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Logo of Payfactors

Payfactors

byPayscale
in Compensation Management Software
4.2

Overview

Product Information on Payfactors

Updated 13th October 2025

What is Payfactors?

Payfactors is a compensation management software designed to support organizations in managing pay data, analyzing market trends, and facilitating equitable compensation practices. The software offers features such as salary benchmarking, job pricing, survey management, and advanced analytics to help human resources teams make informed decisions regarding employee pay structures. Payfactors enables integration with HR systems and provides tools for building compensation reports, modeling scenarios, and maintaining compliance with internal and external pay guidelines. Through centralized data and workflow automation, the software addresses challenges related to pay transparency, accuracy, and consistency within organizations of various sizes and industries.

Payfactors Pricing

Payfactors software utilizes a subscription-based pricing model, providing access to compensation data and management tools. Pricing varies based on the number of users, organization size, and selected features, with clients typically required to contact the provider for a customized quote according to specific business requirements.

Overall experience with Payfactors

Sr. Manager, HRIS & Program Management
<50M USD, Services (non-Government)
FAVORABLE

“Functional Design Ensures Smooth User Experience”

5.0
Oct 18, 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.
Director of Human Resources
Gov't/PS/ED <5,000 Employees, Education
CRITICAL

“Real-Time Compensation Analysis Offers Industry-Specific Customization”

3.0
Jul 17, 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 24th March 2025

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

Updated 29th April 2025
Company type
Private
Year Founded
2002
Head office location
Seattle, United States
Number of employees
501 - 1000
Website
https://www.payscale.com

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Key Insights

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Peer Discussions

Payfactors Reviews and Ratings

4.2

(18 Ratings)

Rating Distribution

5 Star
39%
4 Star
50%
3 Star
11%
2 Star
0%
1 Star
0%
Why ratings and reviews count differ?
  • Sr. Manager, HRIS & Program Management
    <50M USD
    Services (non-Government)
    Review Source

    Functional Design Ensures Smooth User Experience

    5.0
    Oct 18, 2024
    Well thought out functionality. A very clean interface with well-connected modules and user capabilities.
  • Sr. Manager, HRIS & Program Management
    <50M USD
    Services (non-Government)
    Review Source

    Functional Design Ensures Smooth User Experience

    5.0
    Oct 18, 2024
    Well thought out functionality. A very clean interface with well-connected modules and user capabilities.
  • Read All 18 Reviews

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Payfactors Likes & Dislikes

Like

Modules are well designed and clean.

Like

Modules are well designed and clean.

Like

Modules are well designed and clean.

Dislike

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.

Dislike

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.

Dislike

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.

A Snapshot of What Matters - Based on Validated User Reviews

Reviewer Insights for: Payfactors
Performance of Payfactors Across Market Features