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List of Compensation Management Software

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Researched and Edited by Rajat Gupta

Last updated: June 2025

Compensation Management Software overview

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page-author

Researched and Edited by Rajat Gupta

Last updated: June 2025

Common Features

  • Reporting (Analytics)

  • Compensation Management

  • Compensation Planning

  • Compliance Management

+ 21 more

Unique Features

  • Surveys & Feedback

  • Feedback Management

  • Market Analysis

  • Real Time Analytics

+ 11 more

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Showing 21-35 out of 35

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List of the Top Compensation Management Software as of June 2025

SimplyMerit logo

SimplyMerit

Empower managers with a simplified compensation process.

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Product Description

SimplyMerit simplifies the annual compensation cycle, significantly boosting manager engagement. Designed by experienced compensation consultants, it addresses the biggest pain points of compensation specialists and provides clarity and simplicity for managers and executives.

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Pricing

SimplyMerit offers custom pricing plan

CompXL logo

CompXL

Automated compensation planning made simple.

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Product Description

CompXL, now part of Salary.com, is a flexible and affordable compensation planning software that automates the interaction between the compensation team and planning managers during focal review cycles for merit, bonuses, and long-term incentives. CompXL reduces administrative burdens and cycle ...

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Pricing

CompXL offers custom pricing plan

Workday Compensation logo

Workday Compensation

Empower your workforce with streamlined compensation management.

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Product Description

Workday offers a unified compensation management system that allows everyone within the organization to participate in compensation reviews and access the necessary information to determine appropriate rewards. Workday Compensation provides total rewards statements that let you show your ...

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Pricing

Workday Compensation offers custom pricing plan

HRsoft Compensation Management logo

HRsoft Compensation Management

Streamline compensation, maximize success.

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Product Description

HRSoft is built for compensation lifecycle management, bringing digital transformation's power and business impact to the least automated process in HR. HRSoft enables organizations to confidently create customized, multi-faceted compensation plans that reflect their values, attract new hires, ...

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Pricing

HRsoft Compensation Management offers custom pricing plan

Salary.com logo

Salary.com

Powering your pay decisions with precision.

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Product Description

Salary.com provides employee compensation data, software, and services to enterprises, small businesses, and individuals. This enterprise software helps companies manage their compensation expenditures with real-time, decision-ready data and analytical tools. T Salary.com's proven technology ...

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Payscale logo

Payscale

Fair pay decisions, simplified.

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Product Description

Payscale combines diverse and dynamic data sources, experienced compensation services, and scalable software to help organizations make fair and appropriate pay decisions: Payfactor, designed for organizations focused on optimizing pay, offers business teams a customized, cloud-based ...

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Pricing

Payscale offers custom pricing plan

Barley

Barley

Empower fair and effective pay decisions.

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Product Description

Barley is a compensation management software that helps companies make better pay decisions by combining pay bands, compensation reviews, pay equity, and candidate benchmarking into a platform.

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Pricing

Barley offers custom pricing plan

CompTool

CompTool

Streamline compensation with ease.

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Product Description

CompTool offers a compensation management tool that includes compensation planning, management, and communication. It also provides a market pricing solution to ensure a competitive position for your pay ranges.

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Pricing

CompTool offers custom pricing plan

Payfactors

Payfactors

Empower your compensation management with cutting-edge technology.

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4.4

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Product Description

Introducing Payfactors, a cutting-edge compensation management solution designed to empower organizations in navigating the evolving landscape of remote work. In a world where remote work is becoming the new norm, the need for accurate and up-to-date salary data is more critical than ever. With ...

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Pricing

Payfactors offers custom pricing plan

Pave

Pave

Smart compensation decisions, effortlessly.

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Product Description

Introducing Pave, an innovative software solution designed to empower you to make informed and strategic compensation decisions effortlessly. With the tagline "Make smarter compensation decisions," Pave offers unparalleled access to real-time compensation benchmarking data, allowing you to stay ...

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Pricing

Pave offers custom pricing plan

BetterComp

BetterComp

Maximize your market pricing with BetterComp.

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Product Description

BetterComp provides a compensation benchmarking solution built to help companies navigate the challenging process of market pricing at scale. It enables organizations to market price their global job catalog using their own families and levels. BetterComp offers powerful reporting options to ...

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Pricing

BetterComp offers custom pricing plan

CompAnalyst

CompAnalyst

Unleash the Power of Compensation Analysis.

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Product Description

CompAnalyst, a product of Salary.com, is a Total Compensation Management Platform that integrates an organization's employee data with external market data to facilitate job market pricing for achieving internal equity and external competitiveness. With global family mapping capabilities, ...

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Pricing

CompAnalyst offers custom pricing plan

Xactly Incent - New SaaS Software

Xactly Incent

Incentivize your team with ease and precision.

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Product Description

Xactly Incent is an automated compensation solution that helps organizations implement, manage and customise incentive plans. You can configure commissions, quota and rules and gain greater flexibility with the reuse of elements like rate tables. The product enables you to initiate, track and ...

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Pricing

Xactly Incent offers custom pricing plan

Xactly SimplyComp - New SaaS Software

Xactly SimplyComp

Streamline incentive compensation with user-friendly automation.

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3.8

(43)

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Product Description

Xactly SimplyComp streamlines incentives compensation, enabling you to model and automate compensation plans quickly with a user-friendly interface based on Excel spreadsheets. Featuring best-in-breed customizable templates, calculations are powered by a powerful yet scalable engine to ...

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Pricing

Xactly SimplyComp offers custom pricing plan

beqom - New SaaS Software

beqom

Unleash the full potential of your workforce.

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4.0

(18)

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Product Description

Beqom is a comprehensive Compensation cloud platform for measuring employee performance-reward ratio. This innovative software grants HR Managers, Small and Medium companies an access to tools to clearly define and manage models to secure optimum reward and performance balance. Furthermore, it ...

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Pricing

beqom offers custom pricing plan

Compensation Management Software Buyer's Guide

How To Choose Compensation Management Software

Disclaimer: This research has been collated from a variety of authoritative sources. We welcome your feedback at [email protected].