Compare Marketpay and Payfactors 
Featured Products
At a Glance
Market Segments
Enterprise (85.5% of reviews)
Enterprise (58.1% of reviews)
Entry-Level Pricing
No pricing available
No pricing available
Marketpay
Star Rating
(274)4.4 out of 5
Market Segments
Enterprise (85.5% of reviews)
Pros & Cons
Entry-Level Pricing
No pricing available
Learn more about MarketpayPayfactors
Star Rating
(709)4.3 out of 5
Market Segments
Enterprise (58.1% of reviews)
Pros & Cons
Entry-Level Pricing
No pricing available
Learn more about PayfactorsSummary
AI Generated Summary
AI-generated. Powered by real user reviews.
- G2 reviewers report that Payfactors excels in overall user satisfaction, boasting a higher G2 Score compared to Marketpay. Users appreciate its extensive capabilities for compensation management, with one reviewer highlighting the "many capabilities of Payfactors to assist with compensation" and the "amount of data available."
- According to verified reviews, Payfactors offers a more robust reporting feature, allowing users to create detailed reports easily. One user mentioned the platform's "useful filters" and the ability to generate reports as a significant advantage, which enhances their compensation analysis process.
- Users say that Marketpay shines in its user-friendly interface, making it easy to navigate, especially for those coming from outdated HR systems. A reviewer noted that it is "easy to pick up and navigate," which can be a crucial factor for teams looking for a quick onboarding experience.
- Reviewers mention that both platforms provide quality support, but Marketpay's customer service stands out. Users have praised the "friendly and helpful" staff who assist with various questions and problems, indicating a strong support system that can be vital for organizations.
- G2 reviewers highlight that while Payfactors has a higher overall satisfaction score, Marketpay has a slight edge in ease of setup and administration. Users have noted that Marketpay's setup process is straightforward, which can be beneficial for teams looking to implement a new system without extensive delays.
- According to recent feedback, Payfactors is recognized for its advanced job description tools, allowing companies to manage job descriptions effectively. Users appreciate the feature that enables collaboration on job descriptions, which enhances the approval process and streamlines HR workflows.
Pricing
Entry-Level Pricing
Marketpay
No pricing availablePayfactors
No pricing availableFree Trial
Marketpay
No trial information availablePayfactors
No trial information availableRatings
Meets Requirements
8.9
166
8.5
500
Ease of Use
8.6
201
8.2
570
Ease of Setup
8.3
118
7.8
369
Ease of Admin
8.6
100
8.2
298
Quality of Support
8.8
163
8.8
482
Has the product been a good partner in doing business?
9.1
98
8.8
298
Product Direction (% positive)
8.9
163
9.2
484
Features by Category
Basics
7.7
8
Feature Not Available
9.1
9
8.4
62
8.7
9
Feature Not Available
Content
7.2
9
7.4
58
8.1
8
7.6
48
6.9
8
Feature Not Available
Logistics
Feature Not Available
7.0
57
9.3
9
8.2
61
Recruiting and Onboarding
6.1
6
Feature Not Available
Platform
8.1
94
7.3
260
Feature Not Available
6.8
201
7.9
65
6.9
198
8.9
102
8.3
276
8.8
103
8.4
288
7.4
59
6.6
188
8.5
108
7.7
283
8.2
101
8.1
285
Platform
7.7
78
7.5
235
6.2
50
Feature Not Available
7.0
59
7.3
230
7.7
82
7.6
280
6.9
57
Feature Not Available
6.8
57
6.3
183
7.8
91
7.3
261
8.3
123
7.8
329
8.8
120
8.2
331
7.3
67
7.0
188
Benchmarking and Equity - Compensation Management
9.0
42
7.9
133
7.8
36
7.6
123
8.5
42
7.7
125
Platform
8.1
94
7.3
260
Feature Not Available
6.8
201
7.9
65
6.9
198
8.9
102
8.3
276
8.8
103
8.4
288
7.4
59
6.6
188
8.5
108
7.7
283
8.2
101
8.1
285
Basic Features
7.3
18
7.2
79
7.7
22
7.9
89
Risk Mitigation
7.2
17
6.7
77
6.7
17
Feature Not Available
6.9
18
Feature Not Available
6.7
20
Feature Not Available
Analytics
Feature Not Available
Feature Not Available
6.1
17
Feature Not Available
Generative AI
Not enough data
Not enough data
Not enough data
Not enough data
Generative AI
Not enough data
Not enough data
Not enough data
Not enough data
Core Features - Salary Benchmarking Software
8.6
29
8.2
84
9.0
32
8.0
90
7.9
28
7.7
78
Auditing - Salary Benchmarking Software
8.9
31
7.2
75
8.5
25
Feature Not Available
Advanced Features - Salary Benchmarking Software
8.4
29
7.4
79
3.4
24
Feature Not Available
7.8
31
7.5
79
Feature Not Available
Feature Not Available
6.7
28
6.0
68
Platform - Compensation Planning
7.8
17
7.4
63
7.0
16
6.8
60
6.9
16
7.4
63
5.9
16
7.1
60
6.8
16
7.1
60
6.9
16
7.5
63
Additional Features - Compensation Planning
8.7
17
7.6
62
5.9
16
6.9
58
7.1
15
7.1
58
Categories
Categories
Shared Categories
Marketpay and Payfactors are categorized as Salary Benchmarking, Compensation Planning, Compensation Management, Job Description Management, and Pay Equity
Unique Categories
Marketpay has no unique categories
Payfactors has no unique categories
Reviews
Reviewers' Company Size
Marketpay
Small-Business(50 or fewer emp.)
Mid-Market(51-1000 emp.)
Enterprise(> 1000 emp.)
Payfactors
Small-Business(50 or fewer emp.)
Mid-Market(51-1000 emp.)
Enterprise(> 1000 emp.)
Small-Business
(50 or fewer emp.)
Mid-Market
(51-1000 emp.)
Enterprise
(> 1000 emp.)
Reviewers' Industry
Hospital & Health Care
20.5%
Higher Education
8.7%
Information Technology and Services
5.7%
Utilities
4.5%
Education Management
3.8%
Other
56.8%
Hospital & Health Care
10.3%
Financial Services
5.6%
Retail
4.9%
Manufacturing
4.6%
Computer Software
4.5%
Other
70.0%
Discussions
What is the best way to utilize rule based pricing or job matching if you organization follows a matching metrics depending on the number of survey used for a country?
2 Comments
Official Response from Marketpay
The survey job matches initially must be defined in the Job Matching module. From there, a user can create a rules-set that gets applied to jobs that have...Read more
Can you build structures from scratch? If so, how easy is this?
1 Comment
Official Response from Marketpay
The Structure Development tool gives you the capability of analyzing and creating competitive pay ranges for the most common types of compensation...Read more
Can you build merit increase models? If so, how easy is this?
1 Comment
Official Response from Marketpay
Once salary ranges are established for each of your positions, the Merit Matrix Modeling tool gives you the ability to design matrices that pay for...Read more
How frequently do you roll out new Payfactors product features?
2 Comments
EH
At Payfactors, we’re committed to making our platform the best it can possibly be — and one of the ways we do that is by getting to know our users and the...Read more
Does it include more than just salary?
2 Comments
EH
No matter the task you’re completing, Payfactors puts you back in control to think more strategically about compensation at your company.
We help you...Read more
How granular does your data get?
2 Comments
EH
Payfactors’ data is as granular as it gets.
In our database, we’ve got: 100 percent employer-reported, HRIS sourced data; nearly 6K unique benchmark jobs...Read more
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