CompAnalyst vs. Parrot Analytics

I highly recommend considering CompAnalyst if you're looking to take your compensation function to the next level. If you're looking to create a "one stop shop" for your compensation needs, then this is the software for you. You can easily manage job descriptions and survey data, and you can empower your HR teams to find information in the tool by giving them access to specific areas of the site. The system can be configured to fit the needs of your organization

Incentivized

It is well suited for products where there are a lot of users at scale performing and interacting with the platform. Also where businesses need to take informed decisions based on mass users performing actions at scale. Therefore demand analytics tools like Parrot can be a real boon for such businesses. It is less appropriate for those who are not having users at that scale. Scale is very important I believe and analytics can be even more powerful once we have a lot of data on our hands.

Incentivized

• It allows us to benchmark our internal comp structure and design effective comp ranges.
• CompAnalyst allows us to benchmark our internal compensation with others in our industry.
• Allows us to market our comp ranges within a region, or across the US.
• Most of our job titles can be found within CompAnalyst.

Incentivized

• In-depth Demand Analytics of core features.
• Proper recommendations of features.
• Popularity tracking of the core data that we have and mapping with users.

Incentivized

• the user interface is not very intuitive, takes some time to get used to
• do not like the default to national rates unless you check it off

Incentivized

• Audience behaviour dataset can be improved.
• Demand tracking for features can have more metrics to get even more granular.

Incentivized

It could be a little more user friendly but once you get used to it it is fine. I love having a tool at my disposal that is current and accurate. I also like the fact that it keeps adding jobs and creates an broad database across multiple industries and even within industries to compare "apples to apples"

Incentivized

Our Professional Services Consultant and Customer Success Manager are always available to answer our questions. If I have a compensation-related question, they will find the answer for us. They take our product feedback seriously, and the team has implemented a few of our requested features in the system. Their Vice President of Product Management is always open to receiving feedback, and CompAnalyst is always reaching out to customers to demo and test new product offerings.

Incentivized

CompAnalyst gives me bang for my buck. It can get data other surveys may miss. It is easy to use and understand.

Incentivized

• Allowed us to put together global grades
• Helps us quickly update ranges during merit
• makes sure we have the latest data for jobs

Incentivized

• We were able to capture data metrics by almost 25% more as compared to another analytics tool we previously used.
• Recommendations of new data grew by at least 15%.

Incentivized