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10+ Best Compensation Management Softwares 2021

Compensation management software allows organization leaders to plan and execute a compensation strategy. Beyond automating budget and pay tracking, compensation management software integrates real-world data to provide fair salaries, reward success, and manage flight risk.

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Alternatives

Logo Name Rating CEO Pricing Founded Revenue Employees Location Reviews Customers
Compease 4.6 Dave Adams $49 2010 $18.4 M 47+ Livonia 3670+ Reviews N/A
Salary.com 4.2 G Kent Plunkett Custom 1999 $36.3 M 232+ Waltham 2890+ Reviews N/A
Payscale HR 4.7 Scott Torrey Custom 2002 $87.5 M 425+ Seattle 5790+ Reviews N/A
Payfactors 4.4 Jeff Laliberte Custom 2013 $55.7 M 7+ Quincy 4769+ Reviews N/A
Ceridian Dayforce HCM Compensation 4.3 David Ossip $11.50 1992 $824.1 M 5200+ Minnesota 2340+ Reviews 3718+
Paycom Compensation Management 4.2 Chad Richison $195.67 1998 $113 M 3765+ Oklahoma City 3789+ Reviews N/A
Ultipro Compensation Management 4.4 Scott Scherr $600 1993 $2 M 5144+ Weston 1978+ Reviews 6600+
Workday Compensation 4.4 Aneel Bhusri $100 2005 $913 M 12500+ California 2700+ Reviews 3200+
Saba Compensation Management 4.5 Phil Saunders $300 1997 $33 M 1400+ Dublin 1654+ Reviews 4000+
Talentsoft CMS 4.8 Jean Stephane Arcis Custom 2007 $75 M 600+ France 8900+ Reviews N/A

Compease

4.6 User Rating
$49 Price
Compensation Calculation, Compensation Assessment, Salary Planning Features
Overview
Compease is a high-end cloud-based compensation management software built for businesses of various sizes. Established in 2010, Compease is one of the fastest-growing compensation management software, earning $18,400,000 in revenue. Along with its high-powered capabilities and superb recognition across multiple users around the globe, Compease is branded as one of today's best compensation management software.

Salary.com

4.2 User Rating
Custom Price
Customization, Workflow Automation, Reporting Capabilities Features
Overview
Salary.com is another leading compensation management software that delivers integrated compensation management solutions. This software offers high-powered compensation management solutions that simplify rewards and payment processes for businesses. Established in 1999, Salary.com has been serving multiple organizations worldwide, making the app recognized as one of the best compensation management software.

Payscale HR

4.7 User Rating
Custom Price
Salary Monitoring, Job Benchmarking, Fresh Market Data and Analytics Features
Overview
Payscale HR is a renowned provider of compensation management solutions. This company has been operational for almost two decades and has helped thousands of employers and HR managers. In 2018, Payscale HR was recognized by G2 Crowd as among the Top 100 Best Software Companies. To this day, CEO Scott Torney and his team are pushing to further improve their platform.

Payfactors

4.4 User Rating
Custom Price
Access control, Compensation Data Management, Customization Features
Overview
Payfactors is an established provider of compensation management software. The company was founded in 2013 with Jeff Laliberte as its current CEO. Payfactors aims to make life easy for HR and compensation personnel. Their platform is being used by more than 25,000 professionals globally. That number could grow if their compensation management software will grow and improve.

Ceridian Dayforce HCM Compensation

4.3 User Rating
$11.50 Price
Simple reporting, Mobile access, Quick data entry Features
Overview
Ceridian is recognized as a global provider of human capital management solutions. One of their best products is Ceridian Dayforce. With Dayforce, Ceridian is able to help many companies to simplify and automate their HR operations. The users of Ceridian Dayforce come from different countries. They belong to small, mid-size, and large companies.

Paycom Compensation Management

4.2 User Rating
$195.67 Price
Access control, Compensation Data Management, Customization Features
Overview
Paycom Compensation Management is a leading compensation management platform that delivers consistent and efficient compensation management programs for businesses. Developed as a high-powered compensation management software, Paycom Compensation Management delivers extensive tools and programs that improve every company's compensation management. Established in 1998, Paycom Compensation Management is one of the pioneering providers of compensation solutions, trusted by thousands of users.

Ultipro Compensation Management

4.4 User Rating
$600 Price
Talent Management, Reporting, Performance Management Features
Overview
UltiPro Compensation Management is another compensation management solution that delivers superb compensation features. Released as part of UltiPro's HR solutions, this platform enables managers to navigate through the process of allocating payment and rewards to their workforce. Since its release, UltiPro becomes the go-to platform for thousands of operations, making the solution part of the best compensation management software charts.

Workday Compensation

4.4 User Rating
$100 Price
Performance Management, Time Tracking, Goal Management Features
Overview
Workday Compensation is a cloud-based compensation management software that delivers the easiest compensation solutions. Programmed as part of Workday Inc's HR, finance, and planning solutions, Workday Compensation has the ability to simplify compensation management across businesses. Since its release in 2005, Workday Compensation captures multiple businesses globally, making them branded as one of the leading compensation management software.

Saba Compensation Management

4.5 User Rating
$300 Price
Manager Dashboards, Workflow and Notifications, Budget Planning Features
Overview
Saba is a software company that has merged with Cornerstone, also a provider of HR solutions. Together, the two brands collaborate to produce the best platforms for HR operations, including the compensation planning process. That has been their goal ever since the two software companies merged on April 22, 2020.

Talentsoft CMS

4.8 User Rating
Custom Price
Learning Management, Compensation Management, Document Management Features
Overview
Talentsoft is a prominent solutions provider for talent and compensation management challenges. Talentsoft has been in the SaaS market since 2007 and it has earned several awards and recognitions. Talentsoft's goal is to provide a more efficient alternative in managing talent and compensation. Talentsoft's team is continuously improving their platform to optimize their users' experience consistently.

Features:

  • Salary & commission tracking.
  • Budgeting, forecasting, and approval workflow.
  • Performance metrics, long-term planning, benefits deferral.
  • Executive compensation.