Compensation Planning Pricing, Features, Reviews & Comparison of Alternatives

Compensation Planning

Compensation planning and management software

4.68/5 (20 reviews)

Compensation Planning overview

COMPview is a powerful, best-of-breed compensation management software that allows employers to eliminate spreadsheets and automate the entire process for salary, merit and bonus processes. Complete your entire compensation cycle in less time, with fewer mistakes and more effective allocation of budgets. Organizations with 1,000+ employees.
hrsoft.com

Pricing

Pricing options
Subscription
Value for money
View Pricing Plans

Devices

Business size

S
M
L

Markets

United States, Canada

Supported languages

English
Compensation Planning screenshot: COMPview visualizes salary comparisons in graph formComplete Compensation - Compensation Management & Total RewardsCompensation Planning screenshot: Compensation can be awarded to employees based on performance though COMPviewCompensation Planning screenshot: COMPview reports on budget allocations, spend, and remaining amountsCompensation Planning screenshot: COMPview allows users to configure company hierarchies for individual budgets

Compensation Planning reviews

Excellent
14

Very good
6

Average
0
Poor
0
Terrible
0
Value for money
Features
Ease of use
Customer support
  4.8
  4.7
  4.5
  4.8
Shanky Vad

In few words "Compensation planning - Use HRsoft". Can't go wrong. Easy to configure and use.

Used other for 2+ years
Reviewed 2017-06-12
Review Source: Capterra

This tool enabled our compensation team from having to create multiple spreadsheets for compensation planning for 16K employees. HRsoft not only cut the time down the team would have spent preparing spreadsheets, but also provided audit capability of knowing who changed what and when. The tool also enabled us to track approvals while ensuring the group could consolidate planner/approvers. Executives and end users were very appreciative of the simple process as well as the applications ease of use.Ease of customization, customer service, amazing implementation team and overall a tool that has great user interface with flexibility.

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Britta H. Hahn

Our recent implementation went smoothly thanks to our excellent support team.

Used other for 6-12 months
Reviewed 2018-04-06
Review Source: Capterra

HRSoft COMPview enables us to support our business through building advanced rules and calculations not available in our HRIS. We were able to build interfaces between our HRIS and HRSoft to ensure the data populated in the planning tool was mapped properly. We also built reports to support seamless payroll processing for our annual bonus payments. Our support team was incredibly knowledgeable and supportive throughout the entire process.

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Sarah Miller

Great Product and Amazing Support!

Used monthly for 2+ years
Reviewed 2018-03-01
Review Source: Capterra

Compensation Planning moved us from manual/excel to online. End user participation and ease of use has VASTLY improved. As has administrator reporting. This tool is so easy for our managers to use! We have had absolutely zero complaints about functionality for the past two years we have used it. In fact, more than once, we have been asked "Was it really that simple?" The answer is always "yes." From an implementation and administrator perspective, the team at HRSoft feels like a true, dependable, hard-working extension of my HR team. I couldn't ask for a better vendor partner.

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Jesse Roberts, PHR

Software is good. Implementation and Customer Service was amazing!

Used monthly for 2+ years
Reviewed 2018-03-30
Review Source: Capterra

The software worked well for our annual salary and equity award administration. The implementation process was one of the smoothest I've ever been a part of. I thought the service level might drop off on year two of using the product, but HRSoft maintained a very high level of service throughout. The team really tried to understand our needs before recommending solutions. Managers were able to easily navigate the various fields in order to make recommendations for their employees.

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Gloria Williams

I have found it very easy to use. Also the customer service that I have received is outstanding.

Reviewed 2016-03-17
Review Source: Capterra

If the software was capable of including 2 bonus amounts on one letter that would be great. We do have instances of an employee being on 2 different bonus in one year. I do like the fact that when running letters, you do have the option of one PDF with all of the letters for a group, or a zip file with the individual letters. Managers loved this feature. They were able to send letters to their remote employees easily. Using the tool was very easy. Once managers were trained on the tool there was no real issues. I really like the reporting feature. I ran reports constantly during the process. I do not know if you offer training on the creating the files for the initial input since I came into my company after they had already started to use the tool. I think offering training on what to include in certain input files for what scenerio, the format of the data for certain fields (ie: hourly rate vs annual salary) would be helpful. I know that I stumbled at first, forgetting the rules from last year. Overall though, I think it is a great tool.

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Compensation Planning pricing

Pricing options
Subscription
View Pricing Plans

Pricing is available on inquiry.

Compensation Planning features

Automatic Notifications
Real Time Reporting
Reporting & Statistics

API (320 other apps)
Activity Dashboard (252 other apps)
Activity Tracking (150 other apps)
Applicant Tracking (197 other apps)
Automatic Reminders (168 other apps)
Compliance Management (140 other apps)
Customizable Branding (188 other apps)
Customizable Reporting (189 other apps)
Data Import/Export (181 other apps)
Employee Database (140 other apps)
Employee Management (229 other apps)
Employee Portal (159 other apps)
Employee Self Service (176 other apps)
Recruiting Management (163 other apps)
Third Party Integration (189 other apps)
Time & Attendance Tracking (153 other apps)
Time Off Requests (142 other apps)

Additional information for Compensation Planning

Key features of Compensation Planning

  • Manager notifications
  • Budget controls
  • Global requirements
  • Auditable planning process
  • Real-time reviews
  • Planning progress
  • Drag-and-drop hierarchy
  • Pay-for-performance
  • Custom workflows
  • Planning automation
  • Active advice alerts
  • Award letters
  • Budget updates
  • Salary, stock & variable pay
  • Cascading budgets
  • Budget allocations
  • Award decisions
  • Survey data integration
View All Features

Benefits

The system can be configured to complement current compensation planning workflows in use at the company.

Real-time data, auditable planning processes, and active advice alerts are designed to prevent errors or security risks, while still keeping data accessible in the cloud.

Salary, variable pay, and stock can all be planned and managed, with the option for pay-for-performance.

Awards can be reviewed, processed, and approved in real time, with custom workflows and manager notifications.

Role-based access permissions allow users access to required data, while protecting sensitive information from unauthorized access.