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What is Payfactors?

Gain the expertise and confidence necessary to accurately assess salaries utilizing current, validated compensation data alongside cutting-edge, AI-enhanced salary management tools. Revolutionize and simplify the compensation process with Payfactors, a powerful and flexible all-in-one solution suitable for any business environment. Improve your proficiency in salary management with Insight Lab, an intuitive and intelligent platform designed for building pay structures, managing merit increases, and ensuring pay equity. Our mission is to provide precise compensation by delivering reliable salary market data that is continually aligned with genuine data sources. Payscale's forward-thinking software solutions are designed and regularly updated to meet the changing pay challenges that today’s workforce encounters, promoting a more fair and transparent compensation framework. This dedication to innovation not only empowers organizations to handle the complexities of compensation but also helps them cultivate a culture of trust and fairness within their teams. By leveraging these advanced tools, companies can better attract and retain top talent while ensuring equitable pay practices.

What is Assessor Series HR Software?

The Salary Assessor from ERI incorporates a sophisticated salary calculator that significantly improves the process of compensation planning. Access valuable information on competitive pay ranges, compare employee salaries to industry benchmarks, and utilize employer-submitted compensation survey data with ease online. With our exclusive salary survey software, you can quickly generate detailed PDF reports and Excel sheets. Innovate by creating hybrid job roles that allow you to determine fair compensation for various titles based on insights from salary surveys. Manage complex compensation strategies from the planning phase all the way through the hiring process. Adjust salary figures according to variables such as individual experience, organizational revenue and assets, skill sets, educational qualifications, and certifications. Our state-of-the-art software provides the ability to explore a vast salary database, catering to the needs of compensation professionals. Additionally, uncover more features available through ERI’s Salary Platform that can enhance your compensation strategies. Furthermore, establish a market index by comparing the average salary derived from the survey with the actual compensation being offered in the marketplace. This comprehensive approach ensures informed decision-making in setting competitive salaries.

Media

Media

Integrations Supported

Hopkins
Namely
PeopleStrategy

Integrations Supported

API Availability

API Availability

Pricing Information

Pricing not provided
Free Trial Offered?

Pricing Information

Pricing not provided
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Online Training

Training Options

Documentation Hub
Webinars
Online Training

Company Facts

Organization Name

Payscale

Date Founded

2002

Company Location

United States

Company Website

www.payscale.com/products/software/payfactors/

Company Facts

Organization Name

ERI Economic Research Institute

Date Founded

1987

Company Location

United States

Company Website

www.erieri.com/salaryassessor

Categories and Features

Compensation Management

Compensation Assessment
Compensation Calculation
Compensation Plan Modeling
Compensation Statements

Pay Equity

Not specified

Salary Benchmarking

Not specified

Categories and Features

Human Resources

360 Degree Feedback
Compensation Management
Compliance Management
Employee Database
Performance Management
Time & Attendance Management

Popular Alternatives

Popular Alternatives

SalaryExpert Reviews & Ratings

SalaryExpert

ERI Economic Research Institute