Best Compensation Planning Software for Small Business

Grace Savides
GS
Researched and written by Grace Savides

Products classified in the overall Compensation Planning category are similar in many regards and help companies of all sizes solve their business problems. However, small business features, pricing, setup, and installation differ from businesses of other sizes, which is why we match buyers to the right Small Business Compensation Planning to fit their needs. Compare product ratings based on reviews from enterprise users or connect with one of G2's buying advisors to find the right solutions within the Small Business Compensation Planning category.

In addition to qualifying for inclusion in the Compensation Planning Software category, to qualify for inclusion in the Small Business Compensation Planning Software category, a product must have at least 10 reviews left by a reviewer from a small business.

G2 takes pride in showing unbiased reviews on user satisfaction in our ratings and reports. We do not allow paid placements in any of our ratings, rankings, or reports. Learn about our scoring methodologies.

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Compensation Planning Software Quick Facts for Small Business Users

Content below is current as of June, 2024
Summary of Reviews

Reviews Summary: The Best Compensation Planning Software for Small Businesses

At G2 we have some of the most definitive data on the best Compensation Planning software for small businesses. G2 users have generated 62 Compensation Planning software reviews and associated data from users working for small-sized companies. We have identified 19 individual Compensation Planning products offering the features, pricing and support that small companies look for when comparing Compensation Planning software and solutions. These reviews are generated using the qualitative and quantitative feedback from G2 members working in small companies and who have used these Compensation Planning software products.

When G2 reviewers submit their software reviews, they often provide information on the type of company they work for and what market segment they belong to. We break these different market segments into three distinct groups:

Small businesses have their own unique requirements when it comes to Compensation Planning software compared to mid-market or enterprise companies. That is why these individual software reviews are especially helpful when comparing product set up, ease of use and overall cost.

Below you will find FAQs and review snippets for Compensation Planning software that works well for SMB companies. Reviews are written by G2 users with real-world experience using these products.

FAQs About Compensation Planning Software for Small Businesses

What are the best Compensation Planning software products for small-sized businesses, according to G2 reviewers?

  • Payfactors - 4.3-stars, 28 reviews from reviewers at small-sized companies.
  • Salary.com - 4.4-stars, 12 reviews from reviewers at small-sized companies.
  • Xactly Incent - 4.2-stars, 6 reviews from reviewers at small-sized companies.
  • Pave - 4.7-stars, 5 reviews from reviewers at small-sized companies.
  • MarketPay - 4.4-stars, 5 reviews from reviewers at small-sized companies.

What Compensation Planning software products do reviewers from SMB companies like most?

  • Aeqium - 4.7-stars, 12 reviews from reviewers at SMB companies.
  • Salary.com - 4.4-stars, 12 reviews from reviewers at SMB companies.

Which Compensation Planning software products do small companies rate the highest on G2?

  • Payfactors - 4.3-stars according to 28 professionals at small businesses.

How many Compensation Planning software reviews are from users working in small businesses?

The 62 reviews for small-sized Compensation Planning service providers on G2 vary often. Specific review details for the nearly 19 Compensation Planning providers can be found below.

Here’s What Reviewers Working at SMB Businesses Have to Say About Compensation Planning Software

Questions Responses
Here is what professionals in small-sized businesses liked best about Compensation Planning software products.
Paycom: "I like the customer service the best. It has been a smooth transition from ADP to Paycom and implementation was less stressful than it was with ADP. I have one dedicated person to my account that I can call or email whenever I have a question."
- Susan S., HR Generalist at Mulgrew Aircraft Components Inc., Small-Business (50 or fewer emp.)

Salary.com: "I used this mostly for calculating out salary monthly bi monthly amounts and position pay"
- Brett H., I help companies build amazing websites, apps & services that are simple, beautiful and easy to use., Small-Business (50 or fewer emp.)

Payfactors: "Simple ease of use! Very easy to find jobs and marketprice"
- Jack T., Associate Consultant at FutureSense, LLC, Small-Business (50 or fewer emp.)

Here is what professionals in small-sized businesses liked least about Compensation Planning software products.
Paycom: "That it doesn't update PTO properly. Have had to keep a personal record of my own"
- Ilene B., Experienced Sales Consultant/Agent - Product Management - Market Research Training towards Cannabis Compliance , Small-Business (50 or fewer emp.)

Payfactors: "Inaccurate data. Not enough relevant roles."
- , Small-Business (50 or fewer emp.)

Salary.com: "Every time we tried to use it it was more complicated than it needed to be. Very time-consuming and hard to use."
- Hugo I., Small-Business (50 or fewer emp.)

These are what professionals in small businesses recommend to others considering Compensation Planning software.
Paycom: "Just go for it! The system isn't as fancy as ADP or Paylocity, but it reliable."
- Susan S., HR Generalist at Mulgrew Aircraft Components Inc., Small-Business (50 or fewer emp.)

Salary.com: "Have Mike Walsh be your client rep."
- Robert J., CEO at Innovative Compensation and Benefits Concepts, LLC and Owner, see above, Small-Business (50 or fewer emp.)

Arcoro: "When first starting with Infinity, the product may seem intimidating. It is a robust solution that does require time and commitment to become familiarized with, but with effort, it can be a very valuable resource."
- Angela A., Customer Relations Manager at MPHR, Small-Business (50 or fewer emp.)

These are the problems users said the software was solving and how it is benefiting them in small-sized companies.
Paycom: "The most important benefit that we have implemented so far is having our performance reviews online in the system. It makes it easier for managers to be reminded about past due performance reviews and it makes completing them quick and easy."
- Susan S., HR Generalist at Mulgrew Aircraft Components Inc., Small-Business (50 or fewer emp.)

Salary.com: "Just looking for pay scales"
- Brett H., I help companies build amazing websites, apps & services that are simple, beautiful and easy to use., Small-Business (50 or fewer emp.)

Payfactors: "We have been able to market price many jobs for all our clients of various industries"
- Jack T., Associate Consultant at FutureSense, LLC, Small-Business (50 or fewer emp.)

Reviews by Industry: Non-Profit Organization Management, Human Resources, and Information Technology and Services

Reviews by Industry: Compensation Planning Software for Small-Sized Companies

G2 currently has 85 Compensation Planning software reviews from users working in small companies across multiple industries. These reviews and associated data help G2 provide those working in small-sized companies find the right Compensation Planning software products for their specific industry. Features, support, and usability needs differ from industry to industry, making it a challenge to find the best Compensation Planning software for small businesses.

The Compensation Planning software reviews and FAQs below were chosen specifically because they reflect the experiences of G2 users working at small companies in industries that commonly use Compensation Planning software.

Industry-Specific Compensation Planning Software FAQs for SMB Businesses

Which industries are most small business Compensation Planning software reviewers working in?

  • 7.6% of reviewers work at Non-Profit Organization Management companies.
  • 7.1% of reviewers work at Human Resources companies.
  • 5.6% of reviewers work at Information Technology and Services companies.

Which Compensation Planning software products are the best for small Non-Profit Organization Management companies?

  • Salary.com is rated 4.4-stars and has 12 reviews from professionals at small companies.

Which Compensation Planning software products are the best for small-sized Human Resources companies?

  • Salary.com is rated 4.4-stars with 12 reviews from small-sized company professionals.
  • MarketPay is rated 4.4-stars with 5 reviews from small-sized company professionals.

Which Compensation Planning software products are the best for SMB Information Technology and Services companies?

  • Salary.com: 4.4-stars, 12 reviews from reviewers at SMB companies.
  • Payfactors: 4.3-stars, 28 reviews from reviewers at SMB companies.

What titles do the Compensation Planning software reviewers have at their small-sized businesses?

G2 users who review Compensation Planning products for SMB companies often have titles like:

  • HR Generalist at Mulgrew Aircraft Components Inc.
  • I help companies build amazing websites, apps & services that are simple, beautiful and easy to use.
  • Associate Consultant at FutureSense, LLC

Small Business Compensation Planning Software Reviews from Popular Industries

Below you will learn what reviewers from small companies liked and disliked about the Compensation Planning software products that are popular in their industries.

Industry What Reviewers from Small Businesses Liked What Reviewers from Small Businesses Disliked
Non-Profit Organization Management
Paycom: "We recently became a Paycom client and have loved the employee friendly aspect of the system. Our employees can navigate through the system with ease."
- Miki F., Executive Director at Infant Crisis Services, Small-Business (50 or fewer emp.)

Human Resources
Salary.com: "Mike Walsh is extremely helpful about salary. com issues that can arise."
- Robert J., CEO at Innovative Compensation and Benefits Concepts, LLC and Owner, see above, Small-Business (50 or fewer emp.)

Salary.com: "Cumberson process to get information on salaries. Requires a lot of forms to be completed."
- Ronald J., Small-Business (50 or fewer emp.)

Information Technology and Services
Paycom: "A platform that improves efficiency, accuracy, documentation management, employee experience and a platform that will grow with us."
- Jeffrey R., Vice President of Finance at TokenEx, LLC, Small-Business (50 or fewer emp.)

Reviews by Features

Compensation Planning Software Feature Reviews from Professionals at Small Businesses

Knowing the features of any software tool, app or platform are crucial when you are a professional working at a small-sized company. That’s why G2 has users from small businesses review the 245 features of popular Compensation Planning software products for quality, usability, and support. These Compensation Planning software features are analyzed and rated throughout the 2451 Compensation Planning software reviews created by G2 users. Detailed, market segment-specific feedback can help you determine if a particular Compensation Planning software product has the attributes and functionality best for your market segment.

There are standard features across all the Compensation Planning software products reviewed on G2. Below we’ve listed the highest-rated standard features of Compensation Planning software products along with some of the core attributes that help drive the performance of those features:

  • Mobile (93% average rating)
    • Receipt Capture (93% rating)
    • Mileage Tracking (93% rating)
    • Travel Itinerary and Flight Status Updates (92% rating)
  • Travel Management (90% average rating)
    • Itinerary Management (91% rating)
    • Ease of Booking (90% rating)
    • Advanced Integrations (90% rating)
  • Taxes (90% average rating)
    • Tax Calculation (90% rating)
    • Automatic Tax Payment (90% rating)
    • Tax Filing (89% rating)

Compensation Planning Software Features FAQs from Professionals at SMB Companies

Below you will find answers to frequently asked questions about the features of Compensation Planning Software asked by G2 reviewers working at small-sized companies.

What are the most important Compensation Planning software features for SMB companies and professionals?

  • Direct Deposit - 633 G2 reviews and a 94% rating.
  • Pre-tax Deductions - 563 G2 reviews and a 92% rating.
  • Check/W-2 Printing - 551 G2 reviews and a 92% rating.
  • Employee Information - 208 G2 reviews and a 93% rating.
  • Policy Compliance Management - 103 G2 reviews and a 92% rating.

What are the best Compensation Planning software products with Direct Deposit features for small companies?

  • Paycom 4.2-star rating from 3 reviews.

What are the best Compensation Planning software products with Pre-tax Deductions features for small businesses?

  • Paycom 4.2-star rating from 3 reviews.

What are the best Compensation Planning software products with Check/W-2 Printing features for SMB companies?

  • Paycom 4.2-star rating from 3 reviews.

What are the best Compensation Planning software products with Employee Information features for small-sized companies?

  • Paycom 4.2-star rating from 3 reviews.

What are the best Compensation Planning software products with Policy Compliance Management features for small-sized companies?

  • Paycom 4.2-star rating from 3 reviews.

Below are the Compensation Planning software features that G2 reviewers from small businesses like best and least for the top-rated products.

Product Highest Rated Features Lowest Rated Features
Aeqium Here are three features users from SMB companies love the most about Aeqium:

  • Platform
  • Platform - Compensation Planning
  • Generative AI
Here are two features users from small businesses love the least about Aeqium:

  • Benchmarking and Equity - Compensation Management
  • Features - Compensation Planning
Pave Here are three features users from SMB companies love the most about Pave:

  • Platform
  • Platform - Compensation Planning
  • Generative AI
Here are two features users from small businesses love the least about Pave:

  • Benchmarking and Equity - Compensation Management
  • Features - Compensation Planning
OpenComp Here are three features users from SMB companies love the most about OpenComp:

  • Platform
  • Platform - Compensation Planning
  • Generative AI
Here are three features users from small businesses love the least about OpenComp:

  • Advanced Features - Salary Benchmarking Software
  • Auditing - Salary Benchmarking Software
  • Benchmarking and Equity - Compensation Management
Salary.com Here are three features users from SMB companies love the most about Salary.com:

  • Benchmarking and Equity - Compensation Management
  • Basics
  • Analytics
Here are three features users from small businesses love the least about Salary.com:

  • Advanced Features - Salary Benchmarking Software
  • Auditing - Salary Benchmarking Software
  • Core Features - Salary Benchmarking Software
MarketPay Here are three features users from SMB companies love the most about MarketPay:

  • Analytics
  • Benchmarking and Equity - Compensation Management
  • Platform
Here are three features users from small businesses love the least about MarketPay:

  • Advanced Features - Salary Benchmarking Software
  • Auditing - Salary Benchmarking Software
  • Basics