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.

Cassandra R.

Group Exercise Instructor

Mid-Market (51-1000 emp.)

2/27/2025

"Beware of Payscale’s Non-Negotiable Contracts"

0/5

What do you like best about Payfactors?

There isn't anything positive that I could say about Payscale/Payfactors. Review collected by and hosted on G2.com.

What do you dislike about Payfactors?

Our company inherited a Payscale contract signed by a predecessor who was unaware that it was a locked-in, non-cancellable three-year agreement totaling $12,000. When we discovered this, we reached out to Payscale to discuss termination options and even offered to buy out of the contract—but they refused to negotiate in any capacity.

This level of inflexibility is highly disappointing, especially for a service that provides salary benchmarking, which can be done for free using platforms like Glassdoor or Indeed. The lack of customer-centric policies and refusal to work with businesses in good faith makes it clear that this is not a service worth the investment.

I highly recommend avoiding Payscale and seeking better, more transparent alternatives. Review collected by and hosted on G2.com.