Overview
Product Information on Payfactors
What is Payfactors?
Payfactors Pricing
Overall experience with Payfactors
“Functional Design Ensures Smooth User Experience”
“Real-Time Compensation Analysis Offers Industry-Specific Customization”
About Company
Company Description
Payscale is a company that focuses on compensation management. The main objective of the company is to facilitate fair and sustainable pay. They support businesses worldwide by supplying dynamic data sources, providing experienced compensation services, and offering scalable software. This approach is designed to equip organizations with the necessary tools and information to make justified and suitable pay decisions.
Company Details
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Key Insights
A Snapshot of What Matters - Based on Validated User Reviews
Reviewer Insights for: Payfactors
Performance of Payfactors Across Market Features
Payfactors Likes & Dislikes
Modules are well designed and clean.
Ability to perform real-time, compensation analysis, functionality that allows, the integration of customize surveys related to your industry, and the functionality to support merit increase allocation and calibration.
Overall, the product is user friendly and generally easy to navigate.
None so far.
The system is complex and requires dedicated team resources to administer the system, the system relies on crowd-sourcing and company sourcing, which means you have to use other data sources to ensure reliable and valid outcomes, and the system is more complex and requires strong IT skills.
Increased flexibility around licensures that can be added / considered for roles. Increased skills available to have a more targeted approach. Better initial training during implementation.
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Peer Discussions
Payfactors Reviews and Ratings
- Sr. Manager, HRIS & Program Management<50M USDServices (non-Government)Review Source
Functional Design Ensures Smooth User Experience
Well thought out functionality. A very clean interface with well-connected modules and user capabilities. - Director of Human ResourcesGov't/PS/EdEducationReview Source
Real-Time Compensation Analysis Offers Industry-Specific Customization
provides benchmarking data at your fingertips that allows better alignment to market rates but limited number of companies in the system and data is mostly from the United States. - DIRECTOR OF TALENT ACQUISITION50M-1B USDHealthcare and BiotechReview Source
The Product: Easy to Use and Navigate
Overall my experience has been enjoyable and benefitted our company greatly. - Software Developer50M-1B USDMediaReview Source
Pay factors - perfectness
Its a very good software for handling all the business transactions. The experience of using the software was very good and it helped keep transparency of transactions. - TEAM LEAD - OPERATIONS10B+ USDMiscellaneousReview Source
Streamlining the comp process
Payfactors is a one platform for all the employee salary related functionalities. For instance, keep all our salary scrutinization at one place, easier for pricing and evaluation and we can compare and contrast various geographies salary standards.