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HRsoft Compensation Management Logo
HRsoft Compensation Management
4.7
(30)

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Compensation planning and management software

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(3)

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HRsoft Compensation Management Pricing, Features, Reviews and Alternatives

HRsoft Compensation Management product overview

Price starts from

1

Per year

What is HRsoft Compensation Management?

HRSoft Compensation Management is the industry-leading, purpose built platform for compensation lifecycle management. HRSoft Compensation Management provides a digitized, integrated system of record for designing, approving, executing, and measuring even the most complex compensation strategies. The platform brings all disparate compensation-related data into a single unified system, with the right level of transparency to stakeholders.

Key benefits of using HRsoft Compensation Management

  • 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.
  • Typical customers

    Freelancers
    Small businesses
    Mid size businesses
    Large enterprises

    Platforms supported

    Web
    Android
    iPhone/iPad

    Support options

    Phone Support
    Email/Help Desk
    24/7 (Live rep)

    Training options

    In Person
    Webinars
    Documentation
    Live Online
    Videos

    HRsoft Compensation Management pricing information

    Value for money

    4.7

    /5

    30

    Starting from

    1

    Per year

    Pricing options

    Free plan
    Subscription
    Free trial
    Pricing range

    Value for money contenders

    HRsoft Compensation Management features

    Functionality

    4.6

    /5

    30

    Total features

    29

    3 categories

    Most valued features by users

    Reporting/Analytics
    Activity Dashboard
    Third-Party Integrations
    Reporting & Statistics
    Alerts/Notifications
    API
    Customizable Reports
    Data Import/Export

    Functionality contenders

    HRsoft Compensation Management users reviews

    Overall Rating

    4.7

    /5

    30

    Positive reviews

    Rating breakdown
    • Value for money
    • Ease of use
    • Features
    • Customer support
    • Likelihood to recommend9.21/10
    Rating distribution

    5

    4

    3

    2

    1

    22

    7

    1

    0

    0

    Pros
    Intuitive, ease of use, clean interface. Backed by a fantastic team that is always a pleasure to work with.
    Excellent platform for communicating with our partners. Very easy to use, customizable, and excellent customer support.
    Ease of customization, customer service, amazing implementation team and overall a tool that has great user interface with flexibility.
    Cons
    The error handling is one of the items that we sometimes struggle with when encountering an error within the application.
    Sometimes that error message is not very meaningful and it makes it difficult to determine the cause of the error.
    Not enough information cross checking and validation. Error messaging is a bit weak.

    Overall rating contenders

    AvatarImg
    AvatarImg

    Britta H. H.

    Hospital & Health Care, 501-1,000 employees

    Used other for 6-12 months

    Review source

    Overall Rating
    • Value for money
    • Ease of use
    • Features
    • Customer support

    Share this review:

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

    Reviewed 6 years ago
    Pros

    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.

    Cons

    Some features are hardcoded into the HRSoft COMPview tool which may require some creative resolution. The HRSoft team was extremely accommodating and always kept our business needs in mind. Also, post-implementation, we held a post-mortem and HRSoft listened to our feedback for improvements which may be adopted in future releases.

    MH
    AvatarImg

    MARIUS H.

    Insurance, 10,001+ employees

    Used daily for 2+ years

    Review source

    Overall Rating
    • Value for money
    • Ease of use
    • Features
    • Customer support
    • Likelihood to recommend10/10

    Share this review:

    Technology Review

    Reviewed 4 years ago

    CompTrak software allows us to manage the most complex compensation plans with confidence. It has no issue handling exceptions and complex business rules.

    Pros

    The Comptrak vendor is very knowledgeable about the Insurance business. They proved to be very accommodating even with short notice requirements. Impressive development and testing speed and quick turnaround time for changes. Their deliverables are always of very high quality. The customer support team is always standing by to pick up the phone and call if we have questions or issues. Based on feedback I got from our business users, the software is intuitive and very easy for managers and administrators to use, gives them the flexibility to handle all situations with audit compliance. From a daily maintenance perspective it's worth mentioning and in the last 2 and a half years since we went live we never had any major severity incident, not even a medium severity one.

    Cons

    Nothing I can think of at this moment. The software is very robust and we had no significant production incident with it.

    AR
    AvatarImg

    Verified reviewer

    Banking, 10,001+ employees

    Used daily for 2+ years

    Review source

    Overall Rating
    • Value for money
    • Ease of use
    • Features
    • Customer support
    • Likelihood to recommend9/10

    Share this review:

    CompTrak Review

    Reviewed 4 years ago

    - Highly customized application to support employee variable compensation planning and allocation. - Excellent support and flexible professional services

    Pros

    - function rich - highly customized - ease of use

    Cons

    - error handling is a bit weak - not enough information cross checking and validation - error messaging is a bit weak

    AW
    AvatarImg

    Ashley W.

    Oil & Energy, 501-1,000 employees

    Used daily for 6-12 months

    Review source

    Overall Rating
    • Value for money
    • Ease of use
    • Features
    • Customer support
    • Likelihood to recommend9/10

    Share this review:

    What the tool lacked in functionality, the team makes up for in service and customization

    Reviewed 4 years ago

    CompTrak has been very accommodating with our requirements and timelines. Response times on support inquiries are very quick. What the tool lacked in functionality, the team made up for in service and customization.

    Pros

    - Very accommodating to our needs for customization due to our unique plan rules. - Our goal was not to change our user experience from the legacy system and CompTrak went into great efforts to make that happen for us. - User interface is user-friendly and does not require extensive training for employees to use. - Our reporting requests were probably more complex than some and CompTrak did a great job fulfilling those requirements.

    Cons

    - UI is a bit out-dated and could use a visual update in the next few years.

    LC
    AvatarImg

    Lisa C.

    Capital Markets, 5,001-10,000 employees

    Used daily for 1-2 years

    Review source

    Overall Rating
    • Value for money
    • Ease of use
    • Features
    • Customer support
    • Likelihood to recommend10/10

    Share this review:

    Comments from Administrator

    Reviewed 4 years ago

    Customer service is impeccable! The team is always available to help when issues arise.

    Pros

    The application is intuitive and very easy for managers and administrators to use. It gives us the flexibility to handle all situations with audit compliance.

    Cons

    Can't think of anything major. Overall experience has been nothing but positive.

    HRsoft Compensation Management FAQs

    Q. What type of pricing plans does HRsoft Compensation Management offer?

    HRsoft Compensation Management has the following pricing plans:
    Starting from: $1.00/year
    Pricing model: Subscription


    Q. Who are the typical users of HRsoft Compensation Management?

    HRsoft Compensation Management has the following typical customers:
    Large Enterprises, Non Profit


    Q. What languages does HRsoft Compensation Management support?

    HRsoft Compensation Management supports the following languages:
    English


    Q. Does HRsoft Compensation Management offer an API?

    Yes, HRsoft Compensation Management has an API available for use.


    Q. What level of support does HRsoft Compensation Management offer?

    HRsoft Compensation Management offers the following support options:
    Phone Support, Email/Help Desk, 24/7 (Live rep)

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