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  1. Home
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  3. HRSoft Compensation Management
Logo of HRSoft Compensation Management

HRSoft Compensation Management

byHRSoft
in Compensation Management Software
4.4

Overview

Product Information on HRSoft Compensation Management

Updated 17th April 2023

What is HRSoft Compensation Management?

HRSoft COMPview allows organizations to manage the entire compensation lifecycle of complex compensation plans by systematically guiding and controlling calculation and allocation of merit, bonus and equity awards that drive employee engagement, performance and retention. Functionality Includes: -Defining, overseeing and controlling the entire compensation cycle from budget modeling to award allocations within different rules and budgets to employee communication. -Ability for line managers to make more strategic award decisions based on performance and potential. -Provides HR with real-time visibility into decisions being made on an employee-by-employee basis. -Review award recommendations, model changes and make mass updates before completing final award approvals with HRSoft’s Modeling Tool. -Publish and view employee compensation statements online, communicating new awards at the right time for each employee -Manages global currencies

HRSoft Compensation Management Pricing

Pricing based on employee count.

HRSoft Compensation Management Product Images

Global Currencies
Global Currencies
COMPview Dashboard
COMPview Dashboard
Bonus Plans
Bonus Plans

Overall experience with HRSoft Compensation Management

Human Resources
Gov't/PS/ED <5,000 Employees, Education
FAVORABLE

“Streamlining Compensation Cycles with HRsoft”

4.0
Feb 7, 2025
This text serves as a placeholder and does not reflect the user’s review responses or opinions. This text serves as a placeholder and does not reflect the user’s review responses or opinions. This text serves as a placeholder and does not reflect the user’s review responses or opinions.
HRIS Manager
500M - 1B USD, Manufacturing
CRITICAL

“Struggling with Maintenance During Comp Cycle Due to No API Integrations”

3.0
Jul 2, 2024
This text serves as a placeholder and does not reflect the user’s review responses or opinions. This text serves as a placeholder and does not reflect the user’s review responses or opinions. This text serves as a placeholder and does not reflect the user’s review responses or opinions.

About Company

Company Description

Updated 13th October 2023

HRSoft's global compensation-focused product portfolio was designed to help teams handle the critical aspects of compensation lifecycle management. HRSoft's solutions help organizations streamline their compensation processes and provide transformational improvements in process, including pay-for-performance, pay equity analysis, and total rewards communication. HRSoft has integrations to every major HRIS provider, enabling organizations of all sizes to leverage their existing investment, eliminating manual processes, strategically rewarding employees, and providing executive teams with data and people analytics transparency.

Company Details

Updated 26th February 2025
Company type
Private
Year Founded
2012
Head office location
3513 Brighton Boulevard, Suite 220, Denver, United States
Number of employees
51 - 200
Parent Company
Bow River Capital
Annual Revenue
<50M USD
Website
www,hrsoft.com

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Key Insights

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Peer Discussions

HRSoft Compensation Management Reviews and Ratings

4.4

(32 Ratings)

Rating Distribution

5 Star
41%
4 Star
56%
3 Star
3%
2 Star
0%
1 Star
0%
Why ratings and reviews count differ?
  • Human Resources
    Gov't/PS/Ed
    Education
    Review Source

    Streamlining Compensation Cycles with HRsoft

    4.0
    Feb 7, 2025
    HRsoft it is helps to streamline the whole compensation cycle, within the organisation.It enables the effective to allocate and manages the different compensation component to ensure the organisational goal.
  • Human Resources
    Gov't/PS/Ed
    Education
    Review Source

    Streamlining Compensation Cycles with HRsoft

    4.0
    Feb 7, 2025
    HRsoft it is helps to streamline the whole compensation cycle, within the organisation.It enables the effective to allocate and manages the different compensation component to ensure the organisational goal.
  • Read All 32 Reviews

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HRSoft Compensation Management Likes & Dislikes

Like

It is very usefull for the long term incentive plan for the betterment into the orgainsation, also help for the total compensation planning. And also give the clarity of the pay for the performance for the individual into the orgarnisation. It also maintain the reward and recognition into the organsation.

Like

It is very usefull for the long term incentive plan for the betterment into the orgainsation, also help for the total compensation planning. And also give the clarity of the pay for the performance for the individual into the orgarnisation. It also maintain the reward and recognition into the organsation.

Like

It is very usefull for the long term incentive plan for the betterment into the orgainsation, also help for the total compensation planning. And also give the clarity of the pay for the performance for the individual into the orgarnisation. It also maintain the reward and recognition into the organsation.

Dislike

No API integration with HRIS. Thus, must manually enter new hires, job changes, terminations that take place during the comp cycle. Have to add new job codes manually after go-live. The OTP is a mess. It causes issues every year. There must be an integration of some sort, on-going throughout the comp cycle, for us to continue using this product.

Dislike

No API integration with HRIS. Thus, must manually enter new hires, job changes, terminations that take place during the comp cycle. Have to add new job codes manually after go-live. The OTP is a mess. It causes issues every year. There must be an integration of some sort, on-going throughout the comp cycle, for us to continue using this product.

Dislike

No API integration with HRIS. Thus, must manually enter new hires, job changes, terminations that take place during the comp cycle. Have to add new job codes manually after go-live. The OTP is a mess. It causes issues every year. There must be an integration of some sort, on-going throughout the comp cycle, for us to continue using this product.

A Snapshot of What Matters - Based on Validated User Reviews

Reviewer Insights for: HRSoft Compensation Management
Performance of HRSoft Compensation Management Across Market Features