SimplyMerit Pricing, Features, Reviews & Alternatives

SimplyMerit

Cloud-based HR compensation management with insight analysis

4.68/5 (19 reviews)

SimplyMerit overview

What is SimplyMerit ?

SimplyMerit from MorganHR is a cloud-based HR compensation management software solution that supports business leaders with optimizing merit spend budgets and annual bonus pools. Promising “Live in Five” days deployment and configuration time, the centralized system imports existing compensation data, and connects into established performance management processes with integration for ADP Workforce and Namely. With real time capability, SimplyMerit handles currency conversions, applies prorations automatically, while also generating and distributing adjustment letters. Requested compensation adjustments remain transparent throughout the software which has been designed to follow the traditional merit pay adjustment request and approvals workflow.

Additionally, SimplyMerit offers a collaboration engine for assisting the collaborative work between teams of users, while tracking all updates and changes for auditing purposes. Secure user permissions ensure that only authorized managers have access to sensitive compensation data. Predictive modeling tools go on to advise on the projected impact of any planned compensation adjustments, with real time monitoring applied to set budgets. Analytics is also provided in the form of SimplyMerit Insights, which combines a company’s data with MorganHR consultancy to deliver boardroom-ready reports. These include compensation insights spanning biases and disparities, gender-pay differentials, HIPOs, employees at risk, market pay and budget allocation analysis, plus a range of identified merit cycle outliers.

Pricing

Starting from
$6500/year
Pricing options
Subscription
Free trial
Value for money
View Pricing Plans

Devices

Business size

S
M
L

Markets

United States, Canada

Supported languages

English
SimplyMerit  screenshot: SimplyMerit is a cloud-based HR compentation management software solution for global business usersSimplyMerit - Intuitive, Global Compensation ManagementSimplyMerit  screenshot: SimplyMerit promises to give HR departments and managers a comprehensive level of visibility into the compensation process, showing here searchable employee data for a particular organizationSimplyMerit  screenshot: The SimplyMerit interface has been designed to follow the natural workflow for merit pay adjustment requests and approvals in order to be intuitive for all usersSimplyMerit  screenshot: An example of SimplyMerit's Salary tab detailing employee data pertaining to a particular work team with Merit fields for making salary adjustments for certain members of staffSimplyMerit  screenshot: The bonus tab allows for the definition of bonus allocations, showing here the submission of company and discretionary bonuses to certain team employees plus an overview of the total allocated bonus budget overallSimplyMerit  screenshot: Configuration options include the Budget Amounts tab, showing a budget overview with a page as shown for setting and submitting budget amounts

SimplyMerit user reviews

Excellent
13

Very good
6

Average
0
Poor
0
Terrible
0
Value for money
Features
Ease of use
Customer support
  4.8
  4.3
  4.8
  4.9
Steven A.

Great product

Used monthly for less than 6 months
Reviewed 2020-07-29
Review Source: Capterra

Great experience with the product. I had it up and running within a day. Sent out to a hundred managers without training and all were able to use without an issue.

Pros
Ease of use and implementation. Very well designed with clean interface. Was up and running in days

Cons
Lack of customization limits you to use the product as it is designed. Most things are there but would be nice to have a little more flexibility

Response from MorganHR


Thank you, Steve! We recently rolled out significant advancements in customization options and will schedule time with you to share as well as solicit additional feedback.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Melanie M.

SimplyMerit - Excellent Tool for Compensation/Merit Increase Management

Used occasionally for 2+ years
Reviewed 2020-10-30
Review Source: Capterra

Excellent - [SENSITIVE CONTENT HIDDEN] is fantastic. He understands how compensation/merit systems work and is a great resource when questions arise. He's very knowledgeable.

Pros
Ease of use and quick implementation time.

Cons
Great product and they always seem to be updating it. The only request I would have is that they make it to where information can be manually entered since right now, all must be uploaded. Uploading is great when you have a lot of information to get into the system at one time, but when you just have a quick change or addition here and there, the ability to get into the program and just quickly enter a change would make a HUGE difference.

Response from MorganHR


Thank you, Melanie! We appreciate the feedback, and you'll be happy to know that your requested feature is in development right now and should be in testing this week!

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Joe R.

2020 Merit Increases

Used occasionally for 6-12 months
Reviewed 2020-07-24
Review Source: Capterra

Overall the tool was such a time saver. Adjustments that took weeks to do in the past were resolved in minutes. Looking forward to learning the advances in the tool to implement those the next time we use Simply Merit.

Pros
Painless to load information into the tool. Extremely easy to navigate the tool as a manager to adjust merits amounts, review seeded metrics, and approve. Elimination of using spreadsheets and not having to always revise and send out new spreadsheets to managers was such a time saver. Ability to retrieve approvals in the matter of seconds was so instrumental in having the merit process run so smooth.

Cons
Not having delegates able to approve for executives was a bit of a challenge. Managers not being able to sign in due to email addresses with upper case alphabets was also a thorn.

Response from MorganHR


Thank you, Joe, for taking time to provide your review of SimplyMerit. Ease of use is definitely a hallmark of our design.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 8/10

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Jean P.

Best software for Merit and Bonus process!

Used occasionally for 2+ years
Reviewed 2019-12-06
Review Source: Capterra

Pros
It was the best choice our compensation department ever made. We were struggling doing the Merit and Bonus process with spreadsheets, sending hundreds of emails. And SimplyMerit does it all and much more. Great customer service and helpdesk. It's easy to use from an administrator point-of-view and end-user as well. So many features that make your Merit and Bonus process easier and safe. We saved a lot of time on the approval process.

Cons
None. Every day I use the system I find a new applicability, a new feature that makes the process easier.

Response from MorganHR


Thank you so much for the wonderful review, and being so insightful when we talk with you about your process. We really appreciate your input!

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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AMY S.

Easy and quick implementation

Used occasionally for 6-12 months
Reviewed 2020-07-29
Review Source: Capterra

Overall, my experience was positive. The process of implementing the system didn't take long at all. Our managers picked up on the process quickly and there was very little support needed from administrators.

Pros
The implementation process was quick and easy and was definitely better than the manual Excel spreadsheets we were using before for the merit increase process. I love that the workflow can be set and progress can be tracked. Once all merit/promotion decisions were completed, we were able to create a simple download file to import into our accounting system.

Cons
We were able to build out for some of our exceptions, but not all. We were not able to build an automated step process in for our attorneys, they had to be moved to the next step by changing the merit percentage. It wasn't a hard process, but it was something that was done by HR before the process was sent to managers for approval.

Response from MorganHR


Thank you, Amy, for taking time to write such a great review.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 9/10

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SimplyMerit pricing

Starting from
$6500/year
Pricing options
Subscription
Free trial
View Pricing Plans

Annual license based on number of employees and includes unlimited support – request full pricing information via the website.

SimplyMerit features

Collaboration Tools
Performance Management
Reporting & Statistics
Reporting/Analytics
Third Party Integrations

API (629 other apps)
Activity Dashboard (589 other apps)
Alerts/Notifications (584 other apps)
Applicant Tracking (420 other apps)
Assessment Management (428 other apps)
Customizable Branding (387 other apps)
Data Import/Export (442 other apps)
Employee Database (513 other apps)
Employee Management (498 other apps)
Employee Profiles (412 other apps)
Mobile Access (477 other apps)
Recruitment Management (430 other apps)
Search/Filter (386 other apps)
Self Service Portal (806 other apps)
Training Management (415 other apps)

Videos and tutorials

Additional information for SimplyMerit

Key features of SimplyMerit

  • Bonus Management
  • Compensation Assessment
  • Compensation Calculation
  • Compensation Plan Modeling
  • Compensation Statements
  • Incentive Programs
  • Organizational Charting
  • Salary Planning
View All Features

Benefits

• SimplyMerit from MorganHR is an online HR compensation management solution that promises rapid "Live in Five!" implementation, importing existing data and connecting to performance management processes etc to go live in five days or less.

• SimplyMerit has support for global currencies, automatic prorations, plus one-click generation and distribution of multilingual compensation adjustment letters.

• Interface designed to intuitively follow the natural workflow for handling merit pay adjustment requests and making approvals, with a collaboration engine supporting multiple users and tracked system updates for auditing.

• Modeling capabilities allow HR teams to model and forecast the holistic results of any planned compensation adjustments, aiding the setting of budgets that are tracked in real time.

• SimplyMerit Insights delivers analysis of a company's compensation environment by combining gathered data with the knowledge of MorganHR consultants to provide a bespoke "board-ready" report detailing compensation insights and merit cycle outliers.