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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 FocalReview?

FocalReview®, the premier tool from SpiraLink, enhances the management of both compensation planning and performance processes effectively. This innovative platform enables the oversight of stock, bonus, and salary plans across various timeframes tailored to different employee groups. Additionally, it accommodates multiple languages and currencies, ensuring a global reach. HR teams are empowered to budget, recommend, analyze, and approve all aspects of compensation seamlessly, even when multiple management organizations are engaged. By aligning your business strategy with compensation practices, you can better synchronize employee performance with workforce rewards. Serving as a role-based and highly customizable compensation management module, FocalReview® assists in balancing merit increases, lump sum adjustments, promotions, and bonuses proficiently. Furthermore, it offers flexible payment options in various languages, currencies, and pay frequencies, including hourly and annual salaries, making it a versatile solution for any organization. With FocalReview®, companies can optimize their compensation strategies to drive employee engagement and performance.

Media

Media

Integrations Supported

Hopkins
Namely
PeopleStrategy

Integrations Supported

ADP Workforce Now
BambooHR
NetSuite
Paylocity
Rippling
SAP SuccessFactors
Sage 300
UKG Pro
Workday HCM

API Availability

API Availability

Has API

Pricing Information

Pricing not provided
Free Trial Offered?

Pricing Information

$25.00/employee/year
Price is dependent on number of total employees - the more employees, the less per employee per year.
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
Online Training
On-Site 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

SpiraLinks Corporation

Date Founded

1993

Company Location

United States

Company Website

www.spiralinks.com/solutions/focal-review/

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

Compensation Management

Bonus Management
Compensation Assessment
Compensation Calculation
Compensation Plan Modeling
Compensation Statements
Employee Reward Programs
Incentive Programs
Organizational Charting
Salary Planning

Employee Engagement

Benchmarking
Feedback Management
Goal Management
Performance Management
Pulse Surveys

Employee Recognition

Goals
Performance Management

HR Analytics

Compensation Plan Modeling
Dashboard
Trend Analysis

Human Resources

360 Degree Feedback
Compensation Management
Performance Management

Performance Management

360 Degree Feedback
Compensation Management
Custom Rating Scales
Customizable Templates
Individual Development Plans
On-going Performance Tracking
Peer Appraisals
Review Cycle Tracking
Self Service Portal
Self-Appraisals
Skills Assessments
Weighted Performance Measures

Sales Compensation

Not specified

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