Top 10 Compensation Tool Alternatives & Competitors

(11)4.7 out of 5

Research alternative solutions to Compensation Tool on G2, with real user reviews on competing tools. Other important factors to consider when researching alternatives to Compensation Tool include availability and reporting. The best overall Compensation Tool alternative is Salary.com. Other similar apps like Compensation Tool are Payfactors, Workleap, Marketpay, and Arcoro. Compensation Tool alternatives can be found in Salary Benchmarking Software but may also be in Compensation Management Software or Employee Engagement Software.

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Best Paid & Free Alternatives to Compensation Tool

Salary.com
Payfactors
Workleap
Marketpay
Arcoro
Compport Compensation Management
Workday Compensation
CompUp

Top 10 Alternatives to Compensation Tool Recently Reviewed By G2 Community

Browse options below. Based on reviewer data, you can see how Compensation Tool stacks up to the competition, check reviews from current & previous users in industries like Consumer Goods, Printing, and Industrial Automation, and find the best product for your business.

Salary.com

By Salary.com

4.4/5

(957)

Product Description

Salary.com is the leading SaaS provider of cloud-based compensation market data and analytics. Salary.com delivers continually updated, reliable market pay data and career content to hundreds of thousands of consumers each year. The company is committed to helping organizations drive company success by aligning compensation practices with recruiting, performance, and development initiatives through easy-to-access data and meaningful insights.

Categories in common with Compensation Tool:

By Payscale

Product Description

Payfactors at its core helps organizations develop scalable and data driven compensation programs. What this means is that we start by giving organizations access to market data that they can use to make fair pay decisions. Users can then use functionality to develop pay structures so pay decisions remain fair and equitable over time. All this information brought together makes reporting and analytics of important data such as pay compression easy to escalate throughout the organization. Payfactors also provides easy avenues for organizations to expand into key areas such as job descriptions, compensation planning and pay equity analysis. We foster a sense of collaborative compensation that means users can bring key people into the process to provide feedback along the way and to help them better understand the parameters in which pay decisions should be made. We strive through this approach to create more equitable workplaces – proven through data – and make it easier to communicate pay with employees.

Categories in common with Compensation Tool:

By Workleap

Product Description

Reviewers say compared to Compensation Tool, Workleap is:

More usable

Categories in common with Compensation Tool:

Salary Benchmarking

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Arcoro

By Arcoro

4/5

(171)

Product Description

Categories in common with Compensation Tool:

Salary Benchmarking

Compport Compensation Management

By Compport

4.7/5

(82)

Product Description

Technical functionalities are on Compensation, incentives, bonus, LTI, Rewards, and recognition, (together this is called "total rewards" as well), multidimensional and dynamic analytics, survey design and analysis. What it does - intelligently guides organizations to design and distribute their large compensation budgets to the right resources in the right proportions. Companies can see it in advance what they are distributing to who and how is it impacting their employees.

Reviewers say compared to Compensation Tool, Compport Compensation Management is:

More usable

Better at support

Categories in common with Compensation Tool:

By Workday

Product Description

Workday Compensation provides strategic tools to craft competitive packages, address pay inequities, and reward performance, enabling optimal decisions to attract and retain top talent. Leverage rich insights from dashboards and real-time data to manage compensation events, recognize top performers, and navigate market dynamics with integrated survey data. The Pay Equity Discovery Board helps identify and close pay gaps, fostering fairness. This data-driven approach leads to more equitable, market-guided packages and provides employees with transparency through on-demand total rewards statements. By activating a pay-for-performance model, Workday helps reduce planning cycles and improve employee retention, ensuring your compensation strategy is both effective and efficient.

Reviewers say compared to Compensation Tool, Workday Compensation is:

Better at meeting requirements

Categories in common with Compensation Tool:

By HireSure.ai

Product Description

CompUp is a full-stack compensation management software that helps total rewards teams eliminate par disparities and make fair pay a reality for their organisation. CompUp allows companies to: - Conduct comp benchmarking - Create and share compensation bands - Plan and budget for merit increments - Run appraisal cycles - Conduct Ad-hoc increments - Communicate Total Rewards - Roll out offers to candidates The platform allows you to communicate your offer to the candidate in the most presentable and engaging manner. It also uses behavior signals to predict a potential dropout in order to make course corrections to retain them.

Reviewers say compared to Compensation Tool, CompUp is:

More usable

Better at meeting requirements

Better at support

Categories in common with Compensation Tool:

By Pave

Product Description

Reviewers say compared to Compensation Tool, Pave is:

Better at support

Better at meeting requirements

More usable

Categories in common with Compensation Tool:

By Ravio

Product Description

As Europe's #1 compensation management platform, Ravio helps leading tech companies attract, retain, and motivate top talent. HR and Total Reward Leaders use Ravio’s real-time compensation benchmarking and automatic job levelling to confidently communicate their compensation strategy, unlock company-wide pay transparency, and lead the way in closing the gender pay gap. All in minutes, not months. Ravio makes it easy to view, analyse, refresh, and share salary bands that are continuously calibrated against Europe’s most reliable talent market data. That means no more spreadsheets. Easy comp review cycles. And fair, transparent pay. From disruptive startups to established enterprises, Europe’s fastest growing companies trust Ravio to accelerate their compensation management, improve processes, and make people a growth lever.

Reviewers say compared to Compensation Tool, Ravio is:

More usable

Better at support

Categories in common with Compensation Tool:

Salary Benchmarking