List of the Top 7 Salary Benchmarking Tools for Workday Extend in 2025

LiveRem is an intuitive platform that delivers immediate insights and benchmarking for salaries and HR strategies, concentrating on crucial elements for attracting and keeping exceptional talent. By gathering compensation data directly from clients' payroll and HR systems, it facilitates a current salary survey that truly represents the worth of different positions. With advanced job-matching technology, it provides a trust score that reflects the dependability of the matches based on the platform's extensive data points. Prioritizing privacy, all information is anonymized, guaranteeing that your data remains protected while still delivering valuable analytics to guide your decisions. Transforming your remuneration strategy can shift it from a point of anxiety to a significant advantage for your organization. With LiveRem, you only need to input your company's details, allowing you to explore and compare job roles across various industries and organizations throughout New Zealand, which eliminates the hassle of traditional salary surveys and conserves your valuable time. This platform not only simplifies the process of understanding compensation but also enhances your talent management efforts, fostering a more informed and strategic approach to human resources.

Optimize and assess your compensation strategies effortlessly with Pave. This innovative platform allows you to refine your compensation decisions while eliminating the hassle of complex spreadsheets, thanks to its integrated real-time connections with your HRIS, ATS, and Cap Table. Historically, managing merit cycles has been a labor-intensive process, requiring teams to gather numerous compensation reports and keep various spreadsheets for different managers. Pave resolves this issue by centralizing compensation data in real-time, making it easier to handle merit cycles from one unified interface. Additionally, candidates and employees often do not have a clear view of their entire compensation package, which includes equity, bonuses, and benefits. Pave empowers you to clearly showcase the full range of offerings, which is crucial for attracting and retaining high-caliber talent. Many conventional surveys demand regular manual uploads, resulting in outdated compensation data. In contrast, Pave provides the most accurate real-time compensation benchmarking insights by swiftly integrating your systems within minutes. With this forward-thinking approach, traditional compensation surveys become obsolete, emphasizing that total rewards involve more than just salary. Ultimately, Pave redefines how organizations handle and communicate compensation, fostering transparency and simplifying the entire process, while also paving the way for more informed decision-making.

Compport offers a SaaS solution that effectively oversees all aspects of compensation planning, encompassing candidate offers, yearly and ad-hoc salary evaluations, tailored bonus and incentive programs, long-term incentive schemes, and recognition initiatives. This fully modular system enables users to create one or multiple compensation plans with complete flexibility, allowing them to evaluate and analyze the budget and its potential impact beforehand. Furthermore, it facilitates the launch of these plans to line managers for review of salary elements within their teams, while also providing a digital platform for communication with employees, granting them access to letters and comprehensive total rewards statements. In addition to streamlining processes, Compport aids organizations in realizing significant improvements such as enhanced efficiency by up to 90% in compensation management, total flexibility in compensation modeling, and improved decision-making capabilities for leaders, managers, and HR professionals. By empowering an organizational culture that promotes decentralized decision-making, it ensures that the right stakeholders have the necessary controls in place to drive effective outcomes. This innovative approach fosters a collaborative environment where informed choices can be made swiftly and efficiently.

Figures stands out as Europe's leading compensation management platform, specifically designed for mid-market companies and large enterprises to enable fair and effective salary determinations. This collaborative tool empowers organizations with essential resources for making well-informed compensation choices. With its educational materials and interactive features, Figures boosts productivity by offering a comprehensive platform that addresses the growing need for pay transparency. By integrating real-time market data and performance assessments, it simplifies the journey toward equitable compensation decisions. All vital information is transformed into actionable insights, securely stored for easy reference. Consequently, managers and stakeholders benefit from a user-friendly environment that enhances communication about pay with employees, promoting clarity and openness in conversations. This forward-thinking method not only contributes to achieving equity but also cultivates trust and engagement within the organization, driving overall success. Ultimately, Figures serves as a critical ally in navigating the complexities of modern compensation management.

Ravio has become the preferred platform for international technology companies that require precise real-time benchmarking of total rewards, market intelligence, and effective management of their compensation strategies. By leveraging live data from a range of tech organizations, businesses can evaluate their compensation structures, including salary, equity, variable pay, and benefits. After integrating your Human Resources system, Ravio's specialists will help align your employee data or leveling framework with the appropriate benchmarks. This level of flexibility allows you to maintain consistent comparisons as your organization grows and develops. Furthermore, by analyzing your workforce's total reward offerings against the most current market data, you can tailor your assessments according to various criteria, including industry sector, employee size, and funding stage, making sure the insights are relevant to your unique situation. The platform simplifies the challenge of balancing employee expectations with budgetary limitations by providing clear salary bands and forecasting tools. This all-encompassing solution supports managers, financial departments, and talent acquisition teams in making informed choices by illuminating the reasoning behind each compensation decision. Moreover, the application of transparent and straightforward salary bands helps reduce unnecessary negotiations, fostering a more efficient hiring process. Ultimately, Ravio empowers companies to strategically align their compensation practices with market standards, enhancing both employee satisfaction and organizational performance.

Eliminate the reliance on outdated data collection techniques and manual surveys. By seamlessly connecting with our clients' HRIS, payroll, and cap table software, we provide accurate and up-to-date compensation benchmarking data. This technology grants immediate access to reliable information, thus removing the delays and laborious surveys associated with traditional methods. Our specialized filters tailored to specific industries make it easy to perform comparisons, yielding insights that are customized to your needs. Utilizing API integrations, we pull data directly from our clients' systems, which not only conserves precious time but also guarantees the information is continuously accurate and refreshed in real-time. We provide essential filtering options that allow you to confidently benchmark against industry peers. By establishing aligned benchmarking levels, you can gain a more profound comprehension of your organization's structure, empowering you to make informed decisions with the data at hand. We prioritize the security of your data, ensuring encryption during both transmission and storage. Furthermore, our platform is designed to easily adapt filters, allowing you to meet the changing needs of your organization while remaining agile in a dynamic market landscape. This responsiveness ensures that your benchmarking efforts are always aligned with current industry standards.

Pequity offers flexible compensation solutions that cater to both full-service and self-service needs, guaranteeing that pay bands and compensation cycles are accurate and data-driven. With robust enterprise-grade security protocols such as SOC 2 Type 2 certification, GDPR compliance, multi-factor authentication, single sign-on, and continuous penetration testing, your sensitive compensation and employee data is kept safe, eliminating the risks associated with managing this information in spreadsheets. The platform effectively combines the user-friendly features of spreadsheets with the capabilities of large-scale automation. Pequity is tailored to meet the unique complexities and transparency requirements of your compensation framework, addressing both current demands and preparing for future expansion. It acts as a centralized system for all stakeholders, aligning their understanding of compensation and promoting seamless communication and collaboration among peers, leaders, managers, recruiters, business partners, employees, and candidates. By fostering a unified commitment to your compensation philosophy, this comprehensive approach keeps all participants engaged and well-informed about the overall compensation strategy, ultimately enhancing organizational cohesion and effectiveness in compensation management.