Payfactors Pricing Overview

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Payfactors has not provided pricing information for this product or service. This is common practice for software sellers and service providers. Contact Payfactors to obtain current pricing.

Pricing Insights

Averages based on real user reviews.

Time to Implement

3 months

Return on Investment

11 months

Average Discount

Perceived Cost

$$$$$

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Payfactors Pricing Reviews

(2)

Kevin T.

Director of Compensation

Manufacturing

Mid-Market (51-1000 emp.)

10/24/2017

"Essential software for Compensation professionals"

5/5

What do you like best about Payfactors?

The ease of market pricing roles and slotting for internal equity. Also, the job description management tool is very ease to setup and really helps support our leaders. I'm in it almost every day working on pricings or descriptions. Also, the customer support team is excellent! Review collected by and hosted on G2.com.

What do you dislike about Payfactors?

Reporting functions are not the most streamlined and user friendly. Integrations with HCM systems is limited. Review collected by and hosted on G2.com.

Recommendations to others considering Payfactors:

Really focus on the data going into PayFactors and ensure it is clean. Without this, the reporting and features of PayFactors cannot be fully utilized. Review collected by and hosted on G2.com.

What problems is Payfactors solving and how is that benefiting you?

Ensuring market competitiveness in Total Rewards offerings while maintaining internal equity. Administering our job descriptions including creation, maintenance and version history. Review collected by and hosted on G2.com.

Zak S.

HR Director

Mid-Market (51-1000 emp.)

12/2/2025

"Limited Data Coverage Hampers Global Compensation Planning"

0.5/5

What do you like best about Payfactors?

There is a wide selection of benchmark roles available in the system, and the layout is clean and easy to follow. Customer support has been very helpful as well. Review collected by and hosted on G2.com.

What do you dislike about Payfactors?

The accuracy and breadth of the data have not matched the expectations set during the sales process. We were told the platform provided global market data, but the data available for us covered only two countries. This creates challenges when building a global compensation structure and limits the value of the tool for an international organization. Review collected by and hosted on G2.com.

What problems is Payfactors solving and how is that benefiting you?

Payfactors gives us a centralized place to start when reviewing benchmark roles, but it does not fully solve our compensation challenges. The limited global coverage means we still need to pull data from multiple external sources, so the platform only provides a partial reference point rather than a complete solution Review collected by and hosted on G2.com.

Response from Brittany Steinke of Payfactors

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Hi Zak,

Thank you for taking the time to leave a review! It's great to hear that the support team has been helpful and that Payfactors is easy to use to benchmark your roles. We do take your feedback about the global data you have access to seriously, and want to make sure you're finding value in your investment. I'll be following up with our team internally to address your concerns and ensure we are providing the right recommendations and solutions to solve your compensation challenges.

We appreciate your partnership and the opportunity to improve your experience as a customer.

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