20 Best Compensation Management Software for SMBs in June 2025

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List of the Best Compensation Management Software For Small Business as of June 2025

Payfactors

Empower your compensation management with cutting-edge technology.

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4.4

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Product Description

Introducing Payfactors, a cutting-edge compensation management solution designed to empower organizations in navigating the evolving landscape of remote work. In a world where remote work is becoming the new norm, the need for accurate and up-to-date salary data is more critical than ever. With ...

Pricing

Payfactors offers custom pricing plan

Figures

Fair pay, made simple.

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Product Description

Figures is a compensation management platform that helps mid-market companies and enterprises make fair and efficient salary decisions. By integrating real-time market data and performance ratings in one place, fair compensation decisions have never been easier to make.

Pricing

Figures offers custom pricing plan

OpenComp

Streamlining compensation decisions for a clear vision.

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Product Description

OpenComp is a compensation decision software that provides employers with everything needed to plan and communicate pay effectively. With actionable pay data and intuitive decision tools for the entire compensation workflow, OpenComp offers a clear, confident vision for every pay decision. ...

Pricing

Free Trial available, Try Now

OpenComp offers custom pricing plan

Aeqium

Streamline your compensation process with Aeqium.

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Product Description

Aeqium is a compensation planning tool that addresses the frustration of time-consuming and confusing compensation processes by centralizing compensation data, running guided workflows, and facilitating better pay decisions for every employee—all without manual effort.

Pricing

Aeqium offers custom pricing plan

Decusoft Compose

Efficiently streamline your compensation planning.

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Product Description

Decusoft Compose is a dynamic compensation management solution designed to enhance the accuracy and efficiency of your team. It allows you to manage unlimited compensation plan types, streamlining your compensation planning and administration to align with your organization’s goals, culture, ...

Pricing

Decusoft Compose offers custom pricing plan

Comprehensive

Streamline pay decisions with Comprehensive.

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Product Description

Comprehensive is an all-in-one employee compensation platform that helps companies make better pay decisions without relying on countless spreadsheets. It integrates seamlessly with your HR tools, allowing you to make efficient, transparent, and equitable compensation decisions from a single ...

Pricing

Comprehensive offers custom pricing plan

Ben

Streamline benefits, boost satisfaction.

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Product Description

Ben is a global flexible benefits platform designed that connect the entire benefits ecosystem, leading to improved outcomes for employers, employees, brokers, and providers. Ben helps businesses offer flexible benefits that work for everyone. Automating enrollment and communication with ...

Pricing

Starts from $6/employee/month

Ravio

Transform your compensation strategy with Ravio.

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Product Description

Ravio is a compensation management platform that assists top tech companies in attracting, retaining, and motivating exceptional talent. Ravio simplifies the process of viewing, analyzing, updating, and sharing salary bands. This eliminates the need for spreadsheets, streamlines compensation ...

Pricing

Ravio offers custom pricing plan

Complete

Empowering transparency in compensation decisions.

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Product Description

Complete empowers companies to create, collaborate on, and explain compensation practices from day one. The platform enables organizations to provide new hires with a transparent, comprehensive offer letter that includes salary, equity, and benefits. It helps businesses make informed ...

Pricing

Complete offers custom pricing plan

CompLogix Compensation

Empowering organizations with customized compensation solutions.

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Product Description

CompLogix offers a compensation management solution that is powerful, intuitive, and flexible. It collaborates with clients to configure the exact solution that will help them overcome their challenges and address their unique needs.

Pricing

CompLogix Compensation offers custom pricing plan

Assemble

Empowering companies, rewarding employees.

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Product Description

Assemble is a compensation management platform designed for forward-thinking organizations. It helps businesses implement fair and strategic compensation practices to enhance employee satisfaction and retention.

Pricing

Assemble offers custom pricing plan

CompUp

Unify your pay scales, empower your team.

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Product Description

CompUp is a comprehensive compensation management software designed to help total rewards teams eliminate pay disparities and ensure fair pay within their organization. The platform builds and shares compensation bands with multi-level access control.

Pricing

CompUp offers custom pricing plan

SimplyMerit

Empower managers with a simplified compensation process.

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Product Description

SimplyMerit simplifies the annual compensation cycle, significantly boosting manager engagement. Designed by experienced compensation consultants, it addresses the biggest pain points of compensation specialists and provides clarity and simplicity for managers and executives.

Pricing

SimplyMerit offers custom pricing plan

CompXL

Automated compensation planning made simple.

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Product Description

CompXL, now part of Salary.com, is a flexible and affordable compensation planning software that automates the interaction between the compensation team and planning managers during focal review cycles for merit, bonuses, and long-term incentives. CompXL reduces administrative burdens and cycle ...

Pricing

CompXL offers custom pricing plan

Workday Compensation

Empower your workforce with streamlined compensation management.

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Product Description

Workday offers a unified compensation management system that allows everyone within the organization to participate in compensation reviews and access the necessary information to determine appropriate rewards. Workday Compensation provides total rewards statements that let you show your ...

Pricing

Workday Compensation offers custom pricing plan

HRsoft Compensation Management

Streamline compensation, maximize success.

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Product Description

HRSoft is built for compensation lifecycle management, bringing digital transformation's power and business impact to the least automated process in HR. HRSoft enables organizations to confidently create customized, multi-faceted compensation plans that reflect their values, attract new hires, ...

Pricing

HRsoft Compensation Management offers custom pricing plan

Payscale

Fair pay decisions, simplified.

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Product Description

Payscale combines diverse and dynamic data sources, experienced compensation services, and scalable software to help organizations make fair and appropriate pay decisions: Payfactor, designed for organizations focused on optimizing pay, offers business teams a customized, cloud-based ...

Pricing

Payscale offers custom pricing plan

Barley

Empower fair and effective pay decisions.

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Product Description

Barley is a compensation management software that helps companies make better pay decisions by combining pay bands, compensation reviews, pay equity, and candidate benchmarking into a platform.

Pricing

Barley offers custom pricing plan

CompTool

Streamline compensation with ease.

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Product Description

CompTool offers a compensation management tool that includes compensation planning, management, and communication. It also provides a market pricing solution to ensure a competitive position for your pay ranges.

Pricing

CompTool offers custom pricing plan

Pave

Smart compensation decisions, effortlessly.

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Product Description

Introducing Pave, an innovative software solution designed to empower you to make informed and strategic compensation decisions effortlessly. With the tagline "Make smarter compensation decisions," Pave offers unparalleled access to real-time compensation benchmarking data, allowing you to stay ...

Pricing

Pave offers custom pricing plan

Best Compensation Management Software For Small Business

Payfactors

Empower your compensation management with cutting-edge technology.

Introducing Payfactors, a cutting-edge compensation management solution designed to empower organizations in navigating the evolving landscape of remote work. In a world where remote work is becoming the new norm, the need for accurate and up-to-date salary data is more critical than ever. With ...

Figures

Fair pay, made simple.

Figures is a compensation management platform that helps mid-market companies and enterprises make fair and efficient salary decisions. By integrating real-time market data and performance ratings in one place, fair compensation decisions have never been easier to make.

OpenComp

Streamlining compensation decisions for a clear vision.

OpenComp is a compensation decision software that provides employers with everything needed to plan and communicate pay effectively. With actionable pay data and intuitive decision tools for the entire compensation workflow, OpenComp offers a clear, confident vision for every pay decision. ...

Aeqium

Streamline your compensation process with Aeqium.

Aeqium is a compensation planning tool that addresses the frustration of time-consuming and confusing compensation processes by centralizing compensation data, running guided workflows, and facilitating better pay decisions for every employee—all without manual effort.

Decusoft Compose

Efficiently streamline your compensation planning.

Decusoft Compose is a dynamic compensation management solution designed to enhance the accuracy and efficiency of your team. It allows you to manage unlimited compensation plan types, streamlining your compensation planning and administration to align with your organization’s goals, culture, ...

Comprehensive

Streamline pay decisions with Comprehensive.

Comprehensive is an all-in-one employee compensation platform that helps companies make better pay decisions without relying on countless spreadsheets. It integrates seamlessly with your HR tools, allowing you to make efficient, transparent, and equitable compensation decisions from a single ...

Ben

Streamline benefits, boost satisfaction.

Ben is a global flexible benefits platform designed that connect the entire benefits ecosystem, leading to improved outcomes for employers, employees, brokers, and providers. Ben helps businesses offer flexible benefits that work for everyone. Automating enrollment and communication with ...

Ravio

Transform your compensation strategy with Ravio.

Ravio is a compensation management platform that assists top tech companies in attracting, retaining, and motivating exceptional talent. Ravio simplifies the process of viewing, analyzing, updating, and sharing salary bands. This eliminates the need for spreadsheets, streamlines compensation ...

Complete

Empowering transparency in compensation decisions.

Complete empowers companies to create, collaborate on, and explain compensation practices from day one. The platform enables organizations to provide new hires with a transparent, comprehensive offer letter that includes salary, equity, and benefits. It helps businesses make informed ...

CompLogix Compensation

Empowering organizations with customized compensation solutions.

CompLogix offers a compensation management solution that is powerful, intuitive, and flexible. It collaborates with clients to configure the exact solution that will help them overcome their challenges and address their unique needs.

Assemble

Empowering companies, rewarding employees.

Assemble is a compensation management platform designed for forward-thinking organizations. It helps businesses implement fair and strategic compensation practices to enhance employee satisfaction and retention.

CompUp

Unify your pay scales, empower your team.

CompUp is a comprehensive compensation management software designed to help total rewards teams eliminate pay disparities and ensure fair pay within their organization. The platform builds and shares compensation bands with multi-level access control.

SimplyMerit

Empower managers with a simplified compensation process.

SimplyMerit simplifies the annual compensation cycle, significantly boosting manager engagement. Designed by experienced compensation consultants, it addresses the biggest pain points of compensation specialists and provides clarity and simplicity for managers and executives.

CompXL

Automated compensation planning made simple.

CompXL, now part of Salary.com, is a flexible and affordable compensation planning software that automates the interaction between the compensation team and planning managers during focal review cycles for merit, bonuses, and long-term incentives. CompXL reduces administrative burdens and cycle ...

Workday Compensation

Empower your workforce with streamlined compensation management.

Workday offers a unified compensation management system that allows everyone within the organization to participate in compensation reviews and access the necessary information to determine appropriate rewards. Workday Compensation provides total rewards statements that let you show your ...

HRsoft Compensation Management

Streamline compensation, maximize success.

HRSoft is built for compensation lifecycle management, bringing digital transformation's power and business impact to the least automated process in HR. HRSoft enables organizations to confidently create customized, multi-faceted compensation plans that reflect their values, attract new hires, ...

Payscale

Fair pay decisions, simplified.

Payscale combines diverse and dynamic data sources, experienced compensation services, and scalable software to help organizations make fair and appropriate pay decisions: Payfactor, designed for organizations focused on optimizing pay, offers business teams a customized, cloud-based ...

Barley

Empower fair and effective pay decisions.

Barley is a compensation management software that helps companies make better pay decisions by combining pay bands, compensation reviews, pay equity, and candidate benchmarking into a platform.

CompTool

Streamline compensation with ease.

CompTool offers a compensation management tool that includes compensation planning, management, and communication. It also provides a market pricing solution to ensure a competitive position for your pay ranges.

Pave

Smart compensation decisions, effortlessly.

Introducing Pave, an innovative software solution designed to empower you to make informed and strategic compensation decisions effortlessly. With the tagline "Make smarter compensation decisions," Pave offers unparalleled access to real-time compensation benchmarking data, allowing you to stay ...

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