HRsoft Compensation Management

RATING:

4.8

(51)

About HRsoft Compensation Management

With an industry-leading, purpose built platform for compensation lifecycle management, HRSoft brings the power and business impact of digital transformation to the least automated process in HR. HRSoft's Compensation Management brings all disparate compensation-related data into a single unified system with the right level of transparency to stakeholders across your organization and adjacent HR systems. - Systematically guide, control and simplify the calculation and allocation of merit, bonus and equity awards that drive employee engagement, performance and retention - Avoid compensation chaos by designing, approving, executing and measuring even the most complex compensation strategies - Define, oversee and control the entire compensation lifecycle, from budget ...

HRsoft Compensation Management Pricing

Pricing is available on inquiry.

Starting price: 

$1.00 per year

Free trial: 

Not Available

Free version: 

Not Available

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HRsoft Compensation Management Reviews

Overall Rating

4.8

Ratings Breakdown

Secondary Ratings

Ease-of-use

4.5

Customer Support

5

Value for money

4.5

Functionality

4.5

Most Helpful Reviews for HRsoft Compensation Management

1 - 5 of 51 Reviews

User Profile

Britta H.

Verified reviewer

Hospital & Health Care, 501-1,000 employees

Used less than 12 months

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed April 2018

Our recent implementation went smoothly thanks to our excellent support team.

PROS

HRSoft COMPview enables us to support our business through building advanced rules and calculations not available in our HRIS. We were able to build interfaces between our HRIS and HRSoft to ensure the data populated in the planning tool was mapped properly. We also built reports to support seamless payroll processing for our annual bonus payments. Our support team was incredibly knowledgeable and supportive throughout the entire process.

CONS

Some features are hardcoded into the HRSoft COMPview tool which may require some creative resolution. The HRSoft team was extremely accommodating and always kept our business needs in mind. Also, post-implementation, we held a post-mortem and HRSoft listened to our feedback for improvements which may be adopted in future releases.

Eric

Health, Wellness and Fitness, 10,000+ employees

Used monthly for more than 2 years

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed April 2024

HRSoft Review

We are very happy with HRSoft. Their implementation and support staff are great to work with and they've been awesome partners with our highly customized configuration. They are incredibly knowledgeable about everything with the tool, and if something isn't initially feasibly they will work to find a solution.

PROS

The User Interface of HRSoft is great. It's incredibly easy to navigate. Inputs are easily tracked and are obvious for end users. Once configured, the data imports are clean and work consistently. The tool is highly customizable with support from the HRSoft team. The implementation team is always open to brainstorming and assisting with any customization that you might require.

CONS

Budget configurations can be challenging fi you're looking for highly customized budgets. The team is great at discussing options and finding a solution. I am unaware of a way to automate exports data out of the tool, so all exports have to be kicked off by humans.

Reasons for switching to HRsoft Compensation Management

Workday was too rigid and did not allow us to customize.

Anonymous

10,000+ employees

Used daily for more than 2 years

Review Source: Capterra

OVERALL RATING:

3

EASE OF USE

3

VALUE FOR MONEY

4

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed February 2020

CompTrak Review

- Highly customized application to support employee variable compensation planning and allocation. - Excellent support and flexible professional services

PROS

- function rich - highly customized - ease of use

CONS

- error handling is a bit weak - not enough information cross checking and validation - error messaging is a bit weak

Shiran

Financial Services, 1,001-5,000 employees

Used weekly for less than 12 months

Review Source: Capterra

OVERALL RATING:

4

EASE OF USE

4

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed June 2024

HRSoft Review

Very good, we are still configuring our bonuses and LTI.

PROS

Configuration options, support team has been great

CONS

Unable to key in new annual or hourly rate - just percentage or dollar changes.

Reason for choosing HRsoft Compensation Management

It had better reporting / visuals. CompXL looked more like just excel online, which could have worked but did not cover all of our wish list.

Reasons for switching to HRsoft Compensation Management

UKG Pro did not allow us to track deferred compensation in the way we need to track

Stefan

Consumer Electronics, 1,001-5,000 employees

Used daily for less than 6 months

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed June 2024

Excellent system

Wonderful support and successful implementation.

PROS

Ability to handle international budgets. Ease of use. Great support. Ability to customize.

CONS

no ability to enter same bonus percentage for a group of employees with a quick one entry option.

Reason for choosing HRsoft Compensation Management

HR SOft's ability to handle international budgets