Save Time and Effort with Payfactors™ Compensation Platform
Payfactors™ provides cutting edge compensation data to help organizations price accurately against their talent market and the technology for organizations of all sizes to create more equitable and transparent pay practices.
Gain a competitive edge in a fierce talent market while building a more fair, equitable and transparent pay strategy
Market Pricing
- Price on the fly
- Integrate multiple data sources
- Develop multiple scenarios
- Collaborative market pricing
Pay Structures
- Build, edit & maintain structure
- Job-based ranges
- Grade based ranges
- What-if scenario sandbox
Survey Management & Participation
- House third-party survey data
- Use survey data for market pricing
- Streamline survey participation
Reporting & Analytics
- Report templates
- Tabular reporting
- Visualization
- Tableau integration
Pay Equity
- Uncontrolled analysis
- Controlled analysis
- Remediation modeling
- Fair pay check
Compensation Planning
- Compensation budgeting
- Compensation recommendations
- Planning guideline oversight
- Employee communication tools
Total Rewards Statements
- Custom templates
- Pay history
- Monetary and non-monetary value
- Employee distribution tools
Job Descriptions Management
- Job description templates
- Content library
- Approval workflows
- Semantic job matching
"It is innovative and cool. I feel good about the data. It is a new world, and I am impressed with the innovation."
- Classpass
"For some jobs, the data is continually changing, and it can be hard to get these recent changes from traditional surveys. We can always find a benchmark with Payfactors."
- Petsmart
"We were able to leverage our IT compensation data to attract and retain top talent."
- Kalispell Regional Healthcare
"We founded Angel City on the principle of pay equity. By locking arms with Payscale, we ensure that our organization adheres to a standard of equitable compensation"
- Angel City FC
"Payfactors provides an objective measuring stick for employee compensation, backed with hard data."
- Hitatchi Kokusai Electric Comark LLC
"Payfactors has helped us more easily realize where we have pay gaps and how we can align better to the market when pricing jobs."
- Smithfield Foods
Enhance your talent attraction and retention strategies with Payfactors™
Experience the Payfactors™ difference
Schedule a personalized demo
Partner with one of the world's leading compensation data providers
Payfactors™ offers cutting edge compensation data to help you price accurately, communicate pay effectively, and deliver a faster ROI for your organization.
Peer™
Access the most timely and transparent compensation data available to price accurately and effectively against your unique talent markets.
HR Market Analysis
Always find an answer for any job with this HR-reported dataset that combines top surveys, Payscale customer data, and data science.
Employee Reported
Stay on top of employee expectations and find data for unique skills and jobs with this employee-powered dataset.
Bring together the power of data and technology to quickly and easily make competitive pay decisions
Market Pricing
Leverage the power of market data, your unique competitive pay markets and user friendly technology to make data driven pay decisions that attract and retain top talent.
- Build competitive sets based on the companies you compete with for talent based on industry, size, and location.
- Answer job pricing requests quickly with a built-in data source and quick interface for pricing on the fly.
- Develop a variety of different pay scenarios in your own market pricing sandbox.
Drive consistency in your pay practices in a way that is easy to document and maintain
Pay Structures
Increase consistency in pay decisions that drive fair pay practices and prepare your organization for increased transparency.
- Set your organization up for consistency, equity and transparency using job based and/or grade-based ranges.
- Complete what-if scenarios for pay structures to understand impacts of potential changes.
- Build, edit and maintain grade-based ranges and/or job based ranges from a single location.
Increase efficiency and time spent participating in and managing the survey data you rely on
Survey Management & Participation
Access third party survey data along with Payscale data sources to make the best pay decisions for the specifics of your organization.
- Manage all third-party market surveys through a single location.
- Easily search for data across your entire survey collection.
- Streamline participation for your third-party market surveys.
Access the insights you need to quickly visually share important data throughout the business
Reporting & Analytics
Escalate key insights with an understanding of how compensation impacts the bottom line and your talent strategy .
- Create reports from all data including employees, jobs, pay markets and more.
- Easily access pre-built reports such as geographic differentials, salary structure, wage gaps and custom visualizations.
- Integration to Tableau allows for custom built visualizations and tabular reporting to meet your specific reporting needs.
Customer-driven
innovation
innovation
resources
Payfactors™ resources ensure that your product questions are answered. Our tools and guides are designed to help you easily navigate through the product.
sourced ideas
Share your real-world perspective with the Payfactors™ product team—from directly within the platform—to help inform and influence our future roadmap.
support
Connect and collaborate with a worldwide network of compensation pros. These dedicated experts can support your team at any stage of your journey.
See what the future of pay holds for your business
Learn how you can attract and retain better talent with Payfactors™.
Schedule a personalized demoPayfactors™ Makes Compensation Fair, Equitable and Efficient
Gain a competitive edge in a fierce talent market while building a more fair, equitable and transparent pay strategy
