Comparing payscale hr vs paycom

You are comparing payscale hr & paycom on Analyzo. We have listed all the features for both these products in the table below, enabling you to view and compare features across them easily. Analyzo has listed the best products in Compensation Management Software, you can narrow down products based on their prices, features and your requirements. Click here to see other products in Compensation Management Software.

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Companies

  • Paycom
  • PayScale

Pricing

  • On Request
  • On Request

Descriptions

  • With Paycom’s all-in-one software, you can boost employee satisfaction – and control salary budgets – by linking performance with compensation. Cloud-based convenience streamlines the review process among employees, managers and HR. Pay increases automatically update to payroll. You also can see analytics on head count, turnover, overtime and more.

    Paycom is an online talent management tool with full pay data integration. With compensation and performance information in one system, you gain insight to control salary budgets and ensure compensation increases are equivalent with contribution. Once increases are approved, they automatically update payroll, saving time and ensuring accuracy.

    Key features -

    • Generate Compa-Ratio and Merit Budget reports.
    • Create a Merit Matrix with your Merit Budget, Performance Rating Scale and Compa-Ratios.
    • Adjust your Merit Matrix as needed including awarding lump sums.
    • Automatically upload new rates to payroll.
  • Gain access to the freshest, largest, most detailed salary dataset in the world with cloud compensation software by PayScale. Stay current on best practices and how to relate them to your business with free compensation whitepapers from PayScale.

    PayScale Insight offers a modern compensation software that gives organizations the ability to track and analyze their comp strategy with fresh salary data. Benchmark a position based on your job description, title, and compensable factors and price it to the market. Track trends by job or talent market in an easy-to-use solution. Leverage the world’s largest and most comprehensive database of salary profiles. Match unique or specialized positions to the market with the freshest data available. A successful compensation strategy includes the communication plan. Give executives a helicopter view of business metrics and create a culture of pay transparency with employees. A key part of a modern compensation strategy is understanding not just what will happen today, but projecting the future strategy. Model what-if scenarios, experiment, and understand the potential impact of decisions. Project the impact of common HR events: various hiring strategies, opening a new location, managing a merger of acquisition, all in a private, foolproof environment.

    PayScale Benchmark allows organizations to address their compensation data gaps and remain competitive in the market. Avoid data gaps from traditional surveys or buying surveys that give you data you’ll never use. With 54 million salary profiles and 15,000 job titles—PayScale has the world’s largest database of salary profiles. Easily find the answer to compensation questions with fresh data and a few clicks. Go beyond Excel and utilize an intuitive, cloud based software. Track trends in specific markets and understand how positions can impact your strategy. Model data, compare, and analyze scenarios to get a full picture of your competitive markets. Build pay ranges based on your unique jobs. Compare your positions to the market and optimize the structure as you go forward.


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