Top 17 Best Compensation Management software

Compensation management software is a tool that helps organizations streamline and automate their processes for managing employee compensation.

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Discover the top 17 compensation management software

KEKA

Keka – Take your compensation strategy to the next level with our compensation management software. Streamline your operations and enhance employee satisfaction.

  • Manage employee compensation with ease
  • Keep track of revision cycles and revise salary anytime
  • Customize salary structures for the best take-home salary
  • Compensation analytics and Compa ratio
  • Forecasting by Salary cost
  • Plan and budget your new hires to align with your strategy
  • Measuring employees competitiveness in terms of compensation
  • See all the history of salary revisions of an employee

LATTICE

Lattice is the people management platform that empowers people leaders to build engaged, high-performing teams, inspire winning cultures, and make strategic, data-driven business decisions.

  • Connect performance and compensation
  • Retain talent through transparent pay strategies
  • Build a streamlined process with unified data

TRINET

TriNet can help you align compensation practices with business goals to make more informed decisions on employee pay.

  • Attract top talent
  • Review salary metrics
  • Perform accurate benchmarking
  • Create compensation assessments
  • Make informed salary decisions

BARLEY

Barley makes it easy to structure, analyze, and manage compensation across your entire company – and keep a pulse on changing salary trends.

  • Visualize your pay bands at-a-glance
  • Streamline comp reviews without spreadsheets
  • Analyze pay equity in a powerful dashboard
  • Effectively communicate your total rewards
  • Access reliable global benchmarking data

BEQOM

Beqom is a Total Compensation Management Software Solution focused exclusively on managing compensation & performance for HR & Sales.

  • Complete, flexible enterprise-level compensation you can trust
  • Ensure fair pay and compliance anywhere in the world
  • Transform performance management from a process…to an experience
  • End-to-end sales performance management in one place
  • Better decisions with complete and accurate data

HRSOFT

HRsoft – Ditch the spreadsheets and transform your HR processes with industry-leading employee compensation management software.

  • Develop a compensation lifecycle model that aligns with your overall goals
  • Initiate the compensation lifecycle within your organization and collect data to inform strategic decisions
  • Work with key stakeholders in real time, allowing for streamlined decision-making and approvals
  • Review the annual cycle you just completed and look at its effectiveness

PAYLOCITY

Paylocity – Ensure fair, competitive pay. Automate compensation plans, align budgets with business goals, and get the insights you need to pay employees accurately.

  • Automate Processes
  • Make Data-Driven Decisions
  • Manage Your Budget
  • Show Employees Your Investment in Them
  • Drive Engagement and Efficiency

COMPTRAK

Align strategy, performance and compensation with CompTrak’s suite of configurable compensation management solutions.

  • Align Compensation Across The Entire Organization
  • End-To-End Management Of All Compensation
  • Configured For Flexibility And Efficiency

PAYCOM

Compensation management and budgeting software from Paycom helps reward employees easily and fairly while staying within budget.

  • Fair and accurate compensation budgeting software for retention and engagement
  • Reporting is easy in our compensation management software

CAPTIVATEIQ

CaptivateIQ incentive compensation management software makes it easy to manage and automate any compensation plan.

  • Maximize organizational efficiency with pain-free compensation management
  • The power of no-code technology
  • Design and automate any incentive compensation plan
  • Transform compensation data on the spot
  • Automate your incentive compensation calculations in seconds

PAVE

Pave’s end-to-end total compensation & benefits management allows you to build a world-class team. Real-time salary benchmarking, 40+ direct integrations and more.

  • Unify your compensation data
  • Leverage compensation best practices
  • Enable fair pay
  • Attract and retain talent
  • Stay proactive with compensation
  • Empower your entire organization

SAP

Attract, motivate, and retain a highly skilled, diverse, and global workforce with SAP SuccessFactors Compensation software.

  • Make informed decisions about employee pay
  • Automate and simplify employee compensation planning
  • Centralize employee compensation management

EMPERFORM

Our compensation management software is a simple and effective way to track performance decisions with emPerform.

  • Centralise compensation planning and budgets
  • Automatically route compensation plans for approval
  • Allow for easy export and printing
  • Add notes, attachments, and keep signatures in one place
  • Consolidate all compensation changes instantly
  • Give managers detailed compensation change statements to share with employees
  • Ensure transparency, accuracy and consistency in your rewards process

PEOPLESPHERES

A unified platform for all your most-trusted HR systems. PeopleSpheres is a centralized hub for cross-application reporting, workflows, etc.

  • Reward top performers with an intuitive compensation plan
  • Create a pay-for-performance culture
  • Rationalize compensation planning
  • Get accurate data
  • Upgrade your HR management

WORKDAY

Workday compensation management software makes it easy to define employee compensation within your organization. Our compensation management system gives you the insights needed to create plans that attract and retain top talent around the globe.

  • Define a compensation program that’s just right
  • Reward employees, together
  • Craft the mix that matters most
  • Design programs that work for your workforce
  • Provide total insight into total rewards
  • Compensation benchmarking that gets it right

CARTA

Carta (formerly eShares) is an ownership and equity management platform trusted by thousands of founders, investors, and employees.

  • Get reliable compensation benchmarks
  • Communicate comp, equity, and upside
  • Hire top talent from anywhere in the world

XACTLYCORP

Xactly Incent helps you tackle the toughest incentive compensation management challenges and deliver the results that matter for everyone from Comp to HR.

  • Configure, optimize, and grow
  • Design better sales compensation
  • Ditch the spreadsheets
  • Drive better performance
  • Scale your compensation programs

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