Best Compensation Management Software in 2026
Why You Can Trust G2's Software Rankings
Best Compensation Management Software At A Glance
Buyer's Guide: Compensation Management
This description is provided by the seller.
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Users appreciate the ease of use of Deel Payroll, praising its straightforward setup and user-friendly interface.
Users appreciate the convenience of Deel Payroll, praising its user-friendly interface and efficient withdrawal process.
Users value the simplicity and user-friendliness of Deel Payroll, making navigation and operations effortless and efficient.
Users express concern about withdrawal fees and the limited options for sending payments to others.
Users often find the high withdrawal fees unpleasant, despite overall satisfaction with Deel's services.
Users find Deel Payroll to be expensive due to withdrawal fees, impacting their overall experience negatively.
This description is provided by the seller.
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Users praise the ease of use of HiBob HRIS, appreciating its intuitive design and excellent support.
Users appreciate the intuitive design of HiBob HRIS, making HR processes more manageable and efficient.
Users appreciate the intuitive user interface of HiBob HRIS, enhancing overall usability and accessibility of information.
Users find that HiBob HRIS has missing features and lacks flexibility, limiting integration with essential software.
Users find HiBob HRIS to have limited features, lacking customization, support, and automation for specific needs.
Users find limited customization in HiBob HRIS, particularly in time off selection and report functionalities.
This description is provided by the seller.
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Users love the ease of use of Salary.com, simplifying compensation benchmarking and data customization significantly.
Users appreciate the accurate salary data and helpful webinars from Salary.com, enhancing their compensation management experience.
Users commend the dedicated and responsive customer support team at Salary.com, enhancing their overall experience significantly.
Users find the limited job information on Salary.com makes sourcing certain titles challenging and requires extra work.
Users find Salary.com to be expensive, often struggling with additional costs for useful features and upgrades.
Users find the difficult learning curve of Salary.com challenging, making it hard to fully utilize its features.
This description is provided by the seller.
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Users appreciate the ease of use of Paycom, finding payroll processing simple and efficient.
Users appreciate the responsive customer support from Paycom, valuing quick assistance and thorough communication.
Users commend Paycom's exceptional customer support, noting prompt, knowledgeable responses and a commitment to user satisfaction.
Users find the learning curve steep, especially with time entry and onboarding, but it improves with familiarity.
Users express concerns over poor customer support, citing inadequate documentation and inconsistent help during issues.
Users face payroll issues with tedious clock-ins and costly service fees, impacting efficiency and satisfaction.
This description is provided by the seller.
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Users appreciate the user-friendly platform of Payfactors, making job benchmarking and data management efficient and convenient.
Users highlight the exceptional customer support of Payfactors, praising their responsiveness and expertise in problem-solving.
Users value the ease of use and robust market data provided by Payfactors for effective compensation analysis.
Users find Payfactors not user-friendly, citing a cumbersome interface and inadequate onboarding and training experiences.
Users experience insufficient data in Payfactors, limiting their ability to access comprehensive salary information effectively.
Users find the learning curve steep, requiring significant time and effort to fully master Payfactors' features.
This description is provided by the seller.
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Users find MarketPay to be very straightforward and easy to use, enhancing their ability to analyze employee information efficiently.
Users praise Marketpay for its user-friendly interface and robust reporting capabilities, enhancing efficiency in market analysis.
Users commend the excellent customer support provided by MarketPay, especially appreciating the responsiveness of their support team.
Users find the poor reporting features frustrating, wishing for more robust and accessible reporting options.
Users feel the reporting tools are inadequate, expressing a need for more robust and comprehensive reporting options.
Users find the learning curve steep, with challenges in resolving issues and understanding the reporting system.
This description is provided by the seller.
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Users value the ease of use in Xactly Incent, facilitating smooth integration and effective commission management.
Users appreciate the ease of managing commissions with Xactly Incent, benefiting from a user-friendly interface and support.
Users appreciate the ease of use and quick functionality of Xactly Incent for managing complex sales incentives.
Users experience slow loading times, particularly noticing delays in report syncing from Salesforce to Xactly.
Users find the insufficient detail in Xactly Incent challenging, particularly with commission breakdowns and reporting clarity.
Users find Xactly Incent to be not intuitive, making it difficult to navigate and understand compensation details.
This description is provided by the seller.
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Users appreciate the constant updates of Oracle Workforce Rewards Cloud, enhancing functionality and user experience.
Users experience complexity issues with Oracle Workforce Rewards Cloud as changes in one module can unexpectedly disrupt others.
Users face dependency issues among modules, leading to unexpected negative impacts and poor UI search functionality.
Users face inefficient search functionality, causing frustration when trying to navigate multiple modules effectively.
This description is provided by the seller.
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Users appreciate the user-friendly interface of SAP SuccessFactors, making navigation and data entry simple and intuitive.
Users value the robust integration and scalability of SAP SuccessFactors, enhancing HR processes and employee experience.
Users value the robust integration and comprehensive modules of SAP SuccessFactors, enhancing HR processes effectively.
Users find SAP SuccessFactors to be not user-friendly, requiring extensive training and adaptation to navigate its complexities.
Users note limited features in SAP SuccessFactors, especially regarding UI and AI capabilities affecting usability for smaller firms.
Users find limited customization options in SAP SuccessFactors, making adjustments for organizational needs challenging.
This description is provided by the seller.
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Users value the flexibility of Anaplan for customizing planning models to meet diverse business needs effectively.
Users find Anaplan's ease of use pivotal for diverse planning applications and seamless collaboration across teams.
Users value the versatile use cases and seamless connected planning features of Anaplan for better insights.
Users find limitations in reporting and complexity hinder effective use of Anaplan, impacting overall user experience.
Users are disappointed with the missing features in Anaplan's basic version, limiting its effective use and integration.
Users face a lack of features in Anaplan, requiring custom solutions and workaround integrations to meet needs.
This description is provided by the seller.
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Users commend Isolved for its exceptional support and user-friendly features, enhancing overall satisfaction and efficiency.
Users value the excellent customer support from dedicated reps, enhancing their experience with iSolved's integrated platform.
Users commend the ease of use of iSolved, highlighting its user-friendly interface and efficient access to information.
Users report poor customer support with isolved, highlighting inefficiency, untrained reps, and unresolved issues.
Users find isolved to be not user-friendly, struggling with convoluted menus and unclear instructions hindering effective use.
Users find the platform not intuitive, making it challenging for employees to navigate and utilize effectively.
This description is provided by the seller.
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Users love Pave for its comprehensive compensation management features, simplifying processes and enhancing budgeting and transparency.
Users find Pave's interface to be highly user-friendly and intuitive, making daily navigation and compensation management a breeze.
Users commend the phenomenal customer support from Pave, appreciating their availability and helpful resources.
Users express concern over the insufficient detail in Pave's benchmarking and budget functionalities, impacting their needs.
Users note a lack of detail in Pave's benchmarking, limiting flexibility and specificity for certain roles.
Users note the limited data in Pave's benchmarking tool necessitates seeking external resources for comprehensive insights.
This description is provided by the seller.
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Users value the ease of managing complex compensation programs with HRSoft, enhancing efficiency and user experience significantly.
Users love the customizability of HRSoft Compensation Management, tailoring it to fit their unique organizational needs seamlessly.
Users appreciate the customization options of HRSoft Compensation Management, making it easily adaptable to specific program requirements.
Users express a desire for improved customization options, wishing for greater flexibility and control in the software.
Users find the limited functionality of HRSoft Compensation Management hampers usability and complicates essential comp plan tasks.
Users find the interface not intuitive, making it challenging to navigate and learn initially.
This description is provided by the seller.
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Users find ClearCompany to be very easy to use, making it accessible for all employees.
Users value the flexibility of ClearCompany, appreciating easy implementation and responsive support for their needs.
Users praise the exceptional customer support from ClearCompany, highlighting availability and responsiveness throughout the process.
Users note the limited reporting features of ClearCompany, hindering their ability to create customized reports effectively.
Users note the lack of essential features in ClearCompany, specifically for tracking compliance and group invites efficiently.
Users express frustration over limited customization options, particularly in report generation and feature configuration.
This description is provided by the seller.
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Users value the efficiency of Compensation Management in simplifying annual review processes and enhancing strategic discussions.
Users find Comprehensive easy to use, streamlining compensation reviews and enhancing efficiency in their processes.
Users find the setup ease of Comprehensive enhances efficiency, making compensation reviews quick and hassle-free.
Users find the insufficient detail in data analysis can hinder their understanding and may require manual review.
Users face analytics limitations that require manual data analysis, though new features may help automate this process.
Users found the difficult setup of certain features challenging, though support made it a more enjoyable process.
Learn More About Compensation Management Software
What is Compensation Management Software?
Compensation management software helps HR personnel design and manage compensation plans, from budget creation to award allocations. These solutions increase communication between HR, individual employees, and the entire workforce at large. They also provide managers with the insight necessary to make award decisions based on employee performance and development within the company. Furthermore, these solutions provide human resources with increased visibility into company-wide compensation decisions and employee salary benchmarks. Meanwhile, compensation management software provides security for sensitive wage information and prepares company financial information for audits. These solutions often integrate with performance management, core HR, and payroll software.
Develop Strategies — Compensation management software delivers real-time insights about the current state of employee compensation within the entire marketplace. This solution structures the process of compensation, allowing a company’s rules to be applied to the software’s database. This solution structures compensation by providing features like payment dates, administration of salaries, consideration of merit, scaling of pay, raises, and bonuses. Compensation management software takes market standards into consideration and aligns the scale of pay and commission to those standards. Additionally, because compensation management software automates the creation of reports and budgets, users are able to apply all that data as they update and edit their compensation strategies. Furthermore, some products provide data analytics, which provide further insight into both the company’s employee population as well as market comparisons.
Reduce Time — One can liken compensation management software to a self-service people-information management solution. Prior to the development of this tool, human resource management had to record employee hours, travel time, bonuses, cost of living, market standards, etc., in spreadsheets, much like expense reporting. Not only did this paper-driven, outdated method take up precious time and energy, but preparing for audits was a difficult, time-consuming process.
Additionally, compensation management software created a singular database system for users to manage and review all employee salary information. The software automatically calculates rates and raises based on cost of living and competitive markets, which facilitates transparency within an organization. These new processes save HR and payroll managers energy and resources by shortening the processing time of a previously exhaustive task. The software also bundles up benchmarking and forecasting capabilities with its other automated self-service management features.
Why Use Compensation Management Software?
Compensation management software helps companies create, define, and manage their compensation strategy. Companies use compensation management software to view and adjust compensation policies, plan employee bonuses, and recommend wage adjustments. Compensation management systems enable human resource management to develop streamlined compensation strategies for their teams, optimizing salary budgets.
Compensation management software facilitates an easier, more manageable system for strategizing competitive employee wages and compensation. The software helps HR and payroll departments move from an overwhelming, paper-driven management method to a streamlined, electronic one. Users have said another main business problem that the software solves is the sheer amount of time needed with the manual, traditional methods of managing compensation.
Who Uses Compensation Management Software?
Compensation management software is great for businesses and HR departments of all sizes looking to streamline, manage, or expand compensation management initiatives. All companies, large or small, rely on compensation management to manage their organization’s pay strategy. It’s vital that companies of every size manage their compensation accurately and fairly. Especially as companies grow in size, hire new talent, and promote internally, it may become more difficult to manage their employee compensation. This tool provides compensation solutions for wages to be adjusted, increase with employee growth, and remain equitable across the company and sector.
Compensation management software streamlines the management of various types of compensation such as base pay, commissions, overtime pay, bonuses, profit sharing, merit pay, and stock options, to name a few.
Which is the Most Recommended Compensation Management Software for Large Enterprises?
- Xactly Incent: Recognized as a leader in enterprise compensation management, Xactly Incent offers robust incentive compensation solutions, helping organizations align sales performance with business objectives.
- Payfactors: Provides comprehensive compensation data and analytics, assisting large organizations in making informed pay decisions and maintaining competitive salary structures.
- Oracle Talent Management Cloud: Offers a unified platform for managing global compensation processes, integrating seamlessly with other HR functions to support large-scale enterprises.
- CompUp: A full-stack compensation management software that helps total rewards teams eliminate pay disparities and make fair pay a reality, featuring compensation benchmarking, merit planning, and appraisal cycles.
- UKG Pro: Combines compensation planning with workforce analytics, helping large businesses align pay strategies with organizational goals.
- Anaplan: Offers advanced modeling and scenario planning capabilities, allowing enterprises to forecast and manage compensation strategies effectively.
Compensation Management Software Features
Reward Structuring — Define compensation packages and allowance plans within the system. Specify the various components of compensation, including base salary, 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 budgetary 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. These reports can include trends and other graphical representations of data displayed by analytics dashboards.
Compensation Data Management — Easily import or export data and access workers’ 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.
Other Features of Compensation Management Software: All-in-one HR suite, Standalone
Which Compensation Software is the Best for Managing Employee Benefits?
- HiBob: All-in-one HR platform with tools for managing salary, benefits, and employee engagement—great for modern, growing teams.
- Salary.com: Delivers market data and analytics to support compensation planning, enabling organizations to align employee benefits with industry standards.
- Deel: A global HR platform with built-in compensation tools for managing salaries, benefits, and equity across 150+ countries—ideal for companies with international teams.
