BalancedComp 2026: Benefits, Features & Pricing

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On this page

Overview
Pricing and Plans
Features
User Reviews

Overview

BalancedComp

4.8

(86)

Pricing

Pricing available upon request

About BalancedComp

Designed for financial institutions, BalancedComp is a cloud-based solution that helps streamline compensation management through trend analysis, budget frameworks, salary planning, employee directory and performance tracking. Key features include e-signatures, financial reports, data import, custom templates, commenting, data dashboards and event management.

BalancedComp offers a custom reporting function that allows human resources (HR) managers to determine employee salary ranges through market trends, minority status, performance reports, grade, gender, location, job classification and more. The platform enables recruiters to generate appraisal letters, plan budget scenarios, develop job descriptions and ensure pay parity. Additionally, it helps managers streamline internal communications and conduct feedback sessions. The platform also extends customer support through chat and phone.

BalancedComp Screenshots

BalancedComp Pricing and Plans

Starting price: Connect with an advisor for pricing

Free Trial

Free Version

Basic

Pricing available upon request

No plan information available

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BalancedComp Features

Popular features found in Compensation Management
Approval Process Control
Benefits Management
Bonus Management
Compensation Statements
Employee Database
Employee Reward Programs
Payroll Management
Performance Management
Reporting/Analytics
Salary Planning
More features of BalancedComp
Activity Dashboard
Alerts/Notifications
Benchmarking
Budget Management
Compensation Plan Modeling
Customizable Reports
Customizable Templates
Data Import/Export
Document Management
Employee Management
Employee Portal
Goal Setting/Tracking
Incentive Management
Market Data Analysis
Real-Time Data
Reminders
Role-Based Permissions
Workflow Management

BalancedComp User Reviews

Overall Rating

4.8

Ratings Breakdown

80%

17%

Secondary Ratings

Ease of Use

4.7

Value for money

4.7

Customer support

4.8

Functionality

4.5

Theresa C.

Verified reviewer

Banking

51-200 employees

Used daily for less than 2 years

Reviewed March 2025

Great Resource.

I am very pleased with BalancedComp. The support team is very responsive and easy to work with. Performance management is a great tool.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Support and the ability to compare the market salaries.

Cons:

I would like to be able to upload my job descriptions so that creating a new role would be easier.

Juan C.

Verified reviewer

Financial Services

51-200 employees

Used monthly for less than 12 months

Reviewed March 2025

Need a support line

For the most part, this is a sound system. There is room to make improvements, but I'm not sure we can wait for the improvements we need.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

the ease of updating and creating positions

Cons:

There is no support line to call. Sending a ticket and not knowing if it has been reviewed or what its status is. There is no place on the admin page to see your support ticket. There is no confirmation email with a ticket number. There is just the chat that says a ticket has been created. I am not a fan.

Reasons for choosing BalancedComp

the budget page to help with setting the years overall budget. Creating a position and verify against the market.

Vendor Response

Hey Juan! Thanks so much for taking the time to share this feedback — you raised some great points. We don’t have a dedicated support line on purpose. Instead of filtering you through multiple tiers of support, we want clients to call our main line (316-927-2668) and reach a seasoned consultant immediately who knows the product inside and out and can solve the problem right then and there. On the ticket side, you’re absolutely right that we could improve communication. We’ve focused on providing a same-day response and resolving tickets within 48 hours (which has worked well for most clients with a 98% satisfaction rate), but adding a confirmation email with a ticket number is an easy fix — we’ll make that happen. We're also looking into adding a way to view your previous tickets and their status from within the app. Thanks again for the thoughtful feedback. We’re always looking for ways to improve, and this kind of insight really helps us fine-tune the experience.

Replied March 2025

Verified

Reviewer

Banking

51-200 employees

Used weekly for more than 2 years

Review source

Reviewed February 2019

BalancedComp Review

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

The whole system is user friendly. That pertains to whether you are setting up new position, reviewing employee information or running reports.

Cons:

There is nothing that I dislike about the BalancedComp system.

April M.

Verified reviewer

Banking

51-200 employees

Used weekly for more than 2 years

Reviewed March 2025

Comp experts a phone call away

Working with BalancedComp has been a game-changer for our organization. Their expertise in creating a tailored compensation strategy helps us retain our top talent and attract new, high-caliber individuals. Their data-driven approach ensures we stay competitive in the market. I highly recommend BalancedComp for any financial institution looking to optimize its compensation strategy!

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

The people and the service they provide. I love how my relationship manager guides me through the process. She understands our business, has experience to draw upon, and helps me create conversations to have with our leadership team and employees.

Cons:

I wish I could integrate this with our payroll system. Our payroll system won't allow it.

Reasons for choosing BalancedComp

Ease of use, referral from a reputable source

Karen W.

Verified reviewer

Financial Services

51-200 employees

Used monthly for less than 2 years

Reviewed March 2025

BalancedComp wins with topnotch client support

The best thing about BalancedComp is the support! Every experience I've had with their team has been positive and productive. They offer ongoing training, which is so helpful when it's time to develop an annual compensation budget. I 100% recommend them if you in the market for a compensation vendor.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

We moved from a compensation competitor to BalancedComp a few years ago. BalancedComp's user interface is superior in all ways. The website is easy to navigate and customize. The compensation range recommendations are more aligned with our markets and the reports are easy to understand.

Cons:

I haven't found anything yet. They are very responsive to client suggestions and one or two of my ideas have shown up during product updates.

Reasons for switching to BalancedComp

Lack of support and impression that the salary ranges weren't accurate for our regions.

Doris P.

Verified reviewer

Banking

51-200 employees

Used monthly for less than 12 months

Reviewed March 2025

Extremely Satisfied

My experience has been awesome. [sensitive content hidden] is great to work with, she takes the time to explain the features of the compensation tool and walks you through step by step. I can't say enough about Balanced Comp and their awesome Team. Kudos to the Developers for creating such a great tool.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

The system is so user friendly. The Balanced Comp Team are amazing to work with. They are very knowledgeable, patient, and supportive. The tool has everything you could think of to ease the compensation experience.

Cons:

Can't think of any cons except that I wish I had known about them sooner. It would have saved a lot of time and energy.

Reasons for choosing BalancedComp

Great compensation tool, customer support and user friendly.

Carrie H.

Verified reviewer

Banking

51-200 employees

Used daily for less than 2 years

Reviewed March 2025

Comp at your fingertips

We are pleased overall with BalancedComp. [sensitive content hidden] is knowledgeable, personable, and helpful and the system itself is set up well and user-friendly.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Ease of use and responsive, helpful team.

Cons:

BalancedComp does not accept feeds from any payroll/HRIS systems, so the data update process is manual.

Reasons for choosing BalancedComp

I like the smaller size of the company and that you specialize in the financial industry.

Keith P.

Verified reviewer

Banking

51-200 employees

Used monthly for more than 2 years

Reviewed March 2025

Highly Recommended

We have been using it for 7 years now and I don't think we would even think of switching vendors as we are extremely satisfied with this product.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

The ease of use. It is a very simple system to administer and is also extremely easy for the end user. The system just makes sense, and the support team is fantastic! We also love the holiday themes and funny little sayings. It's the little things in life!

Cons:

We wish you could have multiple types of plans for employees at the same time. For example, have a 90 day review for a new hire set up at the same time as the annual review (which we make available to start making comments in March).

Reasons for choosing BalancedComp

It had everything we were looking for, and your team seemed like a good a fit for WSB.

Mark I.

Verified reviewer

Banking

51-200 employees

Used weekly for more than 2 years

Reviewed March 2025

Recommend BalancedComp

Implementation was very easy and a great thing for our company. We have been with BalancedComp now for almost 3 years and find it very valuable.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

The system is very user friendly. Having an import is also one of the many pros. All of the staff at BalancedComp is very friendly and great to work with.

Cons:

It's hard to think of any cons. I would say none.

Reasons for choosing BalancedComp

Focused on the banking industry and that really helped us.

Kristen S.

Verified reviewer

Financial Services

51-200 employees

Used weekly for less than 12 months

Reviewed March 2025

Excellent company!