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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 PayParity?

Individuals seeking employment and investors are increasingly focusing on a company's commitment to diversity, equity, and inclusion initiatives. To safeguard your reputation and reduce the likelihood of legal disputes, it is crucial to emphasize transparency and establish robust action plans that lead to meaningful advancements. We provide a holistic DEI strategy that combines expert human insight with sophisticated tracking and analytics capabilities for ongoing assessment. Our pay equity software, paired with DEI supervision, lowers risks while encouraging a progressive approach to achieving your DEI goals. Furthermore, this all-inclusive solution not only aids in regulatory compliance but also significantly improves the overall culture within the workplace, fostering an environment where everyone feels valued and included. By prioritizing these efforts, companies can create a more equitable and dynamic workforce.

Media

Media

Integrations Supported

Hopkins
Namely
PeopleStrategy
SAP Store

Integrations Supported

Hopkins
Namely
PeopleStrategy
SAP Store

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

$39.00/month
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
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

Trusaic

Date Founded

1999

Company Location

United States

Company Website

trusaic.com/payparity/

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

Categories and Features

Compliance

Archiving & Retention
Artificial Intelligence (AI)
Audit Management
Compliance Tracking
Controls Testing
Environmental Compliance
FDA Compliance
HIPAA Compliance
ISO Compliance
Incident Management
OSHA Compliance
Risk Management
Sarbanes-Oxley Compliance
Surveys & Feedback
Version Control
Workflow / Process Automation

HR Compliance

Alerts / Notifications
Certifications Management
Communication Tools
Customizable HR Documents
Document Management
Records Management
Regulations Monitoring
Reporting / Analytics
Roles / Permissions
Version Control
Workflow Management

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