Pave vs CompAnalyst

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Our analysts compared Pave vs CompAnalyst based on data from our 400+ point analysis of Compensation Management Software, user reviews and our own crowdsourced data from our free software selection platform.

Pave Software Tool

Product Basics

Pave is a cloud-based platform designed to simplify and streamline compensation management processes for businesses of all sizes. Its core functionalities include salary benchmarking, compensation planning, budget management, performance reviews, and reward programs. Pave caters primarily to companies seeking to optimize their compensation structure, ensure internal fairness, and attract and retain top talent. Its intuitive interface, robust data analysis tools, and automated workflows offer several key benefits, such as improved decision-making, increased transparency, and reduced administrative burden. Popular features include job-level salary comparisons, market data integration, performance-based bonus calculations, and customizable compensation reports. User feedback suggests that Pave excels in usability and data-driven insights, but some users express limitations regarding customization options and advanced reporting capabilities. Pave's pricing starts at a monthly subscription fee and scales based on the number of employees and additional features. This transparent pricing model allows businesses to choose a plan that fits their specific needs and budget.

Pros
  • Easy-to-use interface
  • Data-driven insights
  • Improved decision-making
  • Increased transparency
  • Reduced administrative burden
Cons
  • Limited customization options
  • Basic reporting capabilities
  • Occasional bugs and glitches
  • Learning curve for new users
  • Limited customer support options
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CompAnalyst by Salary.com is a SaaS solution that offers datasets and features to optimize compensation plans and decisions. It helps companies leverage data and in-depth insights on salaries and employee payroll. It enables administrators to make informed payment decisions, analyze pay practices and manage end-to-end compensation process requirements.

It automates compensation survey participation, creates presentation-ready reports and models salary structures that align with organizational goals.
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$799 Monthly
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Tailored to your specific needs
Small
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Windows
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Chromebook
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Mobile
Cloud
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Mobile

Product Assistance

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Knowledge Base
24/7 Live Support
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24/7 Live Support

Product Insights

  • Improved Decision Making: Gain data-driven insights into salary benchmarks, market trends, and internal compensation data to make informed decisions about compensation strategy.
  • Increased Transparency: Empower employees with clear and concise information about their compensation through personalized dashboards and self-service tools, promoting trust and open communication.
  • Reduced Administrative Burden: Automate time-consuming tasks like salary reviews, performance evaluations, and budget management, freeing up HR professionals to focus on strategic initiatives.
  • Enhanced Talent Acquisition and Retention: Attract and retain top talent by offering competitive compensation packages informed by real-time market data, leading to a more engaged and productive workforce.
  • Cost Optimization: Identify and address potential pay gaps and ensure internal equity, optimize compensation budgets, and reduce unnecessary costs associated with outdated or inefficient compensation practices.
  • Compliance and Audit Support: Stay compliant with ever-changing compensation regulations and simplify audit processes with comprehensive reporting and data-driven documentation.
  • Scalability and Flexibility: Adapt to changing business needs and workforce demographics with a flexible platform that can accommodate growth and diverse compensation structures.
  • Data Security and Privacy: Ensure the security and privacy of sensitive employee data with robust data encryption and access controls, complying with industry standards and regulations.
  • Improved Employee Satisfaction: Promote a positive workplace culture by fostering transparency, fairness, and recognition through a well-defined and communicated compensation structure.
  • Continuous Improvement: Access ongoing support, expert guidance, and data-driven insights to continuously refine your compensation strategy and maximize its impact on your business.
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  • Make Informed Decisions: Make equitable pay decisions using historical data and real-time reports of individual employees and departments. Project cash and workforce requirements to make short and long-term policies. 
  • Attract the Best Talent: Leverage employee engagement and compensation planning tools to position the organization as a valuable workplace. Attract talent by offering competitive packages and retaining top performers. 
  • Boost Organizational Growth: Improve employee performance and satisfaction while boosting business performance with insight-based decisions and optimized compensation. 
  • Promote Employee Engagement: Keep employees engaged with defined, tangible goals and promotion policies. Effectively managed employee records enable employers to automatically identify and filter suitable opportunities for employees. 
  • Ensure Data Security: Eliminate employee resentment and productivity disruptions by keeping compensation data confidential. Cloud-based servers ensure data privacy at all times and prevent internal or external data leaks. 
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  • Salary Benchmarking: Access real-time salary data for specific roles, levels, and locations to ensure competitive compensation packages.
  • Compensation Planning & Budgets: Set strategic compensation goals, manage budgets effectively, and forecast future talent costs with accuracy.
  • Merit Cycle Management: Streamline performance reviews, facilitate goal setting, and manage bonus calculations with ease.
  • Total Rewards Communication: Create personalized and visually appealing reward letters that effectively communicate the full value of employee compensation packages.
  • Self-Service Tools: Empower employees with self-service dashboards and functionalities to access compensation data, benefits information, and total rewards statements.
  • Integrations: Integrate seamlessly with existing HRIS, payroll, and ATS systems for effortless data synchronization and streamlined workflows.
  • Equity Management: Manage stock option grants, track vesting schedules, and visualize equity value for employees.
  • Customizable Reports & Dashboards: Generate tailored reports and personalized dashboards to gain insights into key compensation metrics and trends.
  • Data Security & Access Control: Secure employee data with robust encryption and implement role-based access controls for enhanced security and privacy.
  • Automated Workflows: Automate repetitive tasks like salary reviews, merit increases, and bonus calculations, saving time and resources.
  • Real-Time Data & Analytics: Gain instant access to up-to-date compensation data and leverage powerful analytics tools to make informed decisions.
  • Global Payroll & Compliance: Manage complex global payroll requirements and ensure compliance with relevant regulations across diverse locations.
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  • Market Datasets: Access reliable HR-reported compensation datasets that include survey catalogs and minimum wage and market data. Helps reduce data gaps by combining jobs to match organizational requirements. Enables administrators to market higher price jobs and industry-specific vacancies. 
  • Survey Management: Offers a centralized compensation data source library for survey management, conduct and analysis. Automatically engage in surveys using one-click export to third-party survey templates. 
  • Equity: Conduct detailed analysis of internal pay equity with external market trends using insights. Identify and eliminate equity challenges, flight risks and relevant insights to optimize employee compensation. Includes merit modeling and pay equity analytics. 
  • Pay Framework: Create, edit and structure model salaries. Helps manage pay policies across divisions, departments and job families. Utilize existing structures from the library or market data to create new pay structures in three clicks. Tools include job range and salary structure wizard. 
  • Communication: Share crucial payment data in the form of presentation-ready reports and charts with business leaders, managers and other stakeholders in one click. Offers total compensation statements, analytics and a customizable dashboard. 
  • Recruiting: Leverage recruiting tools to attract and retain the best talent. Includes reporting, labor forecasting and competitive compensation capabilities. 
  • Services:  
    • Onboarding: Leverage personalized setup, training resources, pricing services, comprehensive matching and automated data loading to facilitate system onboarding. 
    • Consulting: Access expert consultation for strategic insights and utilize data-driven tools that help make informed decisions. 
    • Survey Participation: Dedicated compensation professionals help optimize survey selection, data loading, employee participation, analysis and reporting in a few clicks. 
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Product Ranking

#11

among all
Compensation Management Software

#32

among all
Compensation Management Software

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Analyst Rating Summary

66
70
56
59
25
63
54
100
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Analyst Ratings for Functional Requirements Customize This Data Customize This Data

Pave
CompAnalyst
+ Add Product + Add Product
Budgeting And Forecasting Compliances Dashboard And Reporting Mobile Capabilities Platform And Security Capabilities Rewards And Recognition Salary And Pay Structure Management Variable Compensation And Incentives Management 56 25 54 15 80 63 82 78 59 63 100 76 72 25 84 33 0 25 50 75 100
50%
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50%
60%
0%
40%
33%
0%
67%
67%
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33%
56%
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44%
100%
0%
0%
14%
0%
86%
71%
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29%
73%
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27%
67%
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33%
63%
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37%
25%
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75%
79%
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21%
83%
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17%
78%
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22%
33%
0%
67%

Analyst Ratings for Technical Requirements Customize This Data Customize This Data

63%
0%
37%
88%
0%
12%

User Sentiment Summary

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Great User Sentiment 12 reviews
we're gathering data
88%
of users recommend this product

CompAnalyst has a 'great' User Satisfaction Rating of 88% when considering 12 user reviews from 2 recognized software review sites.

n/a
5.0 (2)
n/a
4.25 (10)

Awards

No awards.

SelectHub research analysts have evaluated CompAnalyst and concluded it earns best-in-class honors for Dashboard and Reporting.

Dashboard and Reporting Award

Synopsis of User Ratings and Reviews

Streamlined Compensation Management: Pave simplifies the entire compensation process, from data collection and analysis to budget planning and salary reviews.
Data-Driven Insights: Gain valuable insights into your compensation data with comprehensive reports and dashboards. Identify trends, analyze pay equity, and make informed decisions.
Improved Efficiency: Automate manual tasks and eliminate spreadsheets with Pave's automated workflows and integrations.
Increased Transparency: Provide employees with clear and consistent information about their compensation through self-service portals and personalized reports.
Scalability and Flexibility: Pave adapts to the needs of growing organizations with its scalable architecture and flexible configuration options.
Excellent Customer Support: Receive dedicated support from Pave's team of experts to ensure a smooth implementation and ongoing success.
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Accurate Salary Data: Users appreciate CompAnalyst's up-to-date and reliable salary data, which helps them make informed decisions about compensation.
User-Friendly Interface: Many users find the platform easy to navigate and use, making it simple to find the information they need.
Comprehensive Reporting: CompAnalyst offers detailed reporting features that allow users to analyze compensation trends and make data-driven decisions.
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Limited Customization Options: While Pave offers a good range of features, some users find the customization options to be limited, particularly for complex compensation structures.
Learning Curve: The initial setup and configuration of Pave can be complex, requiring some time and effort to learn the platform.
Limited Reporting Capabilities: While Pave offers basic reporting features, some users find them to be insufficient for their needs, requiring additional tools for advanced reporting.
Integration Challenges: Some users have reported challenges integrating Pave with their existing HR systems, requiring additional technical support.
Cost: Pave can be expensive for smaller organizations, especially compared to some of its competitors.
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Limited Customization: Users express frustration over the inflexibility of the platform, particularly when it comes to tailoring the software to their specific compensation processes.
Reporting Challenges: Extracting specific data or generating custom reports is reportedly cumbersome, limiting the ability to perform in-depth compensation analysis.
User Interface Issues: The user interface is considered by some to be outdated and not very intuitive, leading to a steeper learning curve and slower adoption by teams.
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Overall, user reviews of Pave are generally positive, praising its ability to streamline compensation management and provide valuable data-driven insights. Users highlight its ease of use, automation capabilities, and improved transparency as key strengths, especially compared to manually managing spreadsheets. However, some users find the customization options limited and the initial setup process somewhat complex. One user noted, "Pave has completely transformed our compensation process. It's so much easier to manage data, analyze trends, and make informed decisions. Plus, our employees now have greater access to information about their compensation, which has boosted morale and engagement." Another user commented, "Initially, the learning curve was a bit steep, but the support team was amazing and helped us get up and running quickly. Now, we couldn't imagine managing compensation without Pave." While users appreciate Pave's core functionalities, some express concerns over its limited flexibility. Some users found it challenging to adapt Pave's features to their specific needs and felt it lacked the customization options available in competing products like BetterUp or Lattice. Additionally, some reviewers mentioned initial integration difficulties with existing HR systems, requiring further support and effort. Despite these limitations, users acknowledge that Pave sets itself apart by prioritizing data security and offering excellent customer support. One user commented, "We were hesitant to move our data to a cloud-based platform, but Pave's commitment to security gave us peace of mind. Knowing our data is safe and secure is paramount to us." Another user added, "The Pave team has been incredibly responsive and helpful throughout our entire experience. They're always available to answer questions and provide guidance, which makes a huge difference." Ultimately, user reviews suggest that Pave is a valuable tool for organizations seeking to streamline compensation management and gain data-driven insights. While some limitations exist, users emphasize the platform's ease of use, automation capabilities, and robust data security. However, organizations with highly complex compensation structures or specific customization needs may find competing solutions more suitable.

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While CompAnalyst offers a robust set of features, user reviews from the past year reveal mixed sentiments. Users generally appreciate the depth of its market data, particularly its extensive database for benchmarking executive compensation, which proves invaluable for organizations looking to attract top-tier talent. The platform's ability to automate compensation workflows, such as merit modeling, also receives praise for streamlining processes and reducing manual effort. However, some users find the software's interface less intuitive than competitors like Lattice or Pave, leading to a steeper learning curve. Additionally, while CompAnalyst integrates with payroll and HR systems, some users report that the integration process can be cumbersome and requires significant IT involvement. Overall, CompAnalyst appears best suited for larger organizations with complex compensation needs and dedicated resources for implementation and training. Smaller businesses with limited budgets and simpler requirements might find more user-friendly and cost-effective solutions elsewhere.

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