Comparing payscale hr vs payfactors

You are comparing payscale hr & payfactors 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

  • Payfactors
  • PayScale

Pricing

  • On Request
  • On Request

Descriptions

  • Payfactors gives you the compensation data that matters most to you. Payfactors' collaborative solution puts you and your team at the center of it all, thanks to our easy-to-access, revolutionary technology.

    With Payfactors, you’ll spend more time on what really matters: Attracting and retaining the best talent. Focusing on actions, decisions, and results. You know, the things that got you into comp in the first place, and the things that get the C-suite paying attention.

    Payfactors is a full suite of compensation data management tools. It helps get rid of the manual processes that eat up all your time, and integrate all your data sources and surveys into one simple, seamless spot.

    Key features -

    • Access Payfactors’ data from over 2K surveys, covering 156 unique industries and sub-industries
    • Quickly assess multiple markets at the same time, and benchmark against the companies you care about
    • Customized pay markets are designed specifically for your industry, size, and geographic locale
    • Search across single or multiple surveys with our user-friendly interface
    • Year-over-year analysis makes automated survey participation easy
    • Analyze your compensation strategy’s competitiveness and identify issues before they become problems
    • Easily drag and drop data elements and conduct tabular analysis
    • Create or export beautiful data visualizations
    • Get hands-on access to the most granular, real-time information that’s specific to you
    • Set up a closed group with only the companies you care about, or benchmark your data against a set of companies that you select
    • Access the most real-time data available, from only the sources you care about
  • 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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