#1 most frequent
United States of America
88.1%178 installations of 202
What is CompAnalyst?
CompAnalyst is a compensation management software product from Salary.com. It includes survey data management, a job description builder, access to the Salary.com worldwide database (HR-reported salary data), and a dashboard to analyze internal pay practices vs. the market.
Categories & Use Cases
Videos
Who Buys & Uses CompAnalyst
#2 most frequent
Canada
3.0%6 installations of 202
#3 most frequent
France
2.0%4 installations of 202
CompAnalyst Review
Use Cases and Deployment Scope
gathering info for two new positions for determined on market
Pros
- market analysis of different positions
Cons
- making sure they have the most divise positions - new positions
Return on Investment
- makes my company more competitive
Usability
CompAnalyst Review
Use Cases and Deployment Scope
CompAnalyst helps us analyze comp for the variety of specialists we have in our small insurance org
Pros
- analysis
- comparison
- explanation of differences in cost of living
Cons
- diving into smaller orgs
- showing the education difference between salaries
- understanding niche industries
Return on Investment
- Helps keep great performers
Usability
Alternatives Considered
Glassdoor.com
CompAnalyst helped us pay our people fairly
Use Cases and Deployment Scope
We use it to match jobs, grade our positions and get our market data for our global grading system for compensation.
Pros
- Job Matches
- Job Titles
- Compensation Data
Cons
- Saving job matches
- creating specialized jobs
- general searches feature hard to use
Return on Investment
- Allowed us to put together global grades
- Helps us quickly update ranges during merit
- makes sure we have the latest data for jobs
Usability
Alternatives Considered
MerlinOne
Other Software Used
Dayforce, TeamSense, Awardco
Great tool for HR Managers
Use Cases and Deployment Scope
I utilize CompAnalyst on a regular basis when I need to find accurate compensation information in a particular geographical area within a specific discipline. I can customize my searches based on company size, industry and job family. It allows for more accurate job pricing to keep us competitive in both rural and urban markets across several regions.
Pros
- Registered Nurse
- Hospice Aide
- Social Worker
- Accountant
- Sales Rep
- Hospice Administrator
- LPN
- Healthcare Recruiter
Cons
- 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
Return on Investment
- It has kept us competitive
- It has allowed us adjust our pay to retain key people
- taken the guesswork out of pay scales
Usability
Other Software Used
Cornerstone, Awardco, UKG Pro
An Excellent Compensation Management Solution
Pros
- 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.
Cons
- 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.
Return on Investment
- 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.
Alternatives Considered
Payfactors and PayScale MarketPay
