Compensation Management Software

Compensation management software is a tool for managing employee compensation and benefits that analyzes, forecasts, and models compensation.
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Deel

Deel

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Min. Group Size

-

Lives Serviced

100,000

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55 RFI Questions Get access to vendor answered question RFIs.

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Product Features

✓

Global compensation plans

 ✓

Merit increase calculations
✓

Customizable compensation time frames

 ✓

Salary grades and ranges per position

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Not Provided.

Product Description

Deel Compensation simplifies the compensation management process by giving HR teams the tools to design and implement compensation programs, streamline review cycles, and enable pay transparency, ensuring alignment across HR, finance, and leadership... Show More
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Paycor

Paycor

4.2 (119)
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Min. Group Size

-

Lives Serviced

-

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Paycor Compensation Planning was built for HR leaders looking to create a strong compensation strategy that reduces turnover and aids in finding the right talent. By automating compensation events in one system and... Show More
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UKG (Ultimate Kronos Group)

UKG (Ultimate Kronos Group)

1.5 (1)
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Company Overview

Founded

2020

Employees

9,349

Funding Summary

1 Angel Round

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About UKG (Ultimate Kronos Group)

UKG was founded in 2020 as a result of the merger between Ultimate Software and Kronos Incorporated. Ultimate Software was founded in 1990 and Kronos Incorporated was founded in 1977. Show More
Ceridian is now Dayforce

Ceridian is now Dayforce

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Founded

Oct/1932

Employees

0

Funding Summary

150M Private Equity Round

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About Ceridian is now Dayforce

Ceridian is a global human capital management software company that makes work life better. Our flagship product, Dayforce, includes full-suite HR functionality, from Payroll, Benefits, Time and HR to Talent, Performance, Compensation Management and beyond. Dayforce's single-database/single employee record design make it the most efficient and easiest to use HCM platform on the market. Show More
Sage People

Sage People

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Company Overview

Founded

2007

Employees

11,000

Funding Summary

None

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About Sage People

At Sage, we transform the way people think and work, enabling their organizations to thrive. Every day, all around the world, over 11,000 colleagues and local networks of accountants and partners support and enable business builder success.
Sage People is a global mid-market HR solution, built on the Salesforce platform, that delivers true customizability for even your most challenging HR needs. Show More
ADP

ADP

4.3 (125)
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Company Overview

Founded

1949

Employees

64,603

Funding Summary

20M Series C

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About ADP

Employers around the world rely on ADP for cloud-based solutions to help manage their most important asset — their people. From human resources and payroll to talent management and benefits administration, ADP brings unmatched expertise to help clients build a better workforce. Founded in 1949, ADP is a pioneer in Human Capital Management (HCM) and business process outsourcing (BPO), with more than 57,000 associates serving more than 740,000 clients in 113 countries. Show More
UZIO

UZIO

Reviews pending
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Founded

2009

Employees

0

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About UZIO

Technologies change, but our dedication to enabling SMBs, benefits brokers, ASOs & PEOs to perfect the employee experience never will. UZIO is an online cloud-based payroll, benefits, and HR platform that is integrated with each other providing a seamless experience for both employers and employees.
Juggling the paper forms, managing clunky spreadsheets, dealing with erroneous calculations, multiple compliance files? No more! Be more productive from the word go with advanced HR tools - Hiring and Onboarding, Payroll Management, & PTO tracking- all in one place. Say “Hello” to your new pal that can get all your HR tasks sorted... Show More
Conduent

Conduent

Reviews pending
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Founded

01/2017

Employees

10,001

Funding Summary

Not Provided

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About Conduent

Conduent delivers mission-critical services and solutions on behalf of businesses and governments – creating exceptional outcomes for our clients and the millions of people who count on them. We focus broadly on our clients’ business challenges, leveraging our technology, tools, and best-in-class processes, to create a distinctive, differentiated experience and brand in the market.

Conduent is a recognized leader in global business process outsourcing – specifically total benefits outsourcing– serving nearly 250 global clients including 11 million people across 90 countries and in 23 different languages. Conduent is driven by a Lean Six Sigma culture that... Show More
Compa.as

Compa.as

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Founded

2016

Employees

0

Funding Summary

Not Provided

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About Compa.as

In 2017, Lisa Dusseault and Bethanye Blount founded the company in San Francisco, California.
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Collaboration Software Partners, LLC.

Collaboration Software Partners, LLC.

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Product Info

Min. Group Size

100 eligible

Lives Serviced

1,568,272

Average Cost

Average Cost is Locked

55 RFI Questions Get access to vendor answered question RFIs.

RFI questions number is Locked

19 Specific Questions Specific Questions

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Product Features

Not Provided.

Product Description

Automate Compensation Planning for Improved Visibility and Governance. Streamline compensation administration and support annual, off-cycle, and year-round compensation cycles for merit and bonus pay, promotional increases, and incentives. Define compensation cycle budgets using... Show More
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Xoxoday Compass

Xoxoday Compass

Reviews pending
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Product Info

Min. Group Size

50 eligible

Lives Serviced

-

Average Cost

Average Cost is Locked

55 RFI Questions Get access to vendor answered question RFIs.

RFI questions number is Locked

19 Specific Questions Specific Questions

Lock

Product Features

✓

Global compensation plans

 ✓

Merit increase calculations
✓

Customizable compensation time frames

 ✓

Salary grades and ranges per position

Show All Features

Not Provided.

Product Description

Xoxoday Compass is a sales incentive management software that lets you manage and automate sales incentive programs, from launching incentive plans to calculating and disbursing incentives. It enables businesses to motivate sales reps... Show More
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HRSoft

HRSoft

Reviews pending
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Product Info

Min. Group Size

1,000 eligible

Lives Serviced

-

Average Cost

Average Cost is Locked

55 RFI Questions Get access to vendor answered question RFIs.

RFI questions number is Locked

19 Specific Questions Specific Questions

Lock

Product Features

✓

Total Rewards Statements

 ✓

Global compensation plans
✓

Merit increase calculations

 ✓

Customizable compensation time frames
Show All Features

Not Provided.

Product Description

From budget modeling to employee communication, HRSoft’s compensation management software puts you in control of the entire compensation cycle. We make it easy to establish rules for every plan, initiate and manage the... Show More
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isolved

isolved

4.1 (267)
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Founded

1986

Employees

2,000

Funding Summary

Not Provided

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About isolved

isolved is a provider of human capital management (HCM) solutions that help organizations recruit, retain and elevate their workforce. More than 195,000 employers and 8 million employees rely on isolved's software and services to streamline human resource (HR) operations and deliver employee experiences that matter. isolved People Cloud™ is a unified yet modular HCM platform with built-in artificial intelligence (AI) and analytics that connects HR, payroll, benefits, and workforce and talent management into a single solution that drives better business outcomes. Through the Sidekick Advantage™, isolved also provides expert guidance, embedded services and an engaged community that empowers People Heroes™... Show More
TotalRewards Software

TotalRewards Software

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Product Info

Min. Group Size

100 eligible

Lives Serviced

-

Average Cost

Average Cost is Locked

55 RFI Questions Get access to vendor answered question RFIs.

RFI questions number is Locked

19 Specific Questions Specific Questions

Lock

Product Features

✓

Total Rewards Statements

 ✓

Automated compensation communication
Show All Features

Not Provided.

Product Description

Total Rewards Marketing Software for EEs and Candidates Show More
Company Overview
ChartHop

ChartHop

Reviews pending
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Founded

2018

Employees

0

Funding Summary

Not Provided

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About ChartHop

ChartHop is the data-first HR platform designed for modern organizations that want to move faster and make smarter people decisions. ChartHop unifies people and business data in one place – combining core HR functions with powerful planning tools, performance management, and AI-driven analytics. Visual, interactive dashboards and highly configurable workflows empower companies to plan strategically and drive business outcomes through data-informed people decisions. With five integrated modules spanning HRIS, Headcount Planning, Compensation, Performance, and Engagement, you can start with the area of greatest need and grow into the full suite. And because ChartHop is built with AI at its core,... Show More
Cowden Associates - AP Mid-Atlantic

Cowden Associates - AP Mid-Atlantic

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Product Info

Min. Group Size

-

Lives Serviced

-

Average Cost

Average Cost is Locked

55 RFI Questions Get access to vendor answered question RFIs.

RFI questions number is Locked

19 Specific Questions Specific Questions

Lock

Product Features

✓

Total Rewards Statements

 ✓

Global compensation plans
✓

Merit increase calculations

 ✓

Customizable compensation time frames
Show All Features

Not Provided.

Product Description

Our Compensation Benchmarking Matrix is an interactive, dynamic, and easy-to -use tool designed to allow you to review, analyze, and manipulate market benchmarking data to help target your efforts sand align with your... Show More
Company Overview
Paycom

Paycom

Reviews pending
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Company Overview

Founded

1998

Employees

7,300

Funding Summary

Not Provided

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About Paycom

Paycom Software, Inc. (NYSE: PAYC) simplifies business and employees’ lives through automated, command-driven HR and payroll technology that revolutionizes data access. From hire to retire, Paycom’s employee-first technology leverages AI and full-solution automation to streamline processes and drive efficiencies in a truly single database, providing a seamless experience for Paycom’s clients and their employees. With its industry-first AI engine, IWant, Paycom provides instant and accurate access to employee data without having to navigate or learn the software. For over 25 years, Paycom has been recognized for its innovative technology and workplace culture while serving businesses of all sizes in the... Show More
Payscale

Payscale

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Founded

Employees

0

Funding Summary

Not Provided

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About Payscale

As the industry leader in compensation management, Payscale is on a mission to help job seekers, employees, and businesses get pay right and to make sustainable fair pay a reality. Empowering more than 65% of the Fortune 500, Payscale provides a combination of diverse and dynamic data sources, experienced compensation services, and scalable software to enable organizations such as Panasonic, ZoomInfo, Chipotle, AccentCare, University of Washington, American Airlines, and PetSmart to make fair and appropriate pay decisions.

Pay is powerful. To learn more, visit www.payscale.com. Show More
Criterion

Criterion

Reviews pending
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Founded

February 1984

Employees

0

Funding Summary

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About Criterion

Criterion provides a complete HCM solution that includes the following modules: HR, Benefits Management, Payroll, Time & Attendance, Recruitment, Performance Management, Learning Management, Employee and Manager Self Service, Compliance Reporting, Open Enrollment Self-Service, Electronic Documents and Forms, On-boarding, Off-Boarding, Show More
RewardsFocus

RewardsFocus

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Founded

Employees

0

Funding Summary

Not Provided

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Frequently Asked Questions

What is Compensation Management Software?

Compensation management software is a digital platform that automates and streamlines the process of planning, managing, and administering employee compensation. It replaces manual spreadsheets and paper-based processes with centralized, automated workflows for salary planning, merit increases, bonuses, and other compensation decisions.

What are the Main Features of Compensation Management Software?

Core features typically include salary planning and budgeting, merit increase workflows, bonus calculations, pay band management, approval workflows, reporting and analytics, market benchmarking integration, and pay equity analysis tools.

How does Compensation Management Software differ from Payroll Systems?

While payroll systems handle the actual payment of wages, compensation management software focuses on the strategic planning and decision-making around what employees should be paid. It's used for annual planning, performance-based increases, and compensation strategy rather than day-to-day payroll processing.

What are the Main Benefits of using Compensation Management Software?

Organizations typically experience reduced time spent on compensation planning (often 50-70% reduction), improved pay equity and consistency, better budget control and forecasting, enhanced manager experience, reduced compliance risks, and more strategic compensation decision-making.

Which Types of Organizations benefit most from Compensation Management Software?

Companies with 200+ employees, multiple locations, complex approval processes, or those conducting annual merit cycles typically see the greatest benefit. Organizations focused on pay equity, those with compliance requirements, or companies experiencing rapid growth also find significant value.

How Long does it Typically take to implement Compensation Management Software?

Implementation timelines generally range from 6-16 weeks depending on the complexity of your organization, number of integrations needed, and amount of historical data to migrate. Simpler deployments can be completed in 4-6 weeks.

How does this Software integrate with Existing HR Systems?

Compensation management platforms typically integrate with HRIS/HCM systems, payroll platforms, and performance management tools. Most offer pre-built connectors for major HR platforms and APIs for custom integrations.

What Compliance Features are typically included?

Most platforms include pay equity analysis tools, audit trails for regulatory reporting, support for various labor law requirements, and documentation capabilities to support compliance audits and reporting.

What does Compensation Management Software typically Cost?

Pricing varies widely but generally ranges from $3-15 per employee per month, depending on features and functionality. Some vendors offer tiered pricing based on company size or feature sets, while others use flat annual fees.

Are there Additional Costs beyond the Base Subscription?

Consider potential costs for implementation, data migration, integrations, training, premium support, and any customization needs. Some vendors include these in their base pricing while others charge separately.

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