TalentComp

RATING:

4.7

(27)

About TalentComp

TalentComp is a standalone compensation management solution suitable for businesses of all sizes. It can be deployed as a cloud-based or on-premise solution. TalentComp tracks employee compensation and performance history. Information can also be aggregated from any payroll or HRIS system. The system displays summary pool information for raises and bonuses, and it includes the ability to manage multiple currencies, companies and languages. All increases and recommendations are routed electronically, so supervisors can approve, make changes or return to managers for adjustment. Managers and administrators can review a variety of real-time statistics such as completion percentages, as well as summaries detailing how total amounts are allocated for merit, promoti...
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TalentComp Reviews

Overall Rating

4.7

Ratings Breakdown

Secondary Ratings

Ease-of-use

4.5

Customer Support

4.5

Value for money

5

Functionality

4.5

Most Helpful Reviews for TalentComp

1 - 5 of 27 Reviews

User Profile

Eileen

Verified reviewer

Management Consulting, 501-1,000 employees

Used monthly for less than 6 months

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed August 2023

Very intuitive system

The overall experience was positive. When needed we pulled in the president to get things resolved in time for our implementation. Running our salary planning for the first time this year went surprisingly smoothly, thanks to the partnership in implementation.

PROS

We looked at several systems to meet our global compensation planning needs and we felt TalentComp was the best fit. Not only does it accommodate salary planning in 12 countries, it is intuitive and allows managers to export their information to do their modeling offline and import it back into TalentComp, something they could not do with our prior system. Also, they can pull the comp statements at any time.

CONS

We had a lot of back and forth during set up with many things that should have been addressed up front. We also had to rework the comp statement several times with the implementation team to get it into the format we wanted because we could not modify it ourselves.

Reason for choosing TalentComp

TalentComp met all of our requirements, is very intuitive and cost-effective.

Reasons for switching to TalentComp

Halogen is a bit clunky for compensation planning, not as intuitive as TalentComp. Also, if managers don't print or save the comp statement when they first see it, it disappears, which is a crazy feature.

Alisa

Logistics and Supply Chain, 5,001-10,000 employees

Used daily for more than 2 years

Review Source: Capterra
This reviewer was invited by the software vendor to submit an honest review.

OVERALL RATING:

4

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed June 2020

Great experience with TalentComp!

PROS

Software is extremely flexible, support team is top notch and is available around the clock.

CONS

As with any software, there can be limitations of functionality, even with development work.

Reasons for switching to TalentComp

Previous software did not facilitate multi-currency, multi-country merit cycles without an enormous amount of configuration work and general functionality was too rigid limiting the end user experience.

Jacque

Information Technology and Services, 501-1,000 employees

Used monthly for more than 2 years

Review Source: Capterra

OVERALL RATING:

3

EASE OF USE

3

VALUE FOR MONEY

4

CUSTOMER SUPPORT

3

FUNCTIONALITY

1

Reviewed August 2023

Good for small organizations

PROS

It's relatively easy to use and it is less expensive than others -b but you pay for what you get. Our organization has started to outgrow TC and it's capabilities which is making it harder to manage our merit cycle

CONS

It's not synced to our HRIS, everything is manual and there is very little customization and features (to able to handle promotions directly in the tool)

Vendor Response

Thanks so much for your feedback. I'm going to have someone reach out to you to review all your needs. We can accommodate everything you mentioned. We have existing API connections with BambooHR and UKG and have simple automated sftp setups for any other HRIS. We also have a great deal of customization available, but promotions are a standard feature in TalentComp so we can assist with setting that up for you right away. As far as scalability, our average customer size is 2,500 employees, and our largest current customer has over 18,000 employees. We should be able grow with your company and add whatever functionality you need.

Replied August 2023

Cindy

Oil & Energy, 201-500 employees

Used more than 2 years

Review Source: Capterra

OVERALL RATING:

4

EASE OF USE

4

VALUE FOR MONEY

4

CUSTOMER SUPPORT

3

FUNCTIONALITY

4

Reviewed March 2021

Compensation Module

Very happy with the product, our managers feels it provides efficiencies in our annual performance cycle and compensation planning cycles

PROS

Easy to use, very customizable based on your business needs.

CONS

The annual process is a bit cumbersome to relaunch the tool.

Reason for choosing TalentComp

We were looking for something affordable and easily customizable

Vendor Response

Thank you so much for your feedback. We're happy to hear that TalentComp is working well for you and your managers. We have a new release coming out in Spring 2021 with our new QuickStart admin self-service interface to make the process of re-launching each cycle extremely easy.

Replied March 2021

Dieter

Marketing and Advertising, 1,001-5,000 employees

Used daily for less than 2 years

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed March 2023

Easy to use, easy to administer, easy to improve and grow with

Regularly stunned and happy. The reports and custom features are a big win.

PROS

The team behind the software really make this a win for me. Version 1 met our needs, and V2 comes out and blows off our socks, then it has a few tweaks needed and the team hops to it. Love the customer service and tool flexibility to our needs.

CONS

It would be handy to have a more influential role from CWS- I am coming to you with my problems, asks, requests, and your team is incredibly helpful and responding.It is like a white water ride, where everything is fast and I glance a tree as we go along, and there is a rock over there, but don't look too long because here comes the rapids again. It would be great to have a 'meta' review of what features are not being used, and how they could simplify or improve. We did not use 'preferred currency' and it would have been the right thing to do, but I didn't ask and it went by so quick I never really saw it or appreciated it. If someone at CWS did a performance audit to show how it can be even better, that would be well received.

Reason for choosing TalentComp

Persuasive selling team.

Vendor Response

Thank you for the review! We're thrilled to hear that you like the latest version of TalentComp and that our dedication to customer service has been helpful to you. We totally get that the number of features in TalentComp can be rather daunting. Our implementation approach is to configure TalentComp to your specific needs rather than dump a list of hundreds of features for you to sift through and choose from. Just ask us if a feature exists and we think you'll find the answer is YES! Of course, we're happy to reach out to schedule a performance audit. As for preferred currency, it's always on. We just defaulted your manager's view to CAD and hid the menu item for users to change it. We can turn the menu back on anytime.

Replied March 2023