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HRSoft Compensation Management description
HRSoft Compensation Management software helps mid-size and larger companies manage employee compensation, from planning budgets to communicating with employees. It automates salary, merit, and bonus calculations, integrates with existing HR systems, and provides data-driven insights to make informed decisions about compensation strategy. The software aims to streamline the entire process, reduce errors, and ensure fair and competitive compensation practices.
Who is HRSoft Compensation Management best for
HRSoft Compensation Management simplifies compensation processes for mid-size to large businesses. Users praise its user-friendly interface and customizability. However, some dislike the manual data integration and limited reporting features. It's ideal for companies with complex compensation needs, across multiple countries and currencies.
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Best fit for mid-size and large enterprises.
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Ideal for Healthcare, Finance, Retail, Education, and other sectors.
HRSoft Compensation Management features
| Supported HRSoft integrates with Workday for compensation management. |
| Supported HRSoft streamlines compensation planning, including merit increases, bonuses, and rewards. |
| Supported HRSoft offers PAYview, a tool designed for pay equity analysis across demographics. |
We evaluate the sentiment that users express about non-functional aspects of the software
Value and Pricing Transparency
Customer Service
Ease of Use
Reliability and Performance
Ease of Implementation
Scalability
HRSoft Compensation Management reviews
We've summarised 141 HRSoft Compensation Management reviews (HRSoft Compensation Management Software Advice reviews, HRSoft Compensation Management TrustPilot reviews, HRSoft Compensation Management Capterra reviews and HRSoft Compensation Management G2 reviews) and summarised the main points below.
- User-friendly interface praised for ease of use, especially for managers.
- Highly customizable to meet specific company needs and compensation structures.
- Excellent customer support, known for responsiveness and helpfulness.
- Streamlines compensation planning, eliminating manual spreadsheets and reducing errors.
- Flexible system accommodates various compensation plans, including merit, bonus, and equity.
- Manual data integration with HRIS systems is a common complaint, requiring manual updates for new hires, job changes, and terminations.
- The One-Time Payment (OTP) process is sometimes problematic.
- Limited self-service options for configuring reports and dashboards.
- Reporting features are basic, requiring customization for comprehensive analysis.
- Occasional system slowdowns, especially with concurrent users.
HRSoft Compensation Management pricing
The commentary is based on 6 reviews from HRSoft Compensation Management Capterra reviews and HRSoft Compensation Management G2 reviews.
HRSoft offers three tiers for their compensation management software: Grow, Scale, and Elevate. Each tier offers increasing levels of features and support.
Users sentiment
HRSoft Compensation Management alternatives
SimplyMeritBetter for US-based mid-sized businesses. Higher rated by users. Easier to implement and use, with excellent customer support. However, it has less momentum.Read more
HireologyBetter for organizations focused on high-volume hiring and multi-location management. More suitable for small to medium-sized businesses in retail automotive, healthcare, and hospitality.Read more
MarketPayBetter for global compensation management, especially for software/IT, finance, and healthcare. Higher rated by users. More positive pricing sentiment.Read more
PaycorBetter for organizations needing broader HR functionalities beyond compensation. Suitable for companies of all sizes, with a focus on mid-size to large businesses. Offers more integrations with other business software.Read more
Oracle Workforce Rewards CloudBetter for larger enterprises and has more momentum. Broader range of features including benefits and stock options.Read more
100HiresBetter for small businesses. Focuses on applicant tracking and AI-powered hiring features. Has more momentum based on employee growth. Serves more industries.Read more
HRSoft Compensation Management FAQ
What is HRSoft Compensation Management and what does HRSoft Compensation Management do?
HRSoft Compensation Management streamlines employee compensation processes for mid-sized and larger companies. It automates calculations, integrates with HR systems like Workday, and provides insights for compensation strategy. This software simplifies merit increases, bonuses, and pay equity analysis, improving efficiency and accuracy.
How does HRSoft Compensation Management integrate with other tools?
HRSoft Compensation Management integrates with existing HR systems, notably Workday, for streamlined data flow. It also offers PAYview, a tool specifically designed for pay equity analysis. While it excels at core compensation management, some users note manual data integration for certain HRIS systems can be cumbersome.
What the main competitors of HRSoft Compensation Management?
Alternatives to HRSoft Compensation Management include SimplyMerit, ADP Workforce Now, and Oracle Workforce Rewards Cloud. These competitors offer similar compensation management features, catering to various business sizes and complexities.
Is HRSoft Compensation Management legit?
HRSoft Compensation Management is a legitimate software solution. User reviews praise its user-friendly interface and excellent customer support. However, some users mention manual data integration and limited reporting features as drawbacks. Consider these factors when assessing if it's the right fit for your compensation management needs.
How much does HRSoft Compensation Management cost?
I couldn't find pricing details for HRSoft Compensation Management. Contact HRSoft directly for product pricing and to determine if it meets your compensation management needs.
Is HRSoft Compensation Management customer service good?
HRSoft Compensation Management receives overwhelmingly positive feedback for its customer service. Users consistently praise the support team's responsiveness, helpfulness, and thoroughness, describing them as "amazing," "fantastic," and "on point." They are viewed as key partners who help clients meet objectives and deadlines.
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.