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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.
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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.
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Marketpay brings together Payscale data sources and traditional salary surveys to quickly and accurately price jobs in the current labor market, conduct budget modeling for different pay scenarios, and perform complex workforce analytics to drive informed decisions. MarketPay allows you to expand beyond traditional compensation practices to include job description management, pay equity reports, and survey participation.
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CompUp
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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.
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Founded in 2021 by Thanh Nguyen and Nancy Connery, Salesforce’s founding HR team, OpenComp has raised $24 million in venture capital from J.P. Morgan, TIME Ventures (the investment fund for Marc Benioff), 8VC and more.
OpenComp is available for free for organizations up to 50 employees, with tiered pricing and services for other organizations based on size and needs. Sign up at www.opencomp.com and get connected at www.linkedin.com/opencomp.
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