Best Salary Benchmarking Tools for Small Business

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.

A HCM system that adapts to the future. Your workforce, where and how they work, and even the skills that you need to adapt, all change. How can you adapt to the future? Meet Workday Human Capital Management (HCM). Machine learning allows you to understand the skills of your people today and build talent around those skills tomorrow. Workday Human Capital Management allows you to make recommendations, suggest learning, and keep the lines of communication open. It's possible to do it at scale. Our augmented analytics uncovers insights from large data sets and explains why in stories that you can understand. Intelligent automation is provided throughout the attract-to-pay process. This eliminates manual tasks and empowers your employees to be their best selves. Workday HCM can help you manage your workforce, from compensation and payroll to benefits tracking and time tracking, to time tracking and more.

Compare your organization's compensation data to the market. We can help you identify the cost-to-market and provide actionable plans to keep your organization competitive. Pay equity in your workforce. OpenComp can help you identify differences in pay equity between genders and ethnicities so that you can quickly close them. You can create multiple growth plans for your organization and estimate the equity and cash burn for each scenario. Based on precise location models, map compensation. OpenComp allows you to adapt your comp philosophy as teams become more distributed. You can make fair offers and get compensation requests directly from the market.

Compease is an automated, comprehensive salary administration software that was developed by HR Performance Solutions. Compease is intuitive and secure. It allows businesses to keep accurate and competitive pay rates, as well as manage their merit increases and compensation budgets in an easy way. Compease makes it easy to ensure that your company's salaries are fair and aligned with the market. Compease provides a variety of features, including a job evaluation system, ranges and salary grades, market-driven data on salary data, salary planning and compensation assessment, plan modeling, budget control, as well as budget control.

Decusoft Compose is the future of compensation automation. A secure, web-based, centralized platform for compensation professionals that powers your compensation planning, administration, management. The voice of the compensation professional is heard, from product design to service delivery and product development. Decusoft developed Compose to simplify the administration of variable pay programs, including Merit, Bonus and Short-term incentives. Compose is not a traditional modular software suite. Compose is a flexible, scalable, and configured solution that can be integrated with your existing human resource management system.

Equity. Simplified. Carta is a tool that helps investors and companies manage their equity plans, valuations, investments, cap tables, and capital plans. Start by creating your Carta cap table. Then, issue electronic securities, get 409A appraisals, and run liquidity events. Your cap table will remain updated automatically. Your cap table will stay up-to-date with all equity transactions and information in Carta. We help you to stay compliant when issuing equity or getting 409A valuations. Investors and employees can accept electronic securities and exercise options. They can also track vesting schedules. Carta assists more than 800,000 shareholders to manage equity worth $575 billion. Carta can help you, whether you need a captable and a 409A or are looking to run secondary transaction, leverage financial reporting, tax tools, and stay closer to investors.

Get the insight and confidence you need to get paid right with industry-leading, AI-powered salary data and relevant, validated compensation software. Payfactors is a powerful and scalable full-suite solution for compensation management. Insight Lab is an intelligent, simple-to-use tool for managing compensation. It can help you build pay structures, manage merit increases, and monitor pay equity. We are committed in ensuring accuracy in pay by providing accurate and transparent salary market data that is true to the source. Payscale's intelligent software solutions were designed (and continuously optimized) to address the evolving pay challenges of a workforce.

CompTool is one of the most affordable and easiest market pricing and compensation programs available. We have a solution that will work for any company, whether it is a startup, a Fortune 500 or a consulting firm. We implement our users on average in three days and not three weeks. You can either use our white-glove service or follow our step-by step guide to load everything. CompTool was designed with the practitioner in mind and to keep clutter at bay. All the information you need is at your fingertips. CompTool has a simple and intuitive way to update and refresh the data. Users can choose to use our data refreshes or update their data in a matter of minutes. CompTool's feedback collection tool allows your team members to share market data and market matches with your stakeholders.

PROSFY is a new salary benchmarking technology. It allows individuals and small-to-medium-sized businesses to calculate their salary in real-time. The goal is to close the existing wage gaps and increase transparency on the labor market.

Simple and straightforward platform for real-time salary benchmarking & HR insights based on what's most important, attracting & maintaining talent. Data on remuneration is collected directly from our clients' payroll and HR systems to provide a real-time survey of the value of a role. Our advanced job-matching platform matches roles, and provides a trust score based on the data points. We value your privacy, so we anonymize all data sets. This ensures that your data is safe while also providing you with valuable insight to drive decision making. Instead of being frustrated by your remuneration processes, turn them into a valuable source of information. LiveRem allows you to search, compare and access roles in New Zealand across all industries and companies. No need to waste time on lengthy salary surveys.

Levels.fyi, a platform that provides transparency in compensation and career advancement across industries is dedicated to promoting transparency in the tech industry. It provides a comprehensive salary database, allowing users the ability to search and compare compensation packages across over 300,000 positions in different companies, job titles and career levels. The platform includes tools like a salary heatmap and salary calculator to help individuals make informed career decisions. Levels.fyi also provides verified salary data and internship salary information. It also publishes an annual pay report highlighting the top-paying industries and trends. The platform offers personalized assistance to professionals who are looking for help. It offers services such as resume reviews and salary negotiation support. Former tech recruiters use their expertise to help users maximize compensation and career growth.

Join other professionals in your company or industry to receive helpful advice from coworkers and colleagues. Fishbowl, a professional network platform, allows users to connect with each other and engage in discussions about their industry or company. It provides a place for professionals to ask and answer questions, share their experiences, or seek advice. This can be done anonymously or under different privacy settings. Users can create or join communities (known as "bowls") based on specific industries or companies. This allows for genuine conversations between professionals with similar roles. Live audio events and chats are available on the platform, allowing users to interact directly with peers and industry leaders. Fishbowl facilitates networking by allowing direct messaging and connections to professionals in various fields. It is available via mobile applications for both iOS and Android devices. This provides a user-friendly interface to facilitate seamless engagement.

Power data-driven compensation decisions. CompAnalyst boosts compensation impact through accelerated workflows and curated suggestions. The integrated compensation platform that works well for all businesses. CompAnalyst solutions allow for smart pay decisions throughout the employee lifecycle. For unparalleled pricing accuracy, leverage the most current compensation data available in the market. With just one click, analyze pay competitiveness, automate pricing in the market, and take part in surveys. Combine internal company data with market data to get 360 degree analysis and reporting. It is time to take a fresh approach to education in compensation. Salary.com has partnered up with experts in the compensation industry to create a list of free courses that address key aspects of the compensation agenda. Learn the skills you need for success in your company.

Strategically leverage compensation to meet the rewards challenges of tomorrow and today with beqom's centralized and secure compensation and sales performance management software. beqom is a company that focuses on managing compensation for companies that demand the best from their compensation strategy. We have helped companies such as Daimler, McDonald's and Fujitsu streamline their compensation processes, cut costs and improve compliance. Our goal is to make your employees happy. Our flexible, adaptable and comprehensive sales performance management solutions integrate seamlessly with Workday, SAP SuccessFactors and Oracle HCM. This allows you to manage your employees' rewards without compromise.

The HR system that empowers and guides you to make informed decisions based on data-driven insight. Heartpace is a HR system that simplifies and supports your daily HR-work. You can choose the modules that you need at your own pace. You can choose the modules at your own pace and according to your preferences. Heartpace is your partner in creating a modern, data-driven organization. Heartpace HR Management allows you to save time and take control of your entire HR process. Heartpace Performance Management toolbox helps you to create a winning culture and employee engagement. Our top priority is to provide a simple, intuitive, and engaging user experience for both you and your employees. Smooth Equal pay Analysis & Salary review. Our Equal Pay Index can help you improve gender equality. Our insights-driven approach helps you to understand your pay structure. The salary review process can be simplified. All this and more is available in Heartpace Pay Management.

Compport is a SaaS-based solution that manages all your compensation plans. This includes candidate offers, annual/adhoc salaries review, bonus/incentive plans (customized for clients needs), long term incentive plans and Rewards and Recognition schemes. It is a 100% modular solution that allows users to design single or multiple compensation plans with 100% flexibility. They can then compare and assess the budget and impact upfront, launch it to line managers to review the salary components for their respective teams, and then allow communication with employees via a digital form to allow access to letters and total rewards statements. It assists organizations in achieving the following: • Superior efficiency up to 90% in all compensation processes • 100% flexibility in comp modeling and agility • Leaders, managers, and HR can make better decisions • Empowered culture through cascading decisions to the right stakeholders with the controls needed

Real-time communication and planning of compensation is possible. Pave makes it easy to make better comp decisions and eliminate spreadsheets. It is powered by real-time integrations from your HRIS, ATS and Cap Table. Merit cycles can be a tedious process. Teams create compensation reports and have spreadsheets that are accessible to every manager. Pave centralizes compensation data to manage merit cycles in one place. Employees and candidates often overlook the entire picture regarding equity, bonuses, or benefits. Pave lets you visually present the entire dream to attract and retain top talent. Most surveys require periodic manual uploads, resulting in out-of-date compensation data. Pave integrates your systems in minutes and provides real-time benchmarking data for compensation. Surveys on compensation are outdated. Total rewards are more than just salary.

Orbit Pro(c), the new benchmarking platform from Turning Point, provides organisations expert salary benchmarking services and pay review services. It also offers powerful job evaluation capabilities. It delivers actionable'real-time' insight through a fully compliant solution. Orbit Pro(c), which is uniquely positioned to offer organisations, from SMEs to Global Enterprises, access to the most comprehensively validated European salary database. This allows you to search more than 16,000,000 individual data points by region, seniority, turnover, qualification, and specialization. Orbit Pro(c), which is combined with Turning Points 12 point analytic job evaluation system, provides an easy-to-use platform. You can create, manage, review, and benchmark roles in your organisation by using Orbit Pro(c).

Barley makes it easy for you to manage, structure, analyze, adjust, and manage your compensation across your entire organization. You can also keep an eye on changes in salary trends with Barley. Create a consistent compensation structure for your company. Get the context you need for data-driven pay decisions. You can complete compensation reviews in less than 30 minutes and with greater confidence. Your talent team is aware of changes in the market. You can use the data they collect to get an instant pulse on market trends. Get the most current salary benchmarks from your candidates. It takes a lot of time to manage compensation in spreadsheets. Barley's automated workflows make it easy to speed up every step of your compensation process. This allows you to focus on what really matters: your people, your goals. Your greatest asset (and cost) is your people. Barley allows you to have complete control over your merit increase and hiring budgets so you can place them where they are most effective.

We believe that when you pay correctly, everything works better. When pay is fair, it builds trust. Together, organizations and employees can face challenges, work towards common goals, and act passionately. We remain steadfast in the face of uncertainty and change. We will continue to lead the compensation management and data category that we created and work together to make all compensation fair and equal. We are a group of technology innovators, industry professionals, customer success specialists, and compensation practitioners. What brings us together? We all share a passion for helping you receive the right pay.

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.

Modular HR management solutions provide over 10,000 companies with a simpler way to manage and grow their workforce. Streamline hiring, pre-hire and onboarding. Secure top talent and ensure compliance. Automate your HR and workforce management. Your high-risk business will benefit from seamless onboarding, compliance with HR regulations, and employee engagement. Use performance and learning software for strong leadership, management-employee relations, and legal compliance when there are changes in the workforce.

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.

PayReview is an HR software that has been specifically developed to help Human Resource departments manage and track pay reviews within their business. This saves both time and money. PayReview software can be used in conjunction with your industry salary benchmarking review. It provides a central place to record employee appraisals, and salary suggestions against budget restrictions. Our customers report that they have saved more than 500 hours per year in their pay review process by using our streamlined software. This has allowed them to reach timeframes previously unattainable. PayReview software can be used to provide support in many ways. We offer tutorials online and dedicated email and phone support.

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.