Payfactors Features

Allows administrators to customize to accommodate their unique processes. Includes ability to create custom objects, fields, rules, calculations, and views. 259 reviewers of Payfactors have provided feedback on this feature.

Based on 199 Payfactors reviews. 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.

Enables users to view and transact business with the same content in multiple languages and currencies. 198 reviewers of Payfactors have provided feedback on this feature.

As reported in 275 Payfactors reviews. Grant access to select data, features, objects, etc. based on the users, user role, and groups.

Is consistently available (uptime) and allows users to complete tasks reliably. 286 reviewers of Payfactors have provided feedback on this feature.

Is accessible from a mobile device and by users on the go. This feature was mentioned in 188 Payfactors reviews.

Based on 280 Payfactors reviews. Provides analytics tools that reveal important business metrics and track progress.

Creates dashboards to track information like open positions, current headcount, and recruiting pipeline. 284 reviewers of Payfactors have provided feedback on this feature.

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. This feature was mentioned in 235 Payfactors reviews.

Based on 230 Payfactors reviews. 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.

As reported in 280 Payfactors reviews. Access employee compensation history and talent records when evaluating compensation adjustments to inform decision making.

As reported in 183 Payfactors reviews. Integrate employee performance data from a third-party performance management solution to supplement compensation history and establish pay-for-performance compensation structures.

Based on 261 Payfactors reviews. 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.

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. This feature was mentioned in 328 Payfactors reviews.

As reported in 331 Payfactors 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.

Based on 188 Payfactors reviews. Extend compensation configurations around the globe using flexible location profiles, multiple language options, and automatic currency conversion tools within the system.

As reported in 62 Payfactors reviews. Is consistently available (uptime) and allows users to complete tasks reliably.

Automates some or all operation related tasks 58 reviewers of Payfactors have provided feedback on this feature.

Contains tools that allow users to create original content directly within the application This feature was mentioned in 48 Payfactors reviews.

As reported in 57 Payfactors reviews. API's typically enable integration of data, logic, objects, etc. with other software applications.

As reported in 61 Payfactors reviews. Grant access to select data, features, objects, etc. based on the users, user role, groups, etc. to both internal and external users.

Compares cohorts with complex, customizable logic for deeper analysis. This feature was mentioned in 79 Payfactors reviews.

Contains customizable dashboard enabling users to visualize pay gaps. This feature was mentioned in 89 Payfactors reviews.

Forecasts potential budgets necessary to remediate pay inequities. This feature was mentioned in 77 Payfactors reviews.

As reported in 133 Payfactors reviews. Displays and compares pay equity information, comparing the parity of pay across demographics.

Based on 122 Payfactors reviews. Comes with native pay equity module or capabilities.

Facilitates organizing workers into salary bands and comparing or contrasting across different levels in the organization. This feature was mentioned in 124 Payfactors reviews.

As reported in 83 Payfactors reviews. Presents customizable compensation dashboards with data visualizations.

Based on 89 Payfactors reviews. Sets compensation benchmarks based on data from industry competitors.

Includes pay or crediting rules to organize salary structure into relevant hierarchy. 78 reviewers of Payfactors have provided feedback on this feature.

As reported in 75 Payfactors reviews. Enables users to create customized reports on compensation packages for auditing purposes.

Based on 79 Payfactors reviews. Includes pay rules to organize salary structure into relevant hierarchy.

As reported in 79 Payfactors reviews. Generates internal or external surveys for organizations to conduct indepedent salary reach when determing benchmarks.

Uses AI to project an appropriate salary based on job description or other datasets. 68 reviewers of Payfactors have provided feedback on this feature.

Structures compensation pools and pay brackets that include the pay rules to facilitate continual planning for the organization. This feature was mentioned in 63 Payfactors reviews.

Based on 60 Payfactors reviews. Manages compensation for merit cycles and transparently shares payscales when employees are eligible for raises and bonuses.

As reported in 63 Payfactors reviews. Provides open access when it comes to company salary ranges, as well as displaying reasoning for salary decisions from management.

Maintains compliance with corporate policies, state mandates, and federal regulations regarding compensation with builtin compliance features, including automated identification and flagging of unapproved behaviors. 60 reviewers of Payfactors have provided feedback on this feature.

Defines the various components of compensation packages, allowance plans, base pay, bonuses, and equity. This feature was mentioned in 60 Payfactors reviews.

Based on 63 Payfactors reviews. Accesses employee compensation history and talent records when evaluating compensation planning strategies.

Based on 62 Payfactors reviews. Creates standard reports on compensation data from the company, as well as graphical representations of data displayed by analytics dashboards.

As reported in 58 Payfactors reviews. Streamlines compensation planning processes by establishing triggers and alerts that automatically notify users when their input is required.

Intergrates with other pay tools such as compensation management, salary and benchmarking, and pay equity software - as well as other HR solutions. This feature was mentioned in 58 Payfactors reviews.