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TalentComp
4.7
(27)

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Cloud based compensation management software

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(4)

TalentComp Pricing, Features, Reviews and Alternatives

TalentComp product overview

What is TalentComp?

TalentComp is a cloud based compensation management solution that offers budget control, compensation calculation and assessment within a suite.

Key benefits of using TalentComp

  • TalentComp offers budget control, compensation calculation and assessment within a suite.

  • TalentComp offers different types of compensation structures such as merit increases, bonuses, stock options, promotions and lump sum payouts.

  • Hierarchy arrangement enables users to submit recommendations to the next managers in line for review.

  • After recommendations are reviewed, the software prepares printable employee compensation statements.

  • Reporting module enables users to gain a complete view of the workforce which helps them to take effective decisions on workforce management practices.
  • Typical customers

    Freelancers
    Small businesses
    Mid size businesses
    Large enterprises

    Platforms supported

    Web
    Android
    iPhone/iPad

    Support options

    Email/Help Desk
    Phone Support

    Training options

    Live Online
    Documentation
    Videos

    TalentComp pricing information

    Value for money

    4.8

    /5

    27

    Starting from

    ic-pricetag

    No pricing info

    Pricing options

    Free plan
    Subscription
    Free trial
    Pricing range

    Value for money contenders

    TalentComp features

    Functionality

    4.5

    /5

    27

    Total features

    23

    4 categories

    Most valued features by users

    Reporting/Analytics
    Reporting & Statistics
    Alerts/Notifications
    Customizable Reports
    Employee Database
    Data Import/Export
    Customizable Templates
    Approval Process Control

    Functionality contenders

    TalentComp users reviews

    Overall Rating

    4.7

    /5

    27

    Positive reviews

    Rating breakdown
    • Value for money
    • Ease of use
    • Features
    • Customer support
    • Likelihood to recommend9.27/10
    Rating distribution

    5

    4

    3

    2

    1

    20

    6

    1

    0

    0

    Pros
    The software's reporting capabilities was not complex and they were able to provide a template report to look exactly like our Excel version of the process. Integration was great and very easy.
    From start to finish, it was a great process. We are very happy with the final product.
    Additionally, the customer service is fantastic. Our dedicated support is always so quick to respond and implement, and is always asking the right questions.
    Cons
    Need to click out of a field before a calculation/update happens to the data is sometimes confusing for users.
    More difficult to incorporate complex equations or operators (i.e. if, and, or, etc.).
    Executives don't like it for roll up purposes so we as an HR team have had to export to spreadsheets and track the changes made by executives and update the system.

    Overall rating contenders

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    Eileen V.

    Management Consulting, 501-1,000 employees

    Used monthly for less than 6 months

    Review source

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

    Share this review:

    Very intuitive system

    Reviewed 6 months ago

    The overall experience was positive. When needed we pulled in the president to get things resolved in time for our implementation. Running our salary planning for the first time this year went surprisingly smoothly, thanks to the partnership in implementation.

    Pros

    We looked at several systems to meet our global compensation planning needs and we felt TalentComp was the best fit. Not only does it accommodate salary planning in 12 countries, it is intuitive and allows managers to export their information to do their modeling offline and import it back into TalentComp, something they could not do with our prior system. Also, they can pull the comp statements at any time.

    Cons

    We had a lot of back and forth during set up with many things that should have been addressed up front. We also had to rework the comp statement several times with the implementation team to get it into the format we wanted because we could not modify it ourselves.

    AC
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    Alisa C.

    Logistics and Supply Chain, 5,001-10,000 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:

    Great experience with TalentComp!

    Reviewed 4 years ago
    Pros

    Software is extremely flexible, support team is top notch and is available around the clock.

    Cons

    As with any software, there can be limitations of functionality, even with development work.

    JL
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    Jacque L.

    Information Technology and Services, 501-1,000 employees

    Used monthly for 2+ years

    Review source

    Overall Rating
    • Value for money
    • Ease of use
    • Features
    • Customer support
    • Likelihood to recommend5/10

    Share this review:

    Good for small organizations

    Reviewed 6 months ago
    Pros

    It's relatively easy to use and it is less expensive than others -b but you pay for what you get. Our organization has started to outgrow TC and it's capabilities which is making it harder to manage our merit cycle

    Cons

    It's not synced to our HRIS, everything is manual and there is very little customization and features (to able to handle promotions directly in the tool)

    Vendor response

    Thanks so much for your feedback. I'm going to have someone reach out to you to review all your needs. We can accommodate everything you mentioned. We have existing API connections with BambooHR and UKG and have simple automated sftp setups for any other HRIS. We also have a great deal of customization available, but promotions are a standard feature in TalentComp so we can assist with setting that up for you right away. As far as scalability, our average customer size is 2,500 employees, and our largest current customer has over 18,000 employees. We should be able grow with your company and add whatever functionality you need.

    CN
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    Cindy N.

    Oil & Energy, 201-500 employees

    Used other for 2+ years

    Review source

    Overall Rating
    • Value for money
    • Ease of use
    • Features
    • Customer support
    • Likelihood to recommend8/10

    Share this review:

    Compensation Module

    Reviewed 3 years ago

    Very happy with the product, our managers feels it provides efficiencies in our annual performance cycle and compensation planning cycles

    Pros

    Easy to use, very customizable based on your business needs.

    Cons

    The annual process is a bit cumbersome to relaunch the tool.

    Vendor response

    Thank you so much for your feedback. We're happy to hear that TalentComp is working well for you and your managers. We have a new release coming out in Spring 2021 with our new QuickStart admin self-service interface to make the process of re-launching each cycle extremely easy.

    DW
    AvatarImg

    Dieter W.

    Marketing and Advertising, 1,001-5,000 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:

    Easy to use, easy to administer, easy to improve and grow with

    Reviewed a year ago

    Regularly stunned and happy. The reports and custom features are a big win.

    Pros

    The team behind the software really make this a win for me. Version 1 met our needs, and V2 comes out and blows off our socks, then it has a few tweaks needed and the team hops to it. Love the customer service and tool flexibility to our needs.

    Cons

    It would be handy to have a more influential role from CWS- I am coming to you with my problems, asks, requests, and your team is incredibly helpful and responding.It is like a white water ride, where everything is fast and I glance a tree as we go along, and there is a rock over there, but don't look too long because here comes the rapids again. It would be great to have a 'meta' review of what features are not being used, and how they could simplify or improve. We did not use 'preferred currency' and it would have been the right thing to do, but I didn't ask and it went by so quick I never really saw it or appreciated it. If someone at CWS did a performance audit to show how it can be even better, that would be well received.

    Vendor response

    Thank you for the review! We're thrilled to hear that you like the latest version of TalentComp and that our dedication to customer service has been helpful to you. We totally get that the number of features in TalentComp can be rather daunting. Our implementation approach is to configure TalentComp to your specific needs rather than dump a list of hundreds of features for you to sift through and choose from. Just ask us if a feature exists and we think you'll find the answer is YES! Of course, we're happy to reach out to schedule a performance audit. As for preferred currency, it's always on. We just defaulted your manager's view to CAD and hid the menu item for users to change it. We can turn the menu back on anytime.

    TalentComp FAQs

    Q. What type of pricing plans does TalentComp offer?

    TalentComp has the following pricing plans:
    Pricing model: Subscription


    Q. Who are the typical users of TalentComp?

    TalentComp has the following typical customers:
    Large Enterprises, Mid Size Business, Small Business


    Q. What languages does TalentComp support?

    TalentComp supports the following languages:
    English, French, Italian, Portuguese, Spanish


    Q. Does TalentComp offer an API?

    No, TalentComp does not have an API available.


    Q. What other apps does TalentComp integrate with?

    TalentComp integrates with the following applications:
    UKG Pro, BambooHR, Okta


    Q. What level of support does TalentComp offer?

    TalentComp offers the following support options:
    Email/Help Desk, Phone Support

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