CompTrak 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.
CompTrak Alternatives
CompAccelerator by Dartican is a robust compensation planning tool that allows you to respond to the demands of today's dynamic business environment. CompAccelerator assists managers in allocating long-term and salary bonuses. This increases transparency, improves visibility, and improves accuracy. It also reduces the time and costs required to set up and manage your planning cycle. The intuitive administration of this feature-rich, highly scalable software allows for sophisticated capabilities that can be quickly and easily applied to improve business agility. CompAccelerator comes with a team of support staff that has extensive corporate compensation experience.
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CompUp is an all-in-one compensation management platform designed to help rewards teams benchmark, plan, and communicate compensation to support fair pay. By bringing all compensation data and benchmarks together, it provides valuable insights for running appraisal simulations and managing executive appraisals with ease.
Core Product Modules:
Survey Management: Centralizes the handling of all compensation surveys.
Bands: Build and securely share pay bands across functions, job families, and levels.
Simulation: Conduct budget simulations to recommend employee-specific increments.
Appraisal Cycles: Streamlined multi-level budget approvals for business units.
People Analytics: Customizable dashboards offer deep insights for data-driven decisions.
Total Rewards Portal: Show employees the total value of their compensation.
Pay Equity Management: Identify and correct pay disparities to ensure compliance.
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HRSoft Compensation Management
HRSoft Compensation Management simplifies, simplifies, and controls complex compensation planning. This reliable, best-of breed compensation management software solution was created by HRsoft. It allows employers to eliminate spreadsheet errors and automate the entire process for salary, bonus, merit, and other benefits. HRSoft Compensation Management is a powerful platform with many features. It reduces the time involved in complex compensation cycles by making it more efficient, accurate, and auditable. The main features include automatic worksheets and budgets, global pay requirements and custom reporting, HRIS integration, salary merit and bonuses calculations, global payroll requirements, and more.
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FocalReview
FocalReview®, SpiraLinks flagship tool, allows you to manage your compensation planning and performance processes better. FocalReview® allows you to manage your stock, bonus, and salary plans in different time frames for different employee populations. It also supports multiple languages and currencies. Your HR teams can budget and recommend, analyze, and approve all phases of compensation. This is possible regardless of whether multiple management organizations are involved. Your business strategy can be tied to your compensation practices. Employee performance can be aligned with workforce rewards. FocalReview®, a role-based, highly configurable compensation management module, helps you balance merit, adjustments lump sums, promotions and bonuses. You can pay in multiple languages, currencies, or pay periods, including hourly, annually, and anywhere in between.
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Integrations
Company Details
Company:
HRSoft
Year Founded:
1996
Headquarters:
United States
Website:
comptrak.com/
Media
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Product Details
Platforms
Web-Based
Types of Training
Training Docs
Live Training (Online)
Webinars
In Person
Customer Support
Business Hours
Live Rep (24/7)
Online Support
CompTrak Features and Options
Compensation Management Software
Bonus Management
Compensation Assessment
Compensation Calculation
Compensation Plan Modeling
Compensation Statements
Employee Reward Programs
Incentive Programs
Organizational Charting
Equity Management Software
Cap Table Management
Options Management
Participant Portal
Private Equity
Public Equity
Vesting Management
CompTrak Lists
CompTrak User Reviews
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