HiBob is an HR management platform that provides features supporting talent management including onboarding administration and task management, payroll reporting and time tracking, and manager dashboard for tracking employee performance.
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PayScale MarketPay
Score 9.8 out of 10
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PayScale MarketPay is a compensation survey data aggregator that supports merit and structure modeling, report writer, and pricing wizard.
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Pricing
HiBob
PayScale MarketPay
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
HiBob
PayScale MarketPay
Free Trial
No
No
Free/Freemium Version
No
No
Premium Consulting/Integration Services
No
No
Entry-level Setup Fee
No setup fee
No setup fee
Additional Details
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More Pricing Information
Community Pulse
HiBob
PayScale MarketPay
Features
HiBob
PayScale MarketPay
Human Resource Management
Comparison of Human Resource Management features of Product A and Product B
HiBob
9.5
Ratings
19% above category average
PayScale MarketPay
-
Ratings
Employee demographic data
10.00 Ratings
00 Ratings
Employment history
9.60 Ratings
00 Ratings
Job profiles and administration
9.60 Ratings
00 Ratings
Workflow for transfers, promotions, pay raises, etc.
9.10 Ratings
00 Ratings
Organizational charting
9.80 Ratings
00 Ratings
Organization and location management
9.80 Ratings
00 Ratings
Compliance data (COBRA, OSHA, etc.)
8.60 Ratings
00 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
HiBob
8.3
Ratings
4% above category average
PayScale MarketPay
-
Ratings
Pay calculation
7.70 Ratings
00 Ratings
Support for external payroll vendors
9.40 Ratings
00 Ratings
Salary revision and increment management
7.90 Ratings
00 Ratings
Leave and Attendance Management
Comparison of Leave and Attendance Management features of Product A and Product B
HiBob
8.3
Ratings
4% above category average
PayScale MarketPay
-
Ratings
Approval workflow
9.00 Ratings
00 Ratings
Balance details
7.70 Ratings
00 Ratings
Annual carry-forward and encashment
8.10 Ratings
00 Ratings
Employee Self Service
Comparison of Employee Self Service features of Product A and Product B
HiBob
8.8
Ratings
9% above category average
PayScale MarketPay
-
Ratings
View and generate pay and benefit information
8.90 Ratings
00 Ratings
Update personal information
9.20 Ratings
00 Ratings
View company policy documentation
8.70 Ratings
00 Ratings
Employee recognition
7.70 Ratings
00 Ratings
View job history
9.50 Ratings
00 Ratings
HR Reporting
Comparison of HR Reporting features of Product A and Product B
HiBob
7.8
Ratings
4% above category average
PayScale MarketPay
-
Ratings
Report builder
9.10 Ratings
00 Ratings
Pre-built reports
6.80 Ratings
00 Ratings
Ability to combine HR data with external data
7.60 Ratings
00 Ratings
Performance and Goals
Comparison of Performance and Goals features of Product A and Product B
HiBob
7.8
Ratings
2% below category average
PayScale MarketPay
-
Ratings
Corporate goal setting
8.30 Ratings
00 Ratings
Individual goal setting
8.10 Ratings
00 Ratings
Line-of sight-visibility
6.80 Ratings
00 Ratings
Performance tracking
8.00 Ratings
00 Ratings
Performance Management
Comparison of Performance Management features of Product A and Product B
The system is very well suited for the stage we are at as a company. We did a lot via Excel and old processes, but once we hit the 100-person mark, our work would have been challenging to execute without Hibob. We eliminated 3 systems by consolidating to the one Hibob system - it was almost a cost-neutral swap for us.
If you have someone in your organization well-versed in compensation and compensation analysis, PS MP is a great fit and they will be able to onboard and leverage it very quickly. Moreover, if you have roles within your organization that are fairly standard and akin to similar roles in other organizations, you will get a lot out of the majority of matches that PS MP suggests. However, if you've made your roles a little bit more nuanced or "outside of the box" you may have difficulty finding a sufficient match and have to make concessions. If you are in a region where PS MP might not provide enough data, you may need to do a bit of extra leg-work and analysis on your own to settle on where your pay ranges and the like should be. Given the cost of PS MP, it's worth considering based on your workforce and your commitment to compensation analysis and the conversations around it whether it's truly going to provide adequate ROI.
Detailed view of the market rates for roles within the organization provides the ability to pay our employees at our chosen rate with confidence.
Updated data to ensure that we are keeping pace--you're not stuck with outdated data that some annual salary surveys provide.
The market available for analysis are robust, and we're not simply looking at a single city, region, or country. You can usually get as grand or as granular as you like in reviewing available data.
Tasks - For something like onboarding, I wish there was a way to set up the tasks so that the person setting up the employee profile would be the only person to get the assigned tasks. It's hard to describe but for example, if there are multiple on-boarders on the team, is there a way to set up the tasks so that technically every on-boarder would be assigned to the task, but the person setting up the profile is the one that triggers the task for themselves.
Reports - I find pulling reports a bit complicated, especially if I am asked to pull data that involves info being located in different areas of an employee profile. For example, for a couple of months, I thought it was impossible to pull a variable pay report along with the base salary (in one report rather than pull two separate reports) only to find out that you can do that via the Total Compensation report. Also when I have to pull data for headcount since a certain day, I wish you can make the settings so that data can appear after a certain day, rather than sorting it manually via Excel/Google sheets.
Timesheet - I love the functionality of the timesheet that hibob provided, but I also wish they included an option where people can set up predicted work schedules for future dates. Currently, the timesheets are ideals for scenarios where employees time in and out of work.
There is a bit of a learning curve--if you're looking to get others involved who are not fluent in compensation data and analysis, it can be complicated and involved. It could benefit from additional tips and walkthroughs for newer users outside of the support that PayScale provides through your designated PS employee/account manager.
Being a Canadian company, the data isn't always as robust as it is for American companies. Larger cities are almost always represented and while you can often get data for the smaller areas, the data is not sufficient enough to always provide the best confidence (e.g. 5.0 reports vs. lower rated ones).
It does not work for every job, and you may find that you need to stretch definitions a bit as you may have roles that don't fix the exact mold that they are closest to in PayScale. This is especially true in insurance, where the role of underwriter or claims adjuster may differ significantly based on the organization's business.
We will without a doubt be continuing to use Hibob, it is convenient, being engaged with and great value for money. A one stop shop for all things HR related to keep policies and safe financial information has been so beneficial to the business meaning less risk to GDPR breaches and somewhere for employees to refer back to in future has been invaluable
It's a solid HRIS system, it's user friendly to employees and employers, but they've changed the user interface 2 times now in the last 2.5 years, so having to find where certain things are after the change can be tedious
A lot of support is self-service from the users themselves, via a guide hosted on HiBob's website. I have found the guide helpful 10% of the time when I needed support. The support team is quite quick to reply, but not everyone is helpful unfortunately, and in many cases a lot of emails, messages and back and forth were needed to get to the bottom of an issue. When I pointed out that a video call would be a quicker way to tell people "this is how it's done", I was told that it's not the way they deliver support. I had to beg our account managers for a video chat with some skilled users to show me how to do certain things that (a) were nowhere to be found on the guide, and (b) the support team wasn't able to solve. Additionally, to find solutions, I was pointed to a forum where other users exchange tips on how they managed to solve problems - again, not really helpful as I would like to know this from Bob's team themselves since we're paying for the product, and I shouldn't rely on other users to tell me how they managed their way around a problem
Support is great as PayScale provides you with a dedicated staff member similar to Account Manager that helps ensure you stay on track and you get what you need out of the product. Additionally, onboarding support is provided where needed, and you never feel as though you're not close to the support you need. PayScale support is great!
HiBob balances functionality, usability, pricing and client control to a much greater level than other systems. Enterprise systems such as SAP and Oracle offer greater functionality but at a much greater cost. Similar offerings from BambooHR, Dayforce and Workday are lacking in their functionality, user experience, pricing or customizability. Overall, the Customer Support experience with HiBob is now, and always has been out of this world in terms of response times, helpfulness and a strong willingness to adapt to the client requirements in terms of feature implementation and roadmapping.
We haven't used any similar products, as the organization previously relied on salary surveys completed within a group of similar companies and market surveys. The downside of such surveys was the limited or not relevant datasets and the timing of them as they did not keep pace with the market and were always essentially 6-12 months behind the curve.
Our HR Coordinator is the main administrator and is the go-to for all thing Bob. This has freed up time for me (VP) and for our HR Manager to spend time on strategy and implementation of employee experience programs. Before HiBob, our HR Manager spent approximately 20% of her time on administrative items that Bob takes care of in minutes and I would have spent around 10% of my time on Performance Management. We invest around $20k in HiBob, but it has saved us approximately $45k in time. So, an ROI of $25,000.
Positive: Ability to better understand where our pay is relative to the market and ensure that we are paying competitively and attracting the best possible talent.
Positive: We can have more informed compensation conversations with staff about their pay and why we pay the way we do. We can define our compensation philosophy and build a plan to move forward and ensure we keep staff informed.
Neutral Impact: While PS MP can be robust for certain jobs, using it as a unified platform within the organization is not without its challenges as some jobs just don't quite fit the data provided and we need to make some concessions. While there are benefits to the data, the additional work and less confidence makes those benefits a bit of a wash in the end.
Negative: There has been no negative impact of using PS MP overall to this point.