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Compare Marketpay and Payfactors 
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At a Glance
Market Segments
Enterprise (85.2% of reviews)
Enterprise (57.9% of reviews)
Entry-Level Pricing
No pricing available
No pricing available
Marketpay
Star Rating
(261)4.4 out of 5
Market Segments
Enterprise (85.2% of reviews)
Pros & Cons
Entry-Level Pricing
No pricing available
Learn more about MarketpayPayfactors
Star Rating
(699)4.2 out of 5
Market Segments
Enterprise (57.9% 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say that Marketpay shines in its user-friendly interface, making it easy to navigate, especially for those coming from outdated HR systems.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
162
8.5
493
Ease of Use
8.6
194
8.2
561
Ease of Setup
8.3
114
7.8
362
Ease of Admin
8.6
98
8.2
296
Quality of Support
8.8
159
8.8
477
Has the product been a good partner in doing business?
9.1
96
8.8
296
Product Direction (% positive)
8.9
159
9.2
478
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
7.4
259
Feature Not Available
6.8
199
7.9
65
6.9
198
8.9
102
8.3
275
8.8
102
8.4
286
7.4
59
6.6
188
8.5
106
7.7
279
8.2
101
8.1
284
Platform
7.7
78
7.5
235
6.2
50
Feature Not Available
6.9
58
7.3
230
7.7
81
7.6
280
6.9
57
Feature Not Available
6.8
57
6.3
183
7.8
90
7.3
261
8.3
121
7.8
328
8.8
119
8.2
330
7.2
66
7.0
187
Benchmarking and Equity - Compensation Management
8.9
40
7.9
132
7.8
36
7.6
122
8.5
40
7.7
124
Platform
8.1
94
7.4
259
Feature Not Available
6.8
199
7.9
65
6.9
198
8.9
102
8.3
275
8.8
102
8.4
286
7.4
59
6.6
188
8.5
106
7.7
279
8.2
101
8.1
284
Basic Features
7.3
18
7.2
79
7.7
22
7.9
88
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
83
8.9
30
8.0
87
7.9
28
7.6
77
Auditing - Salary Benchmarking Software
8.9
30
7.2
74
8.5
25
Feature Not Available
Advanced Features - Salary Benchmarking Software
8.3
28
7.4
79
3.4
24
Feature Not Available
7.8
30
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
Agentic AI - SAP Store
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Categories
Categories
Shared Categories
Marketpay and Payfactors are categorized as Salary Benchmarking, Compensation Planning, Compensation Management, Job Description Management, and Pay Equity
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
20.6%
Higher Education
8.9%
Information Technology and Services
5.4%
Utilities
4.7%
Education Management
3.9%
Other
56.4%
Hospital & Health Care
10.3%
Financial Services
5.7%
Retail
5.0%
Manufacturing
4.7%
Computer Software
4.5%
Other
69.8%
Discussions
How does survey data get into MarketPay? What about custom cuts?
1 Comment
Official Response from Marketpay
Customers provide a list of surveys they’ve purchased from various survey providers to have available in MarketPay. Once proof of purchase is confirmed,...Read more
How do we get employee information into the tool from our HRIS?
1 Comment
Official Response from Marketpay
There are two options to load your HRIS data (employees, jobs and salary ranges) in MarketPay. You may start with one method and switch to the other at any...Read more
How long does implementation take?
1 Comment
Official Response from Marketpay
Implementing the MarketPay system typically takes about 4 – 6 weeks. Some implementations may take more time depending on complexity of the data and...Read more
How granular does your data get?
2 Comments
CR
The software has the ability to get very granular and really depends on what you load into the system.Read more
Does it include more than just salary?
2 Comments
CR
Yes, there are tools for assessing equity as well. They also have a Total Rewards Statement. This is a new tool that we don't utilize but based on the...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
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