An Excellent Compensation Management Solution
August 27, 2020

An Excellent Compensation Management Solution

Shaun Drawdy | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with CompAnalyst

Our organization uses CompAnalyst across the enterprise. The system houses all of our market composites, salary surveys, internal job information, employee data, and job descriptions. Our HR Partners have access to CompAnalyst to search for and export job descriptions and other compensation data. CompAnalyst has allowed our organization to create a "one stop shop" for compensation management, and the software has reduced the amount of time we spend on survey management while increasing the amount of time we can spend providing strategic direction to the business.
  • CompAnalyst's Job Architect revolutionizes job description management. The job description process lives within the software from conception through completion. Workflows allow job descriptions to be edited and reviewed by users and non-users throughout the organization, and you can search for related tasks and responsibilities within Job Architect.
  • Our Customer Success Manager and Professional Services Consultant are responsive, knowledgeable, and available to address our questions and concerns. Having a dedicated team of compensation experts helps us have the best possible experience.
  • As one of the first compensation management software solutions in the market, CompAnalyst excels in managing survey data and market composites. The system is intuitive and user-friendly, and the development team is always looking for new ways to enhance system functionalities.
  • I would like to see additional customization options in the software's application widgets.
  • Some competitors offer the ability for customers to see real-time pay data from their customer base. This is a feature I would like to see in CompAnalyst.
  • Some user interfaces in the software still need to be updated, but the team is doing an excellent job rolling out new features and updating the tool.
  • We have eliminated the need to have internal IT support for the tool since CompAnalyst hosts the software.
  • We have reduced the amount of time spent on survey administration since the software can generate survey submissions.
  • By having CompAnalyst, we estimate that we are able to reduce our headcount by .5 FTE.
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.
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.

Do you think CompAnalyst delivers good value for the price?

Yes

Are you happy with CompAnalyst's feature set?

Yes

Did CompAnalyst live up to sales and marketing promises?

Yes

Did implementation of CompAnalyst go as expected?

Yes

Would you buy CompAnalyst again?

Yes

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.