Best Compensation Management Software for Payfit

HiBob, a premier provider of HR solutions, offers a robust HCM named Bob to empower HR teams and streamline operations. From onboarding and performance management to employee engagement and automation, Bob equips HR leaders with the resources necessary to foster a positive workplace culture, drive employee development, and focus on strategic initiatives that propel organizational growth. HiBob’s platform, Bob, simplifies HR processes and ensures ease of use with customizable workflows tailored to different roles. It automates paperwork and seamlessly integrates with existing systems to save time and ensure data accuracy. The user-friendly approach empowers HR professionals to manage company-wide HR tasks effectively and efficiently. Bob Performance Management provides tools for goal setting, feedback, and performance reviews. Real-time tracking and data insights enable timely interventions, fostering a culture of accountability and continuous improvement and boosting employee engagement and retention. Bob’s employee engagement tools foster connection and collaboration among employees through channels for feedback, recognition, and communication, boosting morale and productivity.

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.

Figures is Europe's most popular compensation management platform. It helps mid-market companies to make efficient and fair salary decisions. Figures is a collaborative compensation management platform that helps mid-market companies to make informed and fair salary decisions. Figures, with its educational content and collaborative features boosts efficiency by providing a centralized platform. This interface is seamless for managers and stakeholders, preparing companies for the new era of pay-transparency. Fair compensation decisions are now easier to make by integrating market data in real-time and performance ratings into one place. All the data you need to make informed decisions is available in a single, secure location. Managers and stakeholders find a space for seamless collaboration that makes pay communication with employees easy.

Global tech companies rely on Ravio to provide real-time benchmarking of total rewards, market trends and compensation management. Compare your compensation with live data on salary, equity, variable and variable pay, benefits, and more, sourced directly by global tech companies just like you. Connect your HR system and Ravio will map your employees' (or level frameworks) to the relevant Ravio standard. Adjust your benchmarks as you grow, to ensure apples-to apple comparisons. Compare the total compensation packages of your employees with live market data. To ensure relevance, you can filter by industry, headcount and funding stage. Salary bands and budget forecasting are easy to use and provide a way to balance people's goals and budget realities. By providing the "why" of every compensation decision, you can help managers, finance and talent acquisition teams to have informed conversations. Transparent salary bands eliminate the back and forth.