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Payfactors Overview

Payfactors is an advanced compensation management software designed to help organizations optimize their compensation strategies and ensure competitive pay practices. This platform provides tools for conducting market analysis, benchmarking salaries, and managing pay structures, ensuring that organizations attract and retain top talent. Payfactors' user-friendly interface allows HR professionals to analyze compensation data easily and make informed decisions based on industry standards. The software includes reporting features that provide insights into pay equity and compensation trends, enabling organizations to identify areas for improvement. Additionally, Payfactors supports compliance with labor regulations, helping organizations mitigate risks associated with compensation practices. By utilizing Payfactors, organizations can enhance their compensation management processes, improve employee satisfaction, and drive organizational success.

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Contact Details

  • Vendor Name Payfactors
  • Founded 2013
  • Location United States

Support

  • Chat Chat

Training

  • In-person In-person
  • Live Online Live Online
  • Webinar Webinar
  • Documentation Documentation

Licensing & Deployment

  • Proprietary Proprietary
  • Cloud Hosted Cloud Hosted
  • Web-Based Web-Based

Typical Customers

  • Self-Employed Self-Employed
  • Small-Business Small-Business
  • Midsize-Business Midsize-Business

Languages Supported

English

Industries

Human Resources

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Payfactors Features

  • Arrow Icon Compensation Statements
  • Arrow Icon Performance Management
  • Arrow Icon Real Time Reporting
  • Arrow Icon Reminders
  • Arrow Icon Organizational Charting
  • Arrow Icon Employee Self Service
  • Arrow Icon Employee Portal
  • Arrow Icon Document Management
  • Arrow Icon Benefits Management
  • Arrow Icon Employee Reward Programs
  • Arrow Icon Employee Database
  • Arrow Icon HR Management
  • Arrow Icon Performance Appraisal
  • Arrow Icon Bonus Management
  • Arrow Icon Attendance Tracking
  • Arrow Icon Succession Planning
  • Arrow Icon Compensation Plan Modeling
  • Arrow Icon Compliance Management
  • Arrow Icon Incentive Management
  • Arrow Icon Payroll Management
  • Arrow Icon Employee Onboarding
  • Arrow Icon Salary History
  • Arrow Icon Employee Management
  • Arrow Icon Multi-Currency
  • Arrow Icon Salary Planning
  • Arrow Icon Goal Setting/Tracking
  • Arrow Icon Commission Management
  • Arrow Icon Budget Management

Payfactors Pricing

Pricing Type

  • Pricing Type Per User

Preferred Currency

  • USD ($) USD ($)

Free Trial

  • NA

Free Version

  • Yes Yes

Payment Frequency

  • One-Time Payment One-Time Payment

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Payfactors FAQs

Payfactors is an advanced compensation management software designed to help organizations optimize their compensation strategies and ensure competitive pay practices. This platform provides tools for conducting market analysis, benchmarking salaries, and managing pay structures, ensuring that organizations attract and retain top talent. Payfactors' user-friendly interface allows HR professionals to analyze compensation data easily and make informed decisions based on industry standards. The software includes reporting features that provide insights into pay equity and compensation trends, enabling organizations to identify areas for improvement. Additionally, Payfactors supports compliance with labor regulations, helping organizations mitigate risks associated with compensation practices. By utilizing Payfactors, organizations can enhance their compensation management processes, improve employee satisfaction, and drive organizational success.

  • Yes, Payfactors offers a free version.

  • Yes, Payfactors offers a free trial.

  • No, Credit Card details are not required for the Payfactors trial.

  • Payfactors supports the following payment frequencies:

    • One-Time Payment

  • No, Payfactors does not offer an API.

  • Payfactors offers support with the following options:
    • Chat

  • Payfactors offers training with the following options:
    • In-person , Live Online , Webinar , Documentation

  • Payfactors supports the following languages:
    • English

  • Following are the typical users of the Payfactors:
    • Self-Employed , Small-Business , Midsize-Business

  • Payfactors supports the following deployment:
    • Cloud Hosted

  • Payfactors supports the following devices and operating systems:
    • Web-Based