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SimplyMerit description
SimplyMerit is a cloud-based software designed for mid-sized businesses in the USA to manage employee compensation, including merit increases and bonuses. It simplifies the process of managing merit budgets, automates tasks like currency conversion and proration, and generates adjustment letters. This software aims to replace spreadsheets and provide managers with a user-friendly platform for compensation management, leading to better data-driven decisions and improved employee engagement.
Who is SimplyMerit best for
SimplyMerit is a user-friendly cloud-based compensation management software praised for its excellent customer support and customizability. It simplifies merit increases, bonuses, and equity grants, replacing spreadsheets with automated processes. While users appreciate its fast implementation and streamlined approach, some have noted areas for improvement in data import/export customization and HRIS integrations.
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Ideal for mid-sized businesses in the USA seeking streamlined compensation management.
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Not industry-specific, adaptable to various sectors.
SimplyMerit features
| Supported SimplyMerit is designed for managing employee compensation, including merit increases and bonuses. |
| Supported SimplyMerit simplifies the process of managing merit budgets. |
| Supported SimplyMerit automates tasks such as currency conversion and proration. |
| Supported SimplyMerit generates adjustment letters for compensation changes. |
| Supported SimplyMerit is designed to replace spreadsheets, providing a user-friendly platform for compensation management. |
| Supported SimplyMerit offers a user-friendly platform for managers to handle compensation processes. |
We evaluate the sentiment that users express about non-functional aspects of the software
Customer Service
Ease of Use
Ease of Implementation
SimplyMerit reviews
We've summarised 57 SimplyMerit reviews (SimplyMerit G2 reviews) and summarised the main points below.
- User-friendly interface praised by both admins and managers.
- Excellent and responsive customer support.
- Highly customizable to fit specific company needs.
- Fast implementation, often within two weeks.
- Simplifies and streamlines the compensation planning process, replacing spreadsheets.
- Data imports and exports could be more customizable.
- Integration with HRIS systems could be improved.
- Limited options for setting up equity with guaranteed stock ratios.
- Some manual work is still required on the backend for updates.
- Merit letters occasionally pull incorrect data or have calculation errors.
SimplyMerit pricing
The commentary is based on 4 reviews from SimplyMerit G2 reviews.
Reviewers consistently praise SimplyMerit's affordability and value. Many highlight its cost-effectiveness compared to other compensation management platforms, making it a great option for smaller businesses seeking an alternative to manual processes. It's described as a simple, effective, and affordable tool.
Users sentiment
SimplyMerit alternatives
QuintoBetter fit for enterprise companies. Has more momentum. Focuses on job descriptions.Read more
HRSoft Compensation ManagementBetter fit for enterprise companies and a wider range of industries. It has stronger momentum. Integrates with Workday.Read more
100HiresBetter for smaller businesses and those in software, professional services, or various other industries. It has stronger momentum and offers AI-powered features for recruitment. Users praise its automation and ease of use, but some find the pricing high. A strong SimplyMerit competitor and alternative.Read more
CompLogix CompensationBetter fit for enterprise companies and specific industries like Healthcare, Finance, Retail, and Software. Shows significant growth and momentum as a SimplyMerit competitor. More complex setup but offers highly customizable business rules.Read more
ADP Workforce NowBetter fit for larger companies and a wider range of industries. Offers broader HR features including payroll, benefits, and talent management. Has significantly more momentum. Negative user sentiment around customer service.Read more
HireologyBetter for applicant tracking and onboarding. A better Hireology alternative for multi-location businesses in retail automotive, healthcare, and hospitality. Hireology is growing faster.Read more
SimplyMerit FAQ
What is SimplyMerit and what does SimplyMerit do?
SimplyMerit is a cloud-based compensation management software for mid-sized US businesses. It streamlines merit increases, bonuses, and budget management, automating tasks like currency conversion and generating adjustment letters. It's user-friendly and replaces spreadsheets for data-driven decisions.
How does SimplyMerit integrate with other tools?
SimplyMerit integrates with HRIS systems, though users have noted this could be improved. It also handles data imports and exports, although with some limitations on customization. Further integration details are not readily available.
What the main competitors of SimplyMerit?
SimplyMerit competes with HRSoft Compensation Management and CompLogix Compensation in the compensation management software market. These alternatives offer similar features for managing employee compensation, automating processes, and providing data-driven insights.
Is SimplyMerit legit?
SimplyMerit is a legitimate software solution. User reviews praise its user-friendly interface and excellent customer support. It's considered safe and effective for managing employee compensation, particularly for mid-sized businesses in the USA seeking to streamline their processes.
How much does SimplyMerit cost?
I couldn't find pricing information for SimplyMerit. For the most current pricing details, it's best to visit their website directly. This will help you determine if SimplyMerit is worth the investment for your needs.
Is SimplyMerit customer service good?
Users consistently praise SimplyMerit's customer service as outstanding, helpful, and responsive. Support is readily available for setup, troubleshooting, and customization. The team is proactive and communicative, even addressing feature requests they can't immediately fulfill.
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.