CompAnalyst vs. Welcome

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

If you don't have a workflow management tool in place and are relying on email or shared documents, then I would recommend using Welcome to keep tasks moving and employees accountable. It's very flexible, so you can really drill down on what you're asking from users and it consolidates the tasks that you need to work on in one place. We don't use it for legal documents due to more specific requirements that those require, but, for most other collaborative work, it is used.

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

• I can see an overview of all my assigned tasks and if I need to take action now or in the future.
• The history tab gives a detailed overview of all action taken by everyone so far.
• You can really break tasks down into clear, specific steps leaving no room for guesswork or confusion.

Incentivized

• There are so many features that a streamlined wizard with quick overview reports would be nice as a starting point.

Incentivized

• For some tasks that don't require an article, we are forced to create one or the task doesn't function.
• When changes are tracked in Word docs they are not apparent until the file is downloaded meaning that if people are only previewing content, they will miss these changes/comments.
• Having 2 separate places to comment can be confusing and hiding resolved comments can mean less transparency in the process.

Incentivized

easy, self-explanatory

Incentivized

Account Managers are always available and responsive. Account Managers change frequently

Incentivized

The value proposition for CompAnalyst is greater than other compensation management software alternatives that we have evaluated. No other system offers the same capabilities and functionalities as the CompAnalyst platform. While some competitors offer unique features not found in the tool, CompAnalyst is always evaluating new offerings to enhance the site. Additionally, we have an awesome professional services team that really rounds out the experience.

Incentivized

• Positive- helped us avoid clients that are underpaying their folks.
• Positive- helped us educate clients so they can retain their folks and attract new talent.

Incentivized

• Employees can be resistant to using Welcome at first as they think it will add to their workload, but they, eventually, see the benefits of saving time and gaining efficiency.
• If one person is responsible for entering all tasks, it can be a fair bit of admin time for that person.
• We have a better working relationship with external agencies that also use Welcome to collaborate with us.

Incentivized