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Great to know that we pay fairly AND well
July 13, 2018

Great to know that we pay fairly AND well

Anonymous | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User

Overall Satisfaction with PayScale Insight

PayScale Insight is used to track pay trends across the entire company. We also use it to view, on a high level, trends in compensation. We also use it to help set pay when we take on new employees. Each year, we run a bulk report, and then discuss who should have a pay adjustment in addition to whatever merit raise they may have earned.
  • Easy to read reports
  • Good visual displays
  • Easy to add extra duties and certifications to pinpoint a pay range
  • Some newer roles don't have data
  • PayScale helps us more objectively choose what to offer to new employees.
Both PayScale and Paycom were pretty comparable, but I liked the detail and sophistication of PayScale a little more. Because PayScale has a place to enter in info on both the job and the market, we went with this software. The other factor I took into consideration was that I was already using PayScale and didn't have to enter the entire company's data.
PayScale is great when you want to sync what the current pay rate is to what the market is indicating the trend of compensation is. It isn't the best for keeping all employee detail in the system. (It doesn't really help to add performance data in as that's also kept in our performance system, and multiple sections for scores can't be compared).