[ HRSoft ... Reviews ](https://www.g2.com/products/hrsoft-compensation-management/reviews) [ HRSoft ... Reviews ](https://www.g2.com/products/hrsoft-compensation-management/reviews) # HRSoft Compensation Management Features ##### ## Platform (91) Customization Allows administrators to customize to accommodate their unique processes. Includes ability to create custom objects, fields, rules, calculations, and views. Integration APIs Application Programming Interface - Specification for how the application communicates with other software. API's typically enable integration of data, logic, objects, etc with other software applications. Internationalization Enables users to view and transact business with the same content in multiple languages and currencies. User, Role, and Access Management Grant access to select data, features, objects, etc. based on the users, user role, and groups. Activity Dashboard Dashboard to view the status of ongoing processes, identify current incidents and track past activities Activity Dashboard Dashboard to view the status of ongoing processes, identify current incidents and track past activities Mobile Access Access software remotely via mobile devices Activity Dashboard Dashboard to view the status of ongoing processes, identify current incidents and track past activities Training Management Track employee/learner's progression through training programs Goal Management Allows employees to set and manage work or career related goals Feedback Management Collecting, analyzing, and utilizing feedback from users or customers to improve a product or service Action Management Detailed plan including steps, milestones, assignments, and timeline needed to complete a project, strategy or goal Mobile Access Access software remotely via mobile devices Activity Dashboard Dashboard to view the status of ongoing processes, identify current incidents and track past activities Benefits Dashboard Use a dashboard to view benefits that are selected by employees or offered by employers Activity Dashboard Dashboard to view the status of ongoing processes, identify current incidents and track past activities Feedback Management Collecting, analyzing, and utilizing feedback from users or customers to improve a product or service Performance Management Organize and manage the accomplishments and development of employees or performance of applications or systems Recruitment Management Tools to find, assess, and hire suitable candidates for a job within an organization Compliance Management Track and manage adherence to policies for any service, product, process, or supplier Training Management Track employee/learner's progression through training programs Calendar Management Track and manage schedules and meetings via an integrated calendar Employee Management Track employee schedules, availability, and performance across projects and tasks Orientation Workflow Management Create orientation programs for new employees or students Task Management Create, manage and track all task activities and progression HR Management Automates core HR functions such as talent management, employee evaluation and learning management Help Desk Management Managing service requests, incidents, IT issues & support with a ticketing system Mobile Access Access software remotely via mobile devices Payroll Management Manage employee salary processes, data, taxes, and records administration efficiently Document Management Store, manage, and track all electronic documents in a centralized location Job Description Management Create, share, and manage the distribution of job descriptions/duties Social Media Integration Integrate with social media platforms such as Facebook, Twitter, LinkedIn, etc. Mobile Access Access software remotely via mobile devices Activity Dashboard Dashboard to view the status of ongoing processes, identify current incidents and track past activities Third-Party Integrations Set up connections to third-party platforms to improve business processes Assessment Management Creation, administration, and evaluation of assessments or tests Social Media Integration Integrate with social media platforms such as Facebook, Twitter, LinkedIn, etc. Activity Dashboard Dashboard to view the status of ongoing processes, identify current incidents and track past activities Mobile Access Access software remotely via mobile devices Third-Party Integration Addition of necessary external data, applications, tools, or features Initiative Management Create and manage internal campaigns to improve company culture or business strategy. Workflow Management Create, design and manage workflows for repetitive tasks Community Management Enable students, customers or employees to engage with each other in a particular space online or offline Employee Referral Management Manage and track employee referrals for open job positions Candidate Management Build, track, and maintain relationships with candidates Workflow Management Create, design and manage workflows for repetitive tasks Communication Management Manage and track all internal and external communication conducted via calls, email, text, or chat Advertising Management Manage advertising space and its sales within your network or publication Application Management Track, manage and store the applications of potential future members, customers or candidates Email Management Manage, store and organize emails within the system or via third-party apps Job Management Manage and track all job information and associated tasks Discount Management Track products that are for sale at a reduced price or part of coupon promotions Pipeline Management Track the progress of long term goals, campaigns, and opportunities, for sales, projects, business ventures etc. File Management Create, save, and store files Job Management Manage and track all job information and associated tasks Data Storage Management Manage and store data in a database Compensation Management Manages compensation such as salary, bonus, and benefits processes, aligning with policies Employee Management Track employee schedules, availability, and performance across projects and tasks Job Application Management HR Management Automates core HR functions such as talent management, employee evaluation and learning management Competency Management Catalog, manage, and develop employee skill sets Performance Management Organize and manage the accomplishments and development of employees or performance of applications or systems Compliance Management Track and manage adherence to policies for any service, product, process, or supplier Job Description Management Create, share, and manage the distribution of job descriptions/duties Evaluation Management Create, share, and manage the distribution of job descriptions/duties User Management Manage user accounts, profiles, roles, permissions, and other details across applications, devices or networks Role-Based Permissions Set & manage permission levels based on user roles and restrict access to only authorized individuals Third-Party Integrations Set up connections to third-party platforms to improve business processes Reward Structuring Define compensation packages and allowance plans within the system. Specify the various components of compensation, including base pay, bonuses, and equity. Structure compensation pools and hierarchies for continual planning. Event Management Coordinate new hire, transfer, promotion, and termination events within the system using rules to automatically facilitate the associated compensation adjustments. Workflow Automation Streamline the flow of work processes by establishing triggers and alerts that notify and route information to the appropriate people when their action is required within the compensation process. Compensation History Access employee compensation history and talent records when evaluating compensation adjustments to inform decision making. Automated Compliance Maintain compliance with corporate policies, state mandates, and federal regulations regarding compensation with built in compliance features, including automated identification and flagging of unapproved behaviors. Performance Management Integration Integrate employee performance data from a third-party performance management solution to supplement compensation history and establish pay-for-performance compensation structures. Embedded Analytics View budgetory allocations across the organization, compensation information related to individual employees or departments, and underlying compensation trends in analytics dashboards embedded in the system. Reporting Capabilities Create standard and ad-hoc reports of compensation data within the system. Trends and other graphical representations of data displayed by analytics dashboards can be included in reports. Compensation Data Management Easily import data into or export data from the system, and access employee compensation data quickly within the system. Create compensation hierarchies so that managers can access relevant team information. Internationalization Extend compensation configurations around the globe using flexible location profiles, multiple language options, and automatic currency conversion tools within the system. Bonus Management Set up bonus schemes and plans in line with corporate and regulatory guidelines and calculate bonus payouts Real-Time Data Receive data and information in real time Reporting/Analytics View and track pertinent metrics to find patterns and gain insights from data Benefits Management Record employee's benefit plans and selections throughout career progression Commission Management Tracking, calculating, and paying commissions and earnings to employees Incentive Management Manages incentive programs such as profit sharing, stock awards, and individual bonus plans Payroll Management Manage employee salary processes, data, taxes, and records administration efficiently Budget Management Forecast, allocate funds, organize financial resources and report & analyze project's income and expenditure Workflow Management Create, design and manage workflows for repetitive tasks Compliance Management Track and manage adherence to policies for any service, product, process, or supplier Performance Management Organize and manage the accomplishments and development of employees or performance of applications or systems Document Management Store, manage, and track all electronic documents in a centralized location Employee Management Track employee schedules, availability, and performance across projects and tasks Show More ##### ## Benchmarking and Equity - Compensation Management (3) Benchmarking Data Displays and compares pay equity information, comparing the parity of pay across demographics. Pay Equity Comes with native pay equity module or capabilities. Salary Bands Facilitates organizing workers into salary bands and comparing or contrasting across different levels in the organization. Show More ##### ## Additional Functionality (20) Approval Process Control Manage the process of evaluating documents or requests submitted for approval Duplicate Detection Compare new data with existing records to detect duplicate entries AI Copilot A virtual assistant that uses AI to pursue goals and complete tasks on behalf of users Customizable Reports Alter the layout and content of reports Role-Based Permissions Set & manage permission levels based on user roles and restrict access to only authorized individuals Employee Onboarding Process of familiarizing new employees with the company, their position, and responsibilities Alerts/Notifications Alerts or notifications of various types such as pop-up messages, sounds, banners, or badges Data Import/Export Import and export data to and from software applications Reminders Timed notification for any upcoming task, deadline, appointment, or activity Customizable Templates Pre-designed layouts that can be customized to match preferences and requirements Compensation Statements Create employee benefits statements that include all package details, including base salary, rewards, incentives, and other benefits Goal Setting/Tracking Establish measurable goals and objectives and track their progress over a specific period of time Automated Receipt Matching Match digital receipt images or data with corresponding expense entries Organizational Charting Diagram that shows the structure of an organization and the relationships between parts Market Data Analysis Collect & analyze data from multiple sources to get insights into competing products, customer behavior, pricing & marketing strategies Employee Reward Programs Builds a system of recognition and rewards to encourage employee performance and link outcomes to business needs Employee Portal Online portal where employees can access and track their own information Compensation Plan Modeling Performs calculations and analyzes how salary and equity should be awarded to employees across locations, performance levels Employee Database Electronic storage of staff/employee contact information and job status in a centralized repository Audit Trail A record of all activities within the system, including user access, changes made, etc. Show More ## Top-Rated Alternatives [ ![Payscale Ascent (formerly Payfactors)](https://images.g2crowd.com/uploads/product/hd_favicon/21fb6510743a546bb4c9f772aacbb114/payscale-ascent-formerly-payfactors.svg "Payscale Ascent (formerly Payfactors)") Payscale Ascent (formerly Payfactors) 4.3/5(723) ](https://www.g2.com/products/payscale-ascent-formerly-payfactors/reviews) [ ![Salary.com](https://images.g2crowd.com/uploads/product/hd_favicon/b64dd05cf838d3962c16f63f70963541/salary-com-salary-com.svg "Salary.com") Salary.com 4.4/5(1,088) ](https://www.g2.com/products/salary-com-salary-com/reviews) [ ![SAP SuccessFactors HCM](https://images.g2crowd.com/uploads/product/hd_favicon/edf2d15ffc689390deffd10a34a9fc03/sap-sap-successfactors-hcm.svg "SAP SuccessFactors HCM") SAP SuccessFactors HCM 4.1/5(1,657) ](https://www.g2.com/products/sap-sap-successfactors-hcm/reviews) [ View All Alternatives ](https://www.g2.com/products/hrsoft-compensation-management/competitors/alternatives) ## Technology Glossary Features View full feature definition View definitions of the features and discover new technology terms. [View Glossary](/glossary) [Compensation Statements](/glossary/compensation-statements) Compensation statements outline an employee’s compensation history, including all employer-provided benefits and rewards, throughout the fiscal year. Learn more about the elements included in a compensation statement and why it’s important to create one. [Compensation History](/glossary/compensation-history) Compensation history is the private information that some companies may choose to ask candidates for during the interview process. Learn about states where asking salary history is banned, the benefits of having this data, and more. 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