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Compare Payfactors and Workday Compensation

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At a Glance
Payfactors
Payfactors
Star Rating
(700)4.2 out of 5
Market Segments
Enterprise (58.0% of reviews)
Information
Pros & Cons
Entry-Level Pricing
No pricing available
Learn more about Payfactors
Workday Compensation
Workday Compensation
Star Rating
(73)4.3 out of 5
Market Segments
Enterprise (76.7% of reviews)
Information
Pros & Cons
Not enough data
Entry-Level Pricing
No pricing available
Learn more about Workday Compensation
AI Generated Summary
AI-generated. Powered by real user reviews.
  • G2 reviewers report that Payfactors excels in user satisfaction, boasting a significantly higher overall score compared to Workday Compensation. Users appreciate the platform's extensive capabilities for compensation management, including robust data availability and useful filtering options.
  • Users say that Payfactors offers a straightforward and intuitive interface, making it easy to navigate. This ease of use is highlighted by features like the job description tool, which allows companies to manage job descriptions efficiently and collaborate on approvals with managers.
  • Reviewers mention that while Workday Compensation integrates well with existing HCM systems, it may not be as user-friendly for those outside of the Workday ecosystem. Users noted that the system can streamline processes by reducing manual work, but some found it less flexible for unique compensation needs.
  • According to verified reviews, Payfactors has a strong support system, with users valuing the ability to connect with compensation experts directly through the platform. This level of support contributes to a more comprehensive understanding of compensation strategies.
  • Users highlight that Workday Compensation features useful visual tools, such as donut charts for pay breakdowns, which help in planning and understanding compensation structures. However, some users feel that the overall experience could be improved with more customization options.
  • G2 reviewers indicate that Payfactors has a more active user community, as evidenced by a higher number of recent reviews. This suggests that users are more engaged and satisfied with the platform, leading to a wealth of shared experiences and insights that can benefit new users.
Pricing
Entry-Level Pricing
Payfactors
No pricing available
Workday Compensation
No pricing available
Free Trial
Payfactors
No trial information available
Workday Compensation
No trial information available
Ratings
Meets Requirements
8.5
495
9.2
56
Ease of Use
8.2
563
8.6
56
Ease of Setup
7.8
364
Not enough data
Ease of Admin
8.2
296
Not enough data
Quality of Support
8.8
478
8.8
43
Has the product been a good partner in doing business?
8.8
296
Not enough data
Product Direction (% positive)
9.2
480
7.1
53
Features by Category
Job Description ManagementHide 17 FeaturesShow 17 Features
7.7
311
Not enough data
Basics
Feature Not Available
Not enough data
8.4
62
Not enough data
Feature Not Available
Not enough data
Content
7.4
58
Not enough data
7.6
48
Not enough data
Feature Not Available
Not enough data
Logistics
7.0
57
Not enough data
8.2
61
Not enough data
Recruiting and Onboarding
Feature Not Available
Not enough data
Platform
7.4
259
Not enough data
6.8
199
Not enough data
6.9
198
Not enough data
8.3
275
Not enough data
8.4
286
Not enough data
6.6
188
Not enough data
7.7
280
Not enough data
8.1
284
Not enough data
Compensation ManagementHide 21 FeaturesShow 21 Features
7.5
412
Not enough data
Platform
7.5
235
Not enough data
Feature Not Available
Not enough data
7.3
230
Not enough data
7.6
280
Not enough data
Feature Not Available
Not enough data
6.3
183
Not enough data
7.3
261
Not enough data
7.8
328
Not enough data
8.2
331
Not enough data
7.0
188
Not enough data
Benchmarking and Equity - Compensation Management
7.9
133
Not enough data
7.6
122
Not enough data
7.7
124
Not enough data
Platform
7.4
259
Not enough data
6.8
199
Not enough data
6.9
198
Not enough data
8.3
275
Not enough data
8.4
286
Not enough data
6.6
188
Not enough data
7.7
280
Not enough data
8.1
284
Not enough data
7.3
90
Not enough data
Basic Features
7.2
79
Not enough data
7.9
89
Not enough data
Risk Mitigation
6.7
77
Not enough data
Feature Not Available
Not enough data
Feature Not Available
Not enough data
Feature Not Available
Not enough data
Analytics
Feature Not Available
Not enough data
Feature Not Available
Not enough data
Not enough data
Not enough data
Generative AI
Not enough data
Not enough data
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
7.4
91
Not enough data
Core Features - Salary Benchmarking Software
8.2
83
Not enough data
8.0
89
Not enough data
7.7
78
Not enough data
Auditing - Salary Benchmarking Software
7.2
75
Not enough data
Feature Not Available
Not enough data
Advanced Features - Salary Benchmarking Software
7.4
79
Not enough data
Feature Not Available
Not enough data
7.5
79
Not enough data
Feature Not Available
Not enough data
6.0
68
Not enough data
Compensation PlanningHide 9 FeaturesShow 9 Features
7.2
67
Not enough data
Platform - Compensation Planning
7.4
63
Not enough data
6.8
60
Not enough data
7.4
63
Not enough data
7.1
60
Not enough data
7.1
60
Not enough data
7.5
63
Not enough data
Additional Features - Compensation Planning
7.6
62
Not enough data
6.9
58
Not enough data
7.1
58
Not enough data
Categories
Categories
Shared Categories
Payfactors
Payfactors
Workday Compensation
Workday Compensation
Payfactors and Workday Compensation are categorized as Compensation Planning and Salary Benchmarking
Unique Categories
Workday Compensation
Workday Compensation has no unique categories
Reviews
Reviewers' Company Size
Payfactors
Payfactors
Small-Business(50 or fewer emp.)
4.7%
Mid-Market(51-1000 emp.)
37.3%
Enterprise(> 1000 emp.)
58.0%
Workday Compensation
Workday Compensation
Small-Business(50 or fewer emp.)
4.1%
Mid-Market(51-1000 emp.)
19.2%
Enterprise(> 1000 emp.)
76.7%
Reviewers' Industry
Payfactors
Payfactors
Hospital & Health Care
10.2%
Financial Services
5.7%
Retail
5.0%
Manufacturing
4.7%
Computer Software
4.5%
Other
69.9%
Workday Compensation
Workday Compensation
Information Technology and Services
8.2%
Insurance
6.8%
Hospital & Health Care
6.8%
Banking
6.8%
Internet
5.5%
Other
65.8%
Alternatives
Payfactors
Payfactors Alternatives
Salary.com
Salary.com
Add Salary.com
Paycom
Paycom
Add Paycom
Workday HCM
Workday HCM
Add Workday HCM
UKG Pro
UKG Pro
Add UKG Pro
Workday Compensation
Workday Compensation Alternatives
Marketpay
Marketpay
Add Marketpay
Salary.com
Salary.com
Add Salary.com
Paycom
Paycom
Add Paycom
UKG Pro
UKG Pro
Add UKG Pro
Discussions
Payfactors
Payfactors Discussions
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
Workday Compensation
Workday Compensation Discussions
Monty the Mongoose crying
Workday Compensation has no discussions with answers