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CompXL description
CompXL, now owned by Salary.com, is a customizable compensation management software designed for mid-sized businesses. It helps automate salary increases, bonuses, and long-term rewards by replacing manual spreadsheets and emails. CompXL allows for flexible budgeting, branded salary letters, and multi-currency support, making it suitable for companies with complex compensation needs.
Who is CompXL best for
CompXL, by Salary.com, automates complex compensation plans for mid-sized businesses. Users praise its flexible configuration and excellent customer support. However, some find the Excel-based architecture outdated and the admin backend less user-friendly. It streamlines salary increases, bonuses, and rewards, replacing manual processes with automated workflows.
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Best fit for mid-sized businesses (101-1000 employees) seeking to automate compensation.
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Ideal for Finance, Healthcare, Manufacturing, and Software/IT industries.
CompXL features
Supported Supports flexible budgeting and allows for importing key business metrics to determine various budget types. |
Supported Allows customization of salary letters to communicate the total employee value, including compensation, merit increases, and incentives. |
Supported Handles multiple currencies for compensation, suitable for global companies with diverse compensation needs. |
Supported Involves planning managers in the compensation process via online or offline workbooks. |
Supported Provides secure self-service workbooks, allowing planning responsibilities to be delegated to individual managers. |
Supported Retains current spreadsheet layouts and formulas, simplifying the transition for users familiar with spreadsheet-based compensation planning. |
Supported Offers personalized support from a dedicated account manager to assist with implementation and ongoing use. |
We evaluate the sentiment that users express about non-functional aspects of the software
Ease of Use
Scalability
CompXL reviews
We've summarised 74 CompXL reviews (CompXL G2 reviews) and summarised the main points below.
- Highly configurable and flexible, accommodating complex compensation plans.
- Excellent customer support, very responsive and helpful.
- Streamlines compensation planning, automating manual processes.
- User-friendly for managers, requiring minimal training.
- Integrates well with other HCM systems for bonus and merit administration.
- The Excel-based architecture can feel antiquated, especially with custom formulas.
- The end-user interface could be more engaging and dynamic.
- Admin backend isn't user-friendly.
- Limited self-service options for admin tasks like password changes and user management.
- It can be challenging to make one-off updates directly within the system.
CompXL alternatives
CompXL FAQ
CompXL, by Salary.com, is compensation management software for mid-sized businesses. It automates salary increases, bonuses, and rewards, replacing manual processes with flexible budgeting, branded salary letters, and multi-currency support. This makes it suitable for companies with complex compensation needs.
What is CompXL and what does CompXL do?
CompXL, by Salary.com, is compensation management software for mid-sized businesses. It automates salary increases, bonuses, and rewards, replacing manual processes with flexible budgeting, branded salary letters, and multi-currency support. This makes it suitable for companies with complex compensation needs.
CompXL integrates with other HCM systems for bonus and merit administration. It allows importing key business metrics for budgeting and retains existing spreadsheet layouts and formulas for easier transition. More details on specific integrations are not readily available.
How does CompXL integrate with other tools?
CompXL integrates with other HCM systems for bonus and merit administration. It allows importing key business metrics for budgeting and retains existing spreadsheet layouts and formulas for easier transition. More details on specific integrations are not readily available.
Alternatives to CompXL include SimplyMerit, OpenComp, Comprehensive, and Figures. These competitors offer similar compensation management features, often with a focus on fair and transparent pay practices. For broader job and salary insights, Glassdoor is another option.
What the main competitors of CompXL?
Alternatives to CompXL include SimplyMerit, OpenComp, Comprehensive, and Figures. These competitors offer similar compensation management features, often with a focus on fair and transparent pay practices. For broader job and salary insights, Glassdoor is another option.
CompXL, now under Salary.com, appears to be a legitimate and safe compensation management software. G2 and Glassdoor reviews show generally positive ratings. Users praise its flexible configuration and excellent customer support. It streamlines compensation planning, but some users find the interface outdated.
Is CompXL legit?
CompXL, now under Salary.com, appears to be a legitimate and safe compensation management software. G2 and Glassdoor reviews show generally positive ratings. Users praise its flexible configuration and excellent customer support. It streamlines compensation planning, but some users find the interface outdated.
CompXL pricing is not publicly available. Contact CompXL directly to obtain pricing information and determine if the product is worth the investment for your needs.
How much does CompXL cost?
CompXL pricing is not publicly available. Contact CompXL directly to obtain pricing information and determine if the product is worth the investment for your needs.
CompXL's customer service receives overwhelmingly positive feedback. Users consistently praise the responsiveness and helpfulness of the support team, particularly their dedicated account managers. While some documentation and resource updates are desired, the overall sentiment towards customer service is very favorable.
Is CompXL customer service good?
CompXL's customer service receives overwhelmingly positive feedback. Users consistently praise the responsiveness and helpfulness of the support team, particularly their dedicated account managers. While some documentation and resource updates are desired, the overall sentiment towards customer service is very favorable.
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.
An AI tool that observes your work, finds inefficiencies, and suggests smarter ways to do things. Maybe you can use your tools better, automate tasks, or switch software.