Marketpay Features
Platform (17)
Customization
Based on 94 Marketpay reviews. Allows administrators to customize to accommodate their unique processes. Includes ability to create custom objects, fields, rules, calculations, and views.
Internationalization
Enables users to view and transact business with the same content in multiple languages and currencies. 65 reviewers of Marketpay have provided feedback on this feature.
User, Role, and Access Management
Grant access to select data, features, objects, etc. based on the users, user role, and groups. This feature was mentioned in 102 Marketpay reviews.
Performance
As reported in 102 Marketpay reviews. Is consistently available (uptime) and allows users to complete tasks reliably.
Mobility
Is accessible from a mobile device and by users on the go. 59 reviewers of Marketpay have provided feedback on this feature.
Reporting
Provides analytics tools that reveal important business metrics and track progress. This feature was mentioned in 106 Marketpay reviews.
Dashboards
Based on 101 Marketpay reviews. Creates dashboards to track information like open positions, current headcount, and recruiting pipeline.
Reward Structuring
As reported in 78 Marketpay reviews. 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
As reported in 50 Marketpay reviews. 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. 58 reviewers of Marketpay have provided feedback on this feature.
Compensation History
As reported in 81 Marketpay reviews. 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. This feature was mentioned in 57 Marketpay reviews.
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. This feature was mentioned in 57 Marketpay reviews.
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. 90 reviewers of Marketpay have provided feedback on this feature.
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. 121 reviewers of Marketpay have provided feedback on this feature.
Compensation Data Management
Based on 119 Marketpay reviews. 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. 66 reviewers of Marketpay have provided feedback on this feature.
Basics (3)
Interoperability
Connects to external systems and applications as needed to complete workflows.
Performance
Is consistently available (uptime) and allows users to complete tasks reliably.
Reporting
Provides analytics tools that reveal important business metrics and track progress.
Content (3)
Automation
Automates some or all operation related tasks
Content Creation
Contains tools that allow users to create original content directly within the application
Distribution Features
Features to distribute content through a variety of channels including job boards, social, websites, etc.
Logistics (1)
User, Role and Access Management
Grant access to select data, features, objects, etc. based on the users, user role, groups, etc. to both internal and external users.
Recruiting and Onboarding (1)
Job Posting
Ability to post job descriptions and allow candidates to apply within software or on company's website.
Basic Features (2)
High level regression analysis
As reported in 18 Marketpay reviews. Compares cohorts with complex, customizable logic for deeper analysis.
Dashboard
Based on 22 Marketpay reviews. Contains customizable dashboard enabling users to visualize pay gaps.
Risk Mitigation (4)
Budgeting
Forecasts potential budgets necessary to remediate pay inequities. 17 reviewers of Marketpay have provided feedback on this feature.
Legislation
Tracks legislative updates and provides reporting necessary for local, regional, or international government authorities. 17 reviewers of Marketpay have provided feedback on this feature.
Regression analysis
Facilitates the creation of a step-by-step action plan to correct potential legal breeches, mitigate risk, and provide DEI training to employees. 18 reviewers of Marketpay have provided feedback on this feature.
Reporting
Prepares reporting for EEO-1, ACA compliance, OFCCP, and other industry audits. This feature was mentioned in 20 Marketpay reviews.
Analytics (1)
Retention
Analyzes turnover and retention in relation to diversity intiatives. 17 reviewers of Marketpay have provided feedback on this feature.
Benchmarking and Equity - Compensation Management (3)
Benchmarking Data
Displays and compares pay equity information, comparing the parity of pay across demographics. 40 reviewers of Marketpay have provided feedback on this feature.
Pay Equity
Based on 36 Marketpay reviews. 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. This feature was mentioned in 40 Marketpay reviews.
Core Features - Salary Benchmarking Software (3)
Dashboard
As reported in 29 Marketpay reviews. Presents customizable compensation dashboards with data visualizations.
Industry Benchmarking
Based on 30 Marketpay reviews. Sets compensation benchmarks based on data from industry competitors.
Hierarchy
Includes pay or crediting rules to organize salary structure into relevant hierarchy. This feature was mentioned in 28 Marketpay reviews.
Auditing - Salary Benchmarking Software (2)
Reporting
Enables users to create customized reports on compensation packages for auditing purposes. This feature was mentioned in 30 Marketpay reviews.
Accuracy
Checks accuracy and transparency of data for auditing purposes. This feature was mentioned in 25 Marketpay reviews.
Advanced Features - Salary Benchmarking Software (4)
Structure
Includes pay rules to organize salary structure into relevant hierarchy. This feature was mentioned in 28 Marketpay reviews.
Offer Letter
As reported in 24 Marketpay reviews. Automaticaly generates an offer letter or autofills an offer letter template containing appropriate salary and benefits details.
Salary Survey
Based on 30 Marketpay reviews. Generates internal or external surveys for organizations to conduct indepedent salary reach when determing benchmarks.
AI
Uses AI to project an appropriate salary based on job description or other datasets. 28 reviewers of Marketpay have provided feedback on this feature.
Platform - Compensation Planning (6)
Compensation Budgeting
Structures compensation pools and pay brackets that include the pay rules to facilitate continual planning for the organization. 17 reviewers of Marketpay have provided feedback on this feature.
Merit Cycle Planning
Based on 16 Marketpay reviews. Manages compensation for merit cycles and transparently shares payscales when employees are eligible for raises and bonuses.
Pay Transparency
As reported in 16 Marketpay reviews. Provides open access when it comes to company salary ranges, as well as displaying reasoning for salary decisions from management.
Automated Compliance
As reported in 16 Marketpay reviews. Maintains compliance with corporate policies, state mandates, and federal regulations regarding compensation with builtin compliance features, including automated identification and flagging of unapproved behaviors.
Reward Structuring
As reported in 16 Marketpay reviews. Defines the various components of compensation packages, allowance plans, base pay, bonuses, and equity.
Compensation History
Based on 16 Marketpay reviews. Accesses employee compensation history and talent records when evaluating compensation planning strategies.
Additional Features - Compensation Planning (3)
Reporting Capabilities
Based on 17 Marketpay reviews. Creates standard reports on compensation data from the company, as well as graphical representations of data displayed by analytics dashboards.
Workflow Automation
As reported in 16 Marketpay reviews. Streamlines compensation planning processes by establishing triggers and alerts that automatically notify users when their input is required.
Integrations
As reported in 15 Marketpay reviews. Intergrates with other pay tools such as compensation management, salary and benchmarking, and pay equity software - as well as other HR solutions.
Agentic AI - SAP Store (7)
Autonomous Task Execution
Capability to perform complex tasks without constant human input
Multi-step Planning
Ability to break down and plan multi-step processes
Cross-system Integration
Works across multiple software systems or databases
Adaptive Learning
Improves performance based on feedback and experience
Natural Language Interaction
Engages in human-like conversation for task delegation
Proactive Assistance
Anticipates needs and offers suggestions without prompting
Decision Making
Makes informed choices based on available data and objectives
Technology Glossary Features
View definitions of the features and discover new technology terms.
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.
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.





