will help reduce errors and overpayments to employees and business partners. Before releasing policies, policy modeling platform allows you to design and test policies. Real-time computation of complex calculations in real time across both the internal and external sales networks. Multiple data source integration (CRM, billing, POS, DW, etc.) Integration with payment platforms. Automated invoice generation after payout approval. Upload physical or digital invoices. Payout dashboard with key performance indicators that provide critical business insight.

The world is shrinking. Midsize businesses require global, enterprise-class solutions that can be used across all talent streams. HubbubHR makes it easy to get back to work. HubbubHR was built from the ground up to connect your people, automate processes, and help you grow your business. Our many seamless integrations with leading global solution providers allow you to reinvent productivity. You have access to your people's information and data. HubbubHR uses Microsoft Azure Cloud platform to provide maximum security, scalability and affordability. There are more than 100 data centers around the globe.

Salary Planning allows managers, HR, compensation boards, and management to easily and efficiently manage your salary review campaigns. The "Full Web" solution is very intuitive and adapts to all types companies, regardless of the number or hierarchy of collaborators. Salary Planning interfaces are compatible with all tools in your HRIS. In a flash, the salary strategy can be formulated and allocated to envelopes. It is easy and user-friendly. Reliability, simplicity, and a clear explanation of compensation campaigns. SaaS solution that is simple, reliable, and ergonomic. Salary Planning allows you to take control of your salary review process and implement your compensation policy. ALLSHARE, an expert in HR and Management software, created Salary Planning to help managers, HR, and management manage all aspects of remuneration.

You can quickly control your indicators and get better results. Our strategic management software will allow you to plan more efficiently, organize your routine better, and manage your team in a culture of results. Our software goes beyond just organizing your routine. Strategic management software can help you improve your business results and engage your team to achieve your goals. Performance indicator software can help you: Reduce the time it takes to collect, validate, and consolidate KPIs. Identify and plan for solving problems. All levels of the company should be able to see your results. Your entire team should be involved in a results-oriented culture. Your goals will be achieved. Allow everyone to have the conditions necessary to reach the goals and objectives. Facilitate the delivery of Strategic Projects by engaging people. Increase productivity of your team and make decisions faster and more confidently!

LaborIQ by ThinkWhy is a leader in talent tech software. It provides the most accurate compensation data across all U.S. cities. Unlimited reporting is possible and users have access to salary data that has been validated against over 3 trillion data points. Use employment forecasts and reporting to gain insight into talent supply and demand, salary benchmarking and custom reporting tools to support strategic talent and business planning. Data-driven talent acquisition solutions to today's hiring. Unlimited access. Unlimited reports. Unlimited use. Compare salaries in all U.S. cities. To attract talent, you need to understand the market's compensation requirements. Early detection of potential retention and pay gaps is key. Eliminate the guesswork. You can hire and recruit faster. Instant answers to your questions about talent supply and market-driven pay. Any job. Any place. Any industry. LaborIQ converts complex data into intelligent answers, making your job much easier.

For successful sales organizations, timely and accurate commission payments are essential. Xactly SimplyComp automates compensation plans and eliminates manual processes with its powerful, scalable calculation engine. Xactly SimplyComp can help you save time and minimize costly payout errors, from pipeline to paycheck. Our customizable commission plan templates provide the foundation for your compensation plans. Xactly SimplyComp comes with eight templates that are based on the best practices for thousands of compensation plans. In minutes, create compensation plans. Simply load data, quickly create customized reports, and instantly calculate your team's commission results.

In decades past, offer letters have remained unchanged. This is the end of it. Your candidates will be able to access an interactive portal that teaches them about their total compensation, their team, and the company's values. Collaborate with a group to discuss your team's compensation philosophy and make real-time leveling decisions. Your employees shouldn't be able to guess their compensation value. Allow employees to fully understand their compensation, including equity grants, bonuses, and other benefits. To ensure alignment during critical merit planning meetings, model, revise, and share your real-time compensation plan with your team. Secure live data connections from your data, ATS and HRIS to update your candidate or employee pools as you need.

Although market pricing for compensation is an important business process, today's systems still require considerable manual work. Although technology has revolutionized many HR processes, modern compensation teams still have to address the challenges of modern comp. Comp pros must deal with declining service levels, clunky, difficult-to-use software, and ongoing, unaddressed problems like annual data migration. BetterComp was built by comp experts to be the best in comp technology. We made improvements to what was working and created new solutions to unmet needs. BetterComp offers compensation teams unparalleled technology and support to help them improve their comp practices.

Assemble allows people teams to create and implement best-in-class pay strategies to attract, retain and motivate top talent. All your compensation data and workflows in one central location. The outcomes-driven approach allows teams to achieve their goals quickly and efficiently. Built to handle thousands employees in any organization complexity. Assemble is used to make compensation decisions across 95 countries and multiple industries. Comply with dozens pay transparency laws continuously without needless spreadsheets, hiring additional team members, or unnecessary back and forth. Automatically store historical records of employee compensation and compensation bands.

Automate your commissions to save time and improve accuracy. Automating your commissions will save you time and ensure accuracy. Get a better understanding of your team's performance. Do not make any more errors about commission amounts. Sales compensation is your best tool to drive business strategy. Connect your data to our native, seamless integrations and never import or export files manually again. Our platform does not require any coding. Integrate your compensation plan in a matter of clicks. Real-time data on targets and commissions. Your sales reps can access their commissions in real time, reducing frustration and increasing motivation. Notify your reps when they earn new commissions. Create SPIFF with just a few mouse clicks to motivate and stimulate your sales reps. Qobra allows you to create and manage the hierarchy of your sales team and its associated commissions. Stay flexible by collaborating with ease using the discussion and comment functionality.

Profit sharing platform to help businesses create, launch and manage profit-sharing plans based on company goals. ShareWillow can help you motivate and reward employees in a way which aligns incentives. ShareWillow was the first software platform to allow profit sharing.

Comprehensive integration with your HR tools helps you make efficient, fair, and transparent compensation decisions in one central location. Save time and eliminate errors on your next cycle by using a spreadsheet. Inform employees about the full value of their compensation, including equity and benefits. Store, edit and selectively distribute your pay bands using a single source. Automate manual compensation processes that are prone to errors, while providing stakeholders with the visibility they require. Save time while promoting trust in compensation. Connect seamlessly with your HRIS and cap table systems so that you can get all of your important comp data in one location. Comprehensive is designed to help teams of one with bandwidth and visibility and teams of many with automation and processes. Pay equity analytics and automatic outlier detection highlight existing pay gaps and employee inequality.

THM is an open platform that connects healthcare service providers with third-party administrators, employers, and carriers. It helps injured workers get the care they require as quickly as possible and at a cost-effective rate. THM is a proven marketplace technology that has positively impacted travel, finance, and other industries. It brings transparency and efficiency to workers' compensation healthcare. THM's clients, TPAs and employers can save significant money by automating tedious manual processes and eliminating costly middlemen. THM operates as a platform-as-a-service business model, giving payors the tools to create their own dynamic marketplace of quality providers ready to compete for their business. THM platform provides providers with a new channel for accessing referrals from some the largest industry payors. They also have the ability to control the price, optimize resources, and maximize revenue by filling more appointments.

Get rid of the manual errors and inefficient spreadsheets. Instead, provide visible payments to your sales team. This will increase confidence. SalesComp optimizes the sales incentive compensation process to increase sales productivity and reach sales goals. Our SalesComp Platform helps you reach your sales targets by incorporating best practices in plan design and implementation. SalesComp combines decades of experience to create a self-guided, rich-featured sales compensation application. Our software is built on decades of experience and cloud technology. You can combine several manual sales compensation pieces into one application by adding a sound process. You get a self-guided user experience that empowers both the sales compensation admins as well as the sales teams they serve.

Vistex solutions allow businesses to take control over their mission-critical processes. Vistex solutions allow businesses to ensure that every dollar earned or spent is actually driving growth and not just additional costs. There are many problems associated with manually processing rebates. These include misleading accruals, unrealized earnings and inventory turnover. Incorrect payouts. Vistex provides real-time, automated visibility into multi-dimensional rebate programs. Vistex manages your accruals, determines eligibility and processes claims. It also tracks tier achievements and quantifies potential incentives for larger purchases. With our solution, you can easily forecast your sales and purchase rebates and gross-to net.