Best Compensation Management Software in 2026 - Page 3

Today’s employees expect transparency, fairness, and flexibility in compensation. Payfederate makes it easy to meet those expectations by providing the tools to implement modern compensation practices. Payfederate offers a comprehensive set of features designed to streamline and optimize compensation strategies for organizations. The platform ensures that pay structures are adaptable, competitive, and compliant with labor laws, while enhancing employee engagement through fair compensation. Key Features: JOB CATALOG: Maintain job codes and descriptions JOB DESCRIPTIONS: Use structured generative AI based on templates, knownj ob architecture details, and user inputs to create consistent job descriptions JOB MATCHER: AI matching of employer jobs to multiple survey jobs; create composite market targets based on multiple matches JOB ARCHITECTURE: Create, view and modify job architecture with flexible career leveling and job function hierarchy CREATE RANGES: Either manually or via different regression models, create range tables and edit midpoint differential and range spread to optimize fit MARKET PRICING:Consolidated view of job description, market target with matched survey jobs, real-time job posting data, adjacent internal jobs to enable fine tune adjustments RANGE MANAGER: Visualize placement of employees within salary ranges based on job architecture, location, grade, or career level; identify employees below or above range and possible new hire pay compression challenges; create budget scenarios for merit planning market adjustments JOB POSTING: Leverage job catalog and AI to create job postings with appropriate pay range for export to ATS/recruiting software NEW HIRE OFFERS: Import new hire candidates from ATS and share position in internal ranges and assess internal equity for offers and counteroffers EMPLOYEE STATEMENTS: Provide employees and managers with a comprehensive view of total rewards in a visually compelling representation of base pay, STI, LTI and benefits ANALYTICS & REPORTS: Explore scenarios and analyze structures for gender equity, geography differentials, compa ratio, and range penetration. Generate 1-click reports for survey submissions, new survey comparisons, and custom reports defined by user

Carta Total Comp is a tool that private companies can use to compare their salary and equity packages to market compensation rates using real-time private company equity compensation data.

Compaas is a cloud-based compensation management platform designed to help organizations effectively manage and optimize their compensation processes. By integrating with existing HR systems, Compaas provides a comprehensive view of compensation distribution across various segments of an organization, ensuring pay equity and competitiveness. The platform's intuitive interface and robust functionality make it ideal for businesses aiming to enhance operational efficiency and support strategic compensation management initiatives. Key Features and Functionality: - Compensation Modeling: Build customized models to forecast salaries, incentives, and equity grants, allowing for comprehensive compensation scenario analysis. - Benchmarking: Access crowdsourced salary data to inform compensation decisions and establish competitive pay ranges. - Incentive Management: Set up tailored incentive plans, automate payout calculations, and provide transparency into rewards structures. - Analytics Dashboards: Gain insights into compensation metrics and trends with both out-of-the-box and customizable analytics tools. - Integration Capabilities: Seamlessly connect with major HR platforms, such as Workday, to streamline data flow and enhance reporting accuracy. Primary Value and Solutions Provided: Compaas delivers significant return on investment by optimizing compensation planning through data-driven modeling, benchmarking, and analysis. It increases workforce productivity by ensuring pay fairness and competitiveness, controls costs by modeling budget-aligned compensation plans, and attracts and retains top talent with competitive salaries. Additionally, Compaas helps achieve pay equity across gender and ethnicity by eliminating biases and supports long-term compensation expense strategies through multi-year forecasting. For HR teams, Compaas automates complex, manual compensation management processes, freeing up time for strategic tasks and reducing reliance on spreadsheets. Its AI-powered modeling and benchmarking provide data-backed guidance tailored to each company's unique requirements and objectives.

Compease can support the purpose of your compensation philosophy with full automation, allowing you to professionally manage your organization's salary administration with ease and confidence.

Kamsa is a compensation management platform that combines software and expert consulting to help companies design equitable, globally competitive pay strategies. Leveraging machine learning, Kamsa delivers real-time global compensation data, enabling data-driven decisions for fair and transparent pay. Kamsa provides real-time global market compensation data, allowing leaders to make data-driven pay decisions that establish consistent compensation structures and ranges. With Kamsa, companies save time and money by budgeting for and conducting compensation reviews 5 times faster than traditional ways. Kamsa offers a hybrid approach - combining curated, real-time market compensation data with expert consultants to partner with companies to inform, support, and implement their compensation strategies and initiatives. Compensation reviews for both salary and equity reviews where performance ratings and promotions or refined eligibility can help you stay in your budget and make it simple for leaders to participate in their review.

Pave (formerly Portify) is an award-winning credit builder app that actively works with you to help you build your credit score. Pave offers a range of smart tools to help you stay on top of your finances and improve your credit score. Pave offers a simple product with a single membership fee. We say NO to credit card debt, hard credit checks, interest or APR and being sold more debt. Instead of selling you more debt, we help you take the best actions for your credit health by offering bills monitoring, personalised credit fixes and more. We work with Experian, Equifax and TransUnion to help you build your credit score. Pave works with you to help you build your credit score.

Our HR software PAYreview has been designed to help Human Resource departments manage and track pay review within the business more efficiently.

Pequity is a compensation management software designed to help HR, finance, and compensation teams streamline and automate compensation cycles, ensuring equity, transparency, and compliance. The platform supports both structured annual or semi-annual compensation reviews and off-cycle adjustments, such as new hire offers, promotions, and internal transfers. By centralizing compensation data and workflows in a secure, user-friendly system, Pequity reduces manual processes, minimizes errors, and ensures alignment with internal pay structures and market benchmarks. It provides automation and analytics to help organizations efficiently manage and execute their compensation cycles at scale. Key Features and Capabilities: • Compensation Cycle Management: Automates salary reviews, bonus payouts, and equity grants for annual or off-cycle adjustments. • Pay Band & Market Data Integration: Centralized management of salary structures with benchmarking tools. • Approval & Collaboration Workflows: Customizable approval processes for HR, finance, and leadership teams. • Employee Compensation History & Auditing: Tracks past compensation changes for compliance and internal analysis. • Analytics & Reporting: Real-time insights into pay equity, performance-based compensation, and budget utilization. • Secure & Scalable Infrastructure: Ensures data protection and seamless integration with HRIS and payroll systems. Pequity is built to handle compensation at any scale, from high-growth startups to global enterprises. By automating comp cycles and providing data-driven insights, Pequity empowers organizations to make informed, fair, and strategic compensation decisions.

Agora is building a modern platform for total compensation. We help companies figure out how to pay their employees by making data-driven decisions. We are building a system of record for salary bands and job ladders with dashboards for analytics. We are disrupting old industry software and manual compensation surveys by leveraging technology and integrations to provide real-time analytics and data. Our mission is to bring transparency to compensation -- for companies, employees, and candidates.

Barley helps companies make smart and proactive compensation decisions by bringing together pay band management, comp reviews, benchmarking, and total rewards in one, easy-to-use platform. Barley delivers a wide range of compensations solutions including: Salary Band Management, Compensation Review (Merit Cycles) Automation, Pay Equity Analysis, Comp Analytics, Candidate Benchmarking Data, Global Salary Benchmarking Data (Powered by Mercer), and Employee Total Rewards Portal. With Barley, HR and Total Rewards teams can: - Automate and streamline comp reviews to save time, eliminating manual processes - Empower managers with pay guidelines and autonomy for fair pay decisions - Customize comp reviews to your organization’s unique needs - Control spend by allocating budgets down to departmental levels - Gain data-driven insights to spot potential pay issues and ensure equity - Ensure security with access control to prevent unauthorized sharing

CompXL is a type of compensation planning software solution designed to help organizations streamline and automate their entire compensation cycle. This innovative platform combines the familiar functionality of Excel™ with the advantages of cloud-based technology, offering a flexible and secure environment for managing merit increases, bonuses, long-term incentives, and total rewards statements. Targeted primarily at HR professionals and compensation managers, CompXL is suitable for organizations of various sizes looking to improve their compensation management processes. It is particularly beneficial for those transitioning from manual or outdated systems, as well as those aiming to enhance their current compensation strategies. The software's configurability allows it to adapt to the specific needs of any organization, ensuring that users can implement it without undergoing a complete overhaul of their existing processes. One of the key features of CompXL is its ability to automate complex compensation calculations, which significantly reduces the time and effort required for compensation planning. By centralizing all compensation-related activities within a single platform, users can easily track and manage merit increases, bonuses, and other incentives. This not only enhances efficiency but also improves accuracy, as the risk of manual errors is minimized. Additionally, the platform provides comprehensive reporting capabilities, enabling organizations to analyze compensation data and make informed decisions based on real-time insights. CompXL stands out in its category due to its user-friendly interface and robust integration capabilities. Organizations can seamlessly connect the software with their existing HR systems, ensuring a smooth flow of data and minimizing disruptions during implementation. The platform's cloud-based nature also means that users can access it from anywhere, facilitating remote work and collaboration among teams. Furthermore, the security features inherent in cloud solutions provide peace of mind, safeguarding sensitive compensation data from unauthorized access. Overall, CompXL offers a powerful solution for organizations seeking to enhance their compensation planning processes. Its combination of flexibility, automation, and security makes it a valuable tool for HR professionals aiming to optimize their compensation strategies while maintaining compliance and accuracy.

HRSoft simplifies even the most complex variable compensation programs by automating calculations, streamlining workflows, and delivering real-time insights that keep every stakeholder aligned.

Equilar Insight offers a suite of solutions to help you stay ahead of your executive compensation, plan design, investor expectations and ensure sound governance practices.

LiveRem is a real-time HR insights benchmarking platform. Founded in 2024, LiveRem connects directly to payroll & HR systems to provide an always-on view of HR insights, and compares these to the rest of the market. LiveRem helps customers make data driven decisions, save time and improve cost efficiency. Ultimately LiveRem helps organisations attract and retain talent. LiveRem is currently available in New Zealand and Australia, and will soon be available in Singapore and Dubai.

With the SAP SuccessFactors Compensation solution, you can improve individual and business performance through personalized, timely rewards and recognition programs. Our intuitive compensation management software can help you build and manage strategic compensation programs that align with the needs of your employees, your business, and your budget. -Manage rewards and compensation with real-time insights by using a single, unified solution -Optimize your compensation programs with advanced modeling and forecasting capabilities based on best practices -Motivate your employees to perform at their best through timely recognition awards and acknowledgments