CompensationXL Software


 

CompensationXL is a cloud-based human resources (HR) solution. This product specializes in compensation management.

CompensationXL allows users to create workbooks, which they can access through a secure system. The system stores business rules, and the data is fed automatically to human resources information systems (HRIS).

In CompensationXL, users have access to manager self-service dashboards where they can make recommendations, approve actions and generate reports. The system helps users establish and maintain pay for performance strategies.

Users can upload their existing Excel workbooks into CompensationXL. Compensation processes in the system can be molded to fit users’ existing processes. Users are assigned a primary and secondary support person when they purchase the product. Compensation XL makes customized training videos for its clients.

CompensationXL is priced per employee per year. This product targets mid-market and enterprise organizations. It is available worldwide.

 

CompensationXL - Administrative menu
 
  • CompensationXL - Administrative menu
    Administrative menu
  • CompensationXL - Compensation reviews
    Compensation reviews
  • CompensationXL - Data import
    Data import
  • CompensationXL - Report files
    Report files
Supported Operating System(s):
Web browser (OS agnostic)

16 Reviews of CompensationXL

 

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Software Advice Reviews (1)
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Showing 1-1 of 1

Rebekah from Heitman LLC
Specialty: Other

February 2016

February 2016

Drastically cut down transaction time; New reports function invaluable

Ease-of-use

Functionality

Product Quality

Customer Support

Likes Best

This is my second compensation year using CompXL. After the initial year of implementation, the software cut down my year-end compensation process drastically. In previous years, I would be at the office until 10pm every night for weeks on end and would be meticulously searching for file linkage errors and missed updates. The worst part about distributing Excel files to each of your department leaders individually is how difficult it is to keep track of minor tweaks and adjustments made throughout the inevitable iterations of the compensation process. The software is completely customized to my own uniquely complicated incentive compensation structure at my firm, which I would not be able to find anywhere else to this great of detail.

My biggest qualms with the software in the first year was the lack of reporting/filtering capabilities. They have updated that this year and the reporting functionality is literally invaluable. While it might take a less tech-savvy person a while to get the hang of the configuration of reports, for someone like me (who can manipulate excel from an intermediate to advanced level), the new reports allow me the perfect amount of autonomy to configure as many complex reports as I'd like. My CEO requires 30+ reports a year, so semi-automating this process was crucial. This has made my life so much easier that the biggest issue is me being LESS meticulous and detail-oriented because I trust the program more.

Likes Least

The most obnoxious part is the uploading of employee data since I generally have many small, one-off adjustments to make that add up. You have to import it instead of tweaking it within the system.

The obvious worst part about CompXL is the user interface, which is...very excel-like. This isn't going to be like logging into ADP, or Ultipro, or SuccessFactors to do your compensation process. But what it lacks in the modern widget-designed HRIS, it makes up in functionality. You can do a LOT more in this program than you can in any of those programs, because you are basically only limited to the limitations of Excel--which are few.

Recommendations

Are you comfortable in excel? If you are, this program is perfect. Will make your life 100000x better. If you aren't very excel-literate, consider some more intuitive, but less functional software programs. All of my managers have found this program very easy to use and have enjoyed the efficiencies it has created. As a practitioner, I can imagine that this would be a little cumbersome to set up in the beginning for someone who isn't very tech savvy. That said, the implementation team can handle anything you ask them to do--I just prefer to do it myself.

 
 
 
Showing 1-15 of 15

MARY JO from EMMES
Number of employees: 501-1,000 employees Employees number: 501-1,000 employees

July 2017

July 2017

Customer from 2009 to 2015 with former company and implemented with new employer.

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
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Quality
Value for Money
Value
Support
Pros

Ease of use for managers and administrators, several report options, data dump very useful for administrators when reviewing overall increase information, and pdf statement printing.

Cons

Cannot have managers in approval process more than once. All employee increases must be recommended by their direct manager and approved by their Research Unit Leaders. RU Leaders report to the VP and the VPs have direct reports, so the straight line approval process in CompXL does not accommodate our "circular approval" requirements.

Source: Capterra
 

Marsha from Woodward, Inc.

December 2016

December 2016

Great customer support!

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

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Value
Support

This was my second year using CompensationXL and the staff supporting me at HCR is great. We use the software not only for year-end salary planning and awarding but for housing our complex global market structure as well. We haven't yet migrated to the most recent release and HCR continues to support us and help resolve whatever issues we faced this year which was mostly user error! When we needed something recorded or reprogrammed they got right on it and resolved the problem with haste. We haven't used CompensationXL to its fullest capability probably but whenever I called with challenges or issues, my reps were responsive, helpful and supported me in getting the job done. Even in the midst of Hurricane, my rep was on the phone with me concerned about my go-live the following week. Now THAT's customer service! I found the same level of service with my other rep my first year here and together they make a great team.

Source: Capterra
 

Nancy from Harbor Freight Tools

November 2016

November 2016

I wish I can give them more stars.

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Functionality

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Value for Money

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Value
Support

The product is good but the customer service is amazing!
Very responsive, Cindy and Mark can do whatever you ask them to do in a timely manner.
We are very satisfied with the CompXL and the entire HCR Software team.

Source: Capterra
 

Kathy from Anonymous
Number of employees: 1,001-5,000 employees Employees number: 1,001-5,000 employees

August 2016

August 2016

Great Product/Great Service

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

This has been a very positive experience for my company. I was looking for a tool that would eliminate the manual slicing & dicing of spreadsheets and CompXL was able to provide a product to accomplish this. This tool is now sued for several different processes (Performance Management Ratings, Bonus, Merit) down to providing communication statements to employees for incentives and increases. The support we receive is outstanding. Matt is extremely flexible and supportive of our needs. If you are looking for ways to streamline processes for annual cycles and you cannot afford to purchase other more expensive systems, then this is a great option. Affordable and easy to use.

Pros

Ease of use.

Cons

Would love to eliminate the export and import process and allow managers to enter directly in the system.

Source: Capterra
 

Elissa from Service Experts

February 2016

February 2016

Great Product, Easy to Implement and Even Easier to Use.

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Product Quality

Customer Support

Ease-of-use
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Support

CompXL saved our department hours of slicing and dicing spreadsheets, managing email approvals and workflow. Our end users found the system intuitive and easy to navigate. I appreciate the total flexibility of the system allowing us to utilize CompXL for many different and varied processes. The Implementation was fast and easy and customer support was superior.

Source: Capterra
 

Paulette from Arizona Chemical

January 2016

January 2016

This will be the 4th year

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Product Quality

Customer Support

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Support

Excellent overall, easy to use as a spreadsheet. Matt and Travis are very helpful, accessible and knowledgeable. Reporting could use a bit of work to be more flexible in what you can run from the tool

Source: Capterra
 

Jeffrey from Ralph Lauren

December 2015

December 2015

Overall great value in salary planning tool

Ease-of-use

Product Quality

Customer Support

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Support

We've been using CXL for 6 cycles now globally...very intuitive and flexible. Helped us clean up a messy process...planners troughout the organization really take to it...Great service, high recommend! Thanks HCR!

Source: Capterra
 

Doris from Walter Energy

December 2015

December 2015

My overall experience in using this software has been very positive.

Ease-of-use

Product Quality

Customer Support

Ease-of-use
Usability
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Quality
Support

The CompXL software is easy to use and can be configured to meet simple and complex requirements. The customer service aspect is also very good. Our representative is very responsive to our needs. I would not hesitate to recommend the CompXL software to other compensation/human resource professionals.

Source: Capterra
 

Mark from Institute for Defense Analyses

December 2015

December 2015

Enables managers to make strategic pay and performance decisions

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Product Quality

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Support

My organization has used CompXL for our annual performance review since 2009. Application has tools empowering managers to make sound decisions regarding pay, performance and budget.

Managers find CompXL easy to use and appreciate the analytical reports available to them with just a "click". We actually have managers eager to use CompXL each review cycle. Prior to CompXL the annual review process was a tedious paper pushing exercise -- now much more attention is focused on how to allocate review budget in a way which ties pay to performance.

Source: Capterra
 

Carrie from Hargray

December 2015

December 2015

Top-notch product & service!

Ease-of-use

Product Quality

Customer Support

Ease-of-use
Usability
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Quality
Support

I had been looking for a product for years that could move our excel-based comp sheets online and my prayers were answered! CompXL has met all of our needs and quite frankly might be the most-exciting single product I use as an HR professional. It is relatively easy to use and meets all of our needs. Matt Davis has been awesome to work with and has provided top-notch customer service every single set of the way. He is always extremely responsive and there for me when I need him, and in particular when I need his support the most when deadlines are closing in. Great, great, product that I highly recommend!

Source: Capterra
 

Stacy from Premier, Inc.

December 2015

December 2015

Our merit increase and bonus processing was streamlined and managers found it easy to use.

Ease-of-use

Product Quality

Customer Support

Ease-of-use
Usability
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Support

Pros - CompXL is an excel-based tool that our managers found intuitive when setting merit pay or processing bonus payouts and our compensation team could easily aggregate and load into our HRIS.
Cons - Separate stand alone tool.
We have used the tool for over 7 years with excellent technical support and beneficial enhancements that kept pace with our compensation needs.

Source: Capterra
 

Deanna from Cymer, LLC

December 2015

December 2015

Very easy to use, real-time updates makes it easy to adjust tool based on business needs

Ease-of-use

Product Quality

Customer Support

Ease-of-use
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Quality
Support

Overall, I really like the compensation tool and would recommend to others. Last year we used the tool for salary and bonus planning and this year we've added our Long Term Incentive planning to the tool. Ideally, I wish we would have synced up the data elements between the two planning periods for ease of using the same fields, nomenclature to allow for easier reporting, but I'll know that for next year. We are about to launch our 2nd year of salary/bonus planning and I am looking forward to working with this tool again. If you have an excel savvy HR Admin, then you can make most changes you need right in the tool. However, HCR can always make any adjustments you need in the event you're on a time crunch or don't have the technical skills to update on your own. I like the flexibility of who can control the tool and display of the spreadsheets. I would recommend knowing the process and the flow you want for approvals and what is displayed on communications and discuss with your Representative so that you can effectively map out your needs to avoid any re-work or duplicative effort. The customer service level provided is excellent and very responsive, I couldn't have asked for a better Technical Lead than who we have.

Source: Capterra
 

David from COG Operating LLC

January 2015

January 2015

Excellent Product

Ease-of-use

Product Quality

Customer Support

Ease-of-use
Usability
Product Quality
Quality
Support

CompXL has been an excellent solution for our compensation administration process. The managers find it easy to use and HR finds it a huge improvement to the cumbersome process.

Source: Capterra
 

Sandy from OpenText

February 2013

February 2013

OpenText Implementation of CompXL

Ease-of-use

Product Quality

Customer Support

Ease-of-use
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Support

I'd recommend the solution for small-mid size companies and even larger companies that continue to rely on Excel based processing for ad hoc reviews/programs - as this solution can significantly reduce the efforts in cutting & consolidating workbooks - along with a secure process for uploading & downloading. Easy to use and well-supported from a customer support perspective make it a win.

Pros

Quick implementation time, easy to support with few resources required, and greatly reduces the administrative effort. Snappy little tool that was well received by end users.

Cons

Not really able to interface with large enterprise apps but the exports and reports make for easy workarounds.

Source: Capterra
 

michelle

May 2011

May 2011

Best used by companies with more than 200 employees

Product Quality

Product Quality
Quality

For HR and compensation teams of companies with 200 or more employees, CXL offers a lot of perks. The one I found most appealing was the personal service that comes with the software solution. For example, Davis says that when a company signs on, an HRC/CXL team member is assigned to them and will handle all of their needs. A company does not have to deal with multiple people – as might be the case with bigger compensation solution providers. Full review at http://www.getapp.com/blog/compensationxl-review-a-flexible-and-affordable-alternative-to-painful-compensation-processes/

Pros

I was impressed with the fact that CXL will comport to the processes of the company rather than the other way around.

Cons

not for companies with less than 200 employees

Source: GetApp