Best Salary Benchmarking Tools in India

CompUp is an all-in-one compensation management platform designed to help rewards teams benchmark, plan, and communicate compensation to support fair pay. By bringing all compensation data and benchmarks together, it provides valuable insights for running appraisal simulations and managing executive appraisals with ease. Core Product Modules: Survey Management: Centralizes the handling of all compensation surveys. Bands: Build and securely share pay bands across functions, job families, and levels. Simulation: Conduct budget simulations to recommend employee-specific increments. Appraisal Cycles: Streamlined multi-level budget approvals for business units. People Analytics: Customizable dashboards offer deep insights for data-driven decisions. Total Rewards Portal: Show employees the total value of their compensation. Pay Equity Management: Identify and correct pay disparities to ensure compliance.

An HCM solution designed for future adaptability. The dynamics of your workforce, the various work environments, and the required skills are constantly evolving. So, how can you prepare for what lies ahead? Introducing Workday Human Capital Management (HCM). Our advanced machine learning capabilities allow you to gain insights into your employees' current skills while also enabling you to develop talent for the skills that will be in demand in the future. Workday HCM provides you the tools to offer personalized recommendations, promote ongoing learning, and foster open communication at every level. This is all achievable on a large scale. With our enhanced analytics, you can extract valuable insights from extensive data collections, providing clear narratives that explain current trends and their implications. We implement intelligent automation throughout the complete attract-to-pay process, reducing the burden of manual tasks and allowing your team to maximize their productivity. From managing compensation and payroll to overseeing time tracking, benefits, and beyond, Workday HCM is dedicated to effectively supporting your workforce and enhancing their overall experience. Additionally, our system is designed to evolve alongside your organization, ensuring you are always equipped for the challenges of tomorrow.

Assess how your company's compensation structures compare to industry standards. We assist in pinpointing cost-to-market alongside creating strategic initiatives to remain competitive in your field. It is crucial to maintain pay equity throughout your organization. OpenComp can highlight discrepancies in pay equity related to gender and ethnicity, enabling you to swiftly address and rectify these disparities. Develop various organizational growth strategies for the future while projecting cash and equity expenditures for each scenario. Utilize precise location models to align compensation appropriately. OpenComp supports you in evolving your compensation philosophy as teams grow more geographically dispersed. Create equitable job offers and evaluate compensation inquiries from prospective employees in direct comparison to the market. Access market data from multiple sources that is standardized and updated daily. Our user-friendly tools empower you to implement compensation strategies effectively. Moreover, you will receive analytics and insights to monitor the effectiveness of your compensation plans and identify trends over time, ensuring you remain proactive in your approach. This comprehensive analysis not only aids in maintaining competitiveness but also fosters a fair workplace environment.

LiveRem is a user-friendly platform that provides real-time insights and benchmarking for salaries and HR practices, focusing on the key aspects of attracting and retaining top talent. It collects remuneration information directly from clients' payroll and HR systems, enabling an up-to-date salary survey that accurately reflects the value of various roles. Utilizing sophisticated job-matching technology, it assigns a trust score that indicates the reliability of the matches based on the platform's data points. Upholding the importance of privacy, all data is anonymized, ensuring that your information remains secure while still offering insightful analytics to inform your decisions. Transform your remuneration strategy from a source of stress into a valuable asset for your organization. With LiveRem, you simply provide your company’s information, allowing you to search and compare job roles across different industries and organizations throughout New Zealand, eliminating the need for tedious salary surveys and saving you precious time. Experience a straightforward and efficient way to navigate the complexities of compensation and talent management.

Levels.fyi serves as a valuable resource aimed at enhancing transparency regarding salaries and career advancement throughout various fields, with a strong emphasis on the technology sector. The platform boasts an extensive database containing salary details, enabling users to explore and contrast compensation packages for more than 300,000 roles across multiple companies, job titles, career stages, and geographical areas. To facilitate informed career choices, it provides useful tools including a salary heatmap, salary calculator, and a benefits comparison feature. Furthermore, Levels.fyi offers verified compensation data, information on internship salaries, and publishes yearly pay reports that showcase leading companies and emerging industry trends. For those seeking tailored guidance, the platform also delivers services such as salary negotiation assistance and resume evaluations, utilizing the knowledge of former tech recruiters to empower users in achieving optimal compensation and advancing their careers. This commitment to user support and resource availability positions Levels.fyi as an essential tool for professionals navigating their career paths.

Connect with fellow professionals in your field and organization to gain valuable insights and guidance. Fishbowl serves as a networking platform tailored for professionals, allowing users to engage in meaningful discussions relevant to their industry or workplace. It creates a community where individuals can pose questions, share their stories, and request advice, with options for anonymity and different privacy levels. Users can either join existing groups or initiate new "bowls" that cater to specific sectors, companies, or shared interests, fostering authentic interactions with verified experts in comparable positions. The platform also hosts live audio events and chats, providing opportunities for real-time conversations with industry leaders and colleagues. By offering features for direct messaging and establishing connections, Fishbowl enhances networking across diverse professional domains. Additionally, its mobile applications for iOS and Android ensure an intuitive experience for users, enabling easy access and interaction on the go. This accessibility further encourages a vibrant community where knowledge sharing thrives.

Compease is an all-encompassing, automated software solution for salary administration, created by HR Performance Solutions. Designed with security and user-friendliness in mind, Compease allows organizations to effectively maintain competitive pay rates while also managing merit increases and compensation budgets smoothly. Utilizing Compease helps ensure that salaries are not only aligned with market standards but also fair within the organization. The software boasts a variety of features, such as a job evaluation system, salary grades and ranges, market-driven salary data, salary planning, compensation assessment and calculation, budget control, and additional functionalities that enhance overall compensation management. With Compease, businesses can streamline their payroll processes and make informed decisions regarding employee compensation.

HRSoft Compensation Management simplifies, simplifies, and controls complex compensation planning. This reliable, best-of breed compensation management software solution was created by HRsoft. It allows employers to eliminate spreadsheet errors and automate the entire process for salary, bonus, merit, and other benefits. HRSoft Compensation Management is a powerful platform with many features. It reduces the time involved in complex compensation cycles by making it more efficient, accurate, and auditable. The main features include automatic worksheets and budgets, global pay requirements and custom reporting, HRIS integration, salary merit and bonuses calculations, global payroll requirements, and more.

Syndio is the industry pioneer in global pay transparency solutions, helping organizations maintain pay transparency, achieve pay equity, streamline pay gap reporting and analytics, and make smart pay decisions at scale. Through its enterprise-grade solutions and embedded expertise, Syndio empowers companies — who collectively represent over 10 million employees — to stay on top of compulsory requirements, develop custom strategies, and deliver results faster and more cost effectively. Get compliant with easier reporting and pay audits, then stay on track with clear pay recommendations that align to your policies. Benefits include: -Global Pay Reports: Complex reporting made easy. Simple and accurate reporting for 43 countries across the globe. -Expert-backed, legally defensible methods and ongoing support help you analyze efficiently and make decisions with confidence so you can resolve pay disparities in minutes, not months. -EU Pay Transparency Directive compliance Check all EU compliance boxes — group employees doing equal value work, close gaps greater than 5%, and comply with employee “right to information”. -Pay policy analytics Uncover specific drivers of pay disparities using statistical analysis, and more!

Decusoft Compose is the future of compensation automation. A secure, web-based, centralized platform for compensation professionals that powers your compensation planning, administration, management. The voice of the compensation professional is heard, from product design to service delivery and product development. Decusoft developed Compose to simplify the administration of variable pay programs, including Merit, Bonus and Short-term incentives. Compose is not a traditional modular software suite. Compose is a flexible, scalable, and configured solution that can be integrated with your existing human resource management system.

beqom CompComplete Pay Management provides a complete solution for the most demanding compensation needs, delivering corporate comp that is clear, complete, aligned with your organization's structure and goals. Effortlessly create, configure, and manage any compensation plan, without compromise. With a broad range of process coverage and intuitive UI, you have the freedom to design compensation structures that align perfectly with your business objectives and employee needs. beqom CompComplete infuses deep compensation expertise into a suite of easy to use comp mgmt modules - all built on an extensible and intelligent comp platform. All your compensation and performance processes can be managed in one place, including Salary, Bonus, Long Term Incentives, Deferred Compensation, Sales Performance, and Performance Management, and all within a framework of Pay Equity. beqom is based on 4 product pillars: - Pay Management to deliver total comp simply and without compromise. - Pay Intelligence to optimize pay with data-driven recommendations. - PayAnalytics by beqom to close pay gaps for good and create a culture of fairness. - Pay Transparency to provide clarity for employees on pay and performance.

Equity. Simplified. Carta is a tool that helps investors and companies manage their equity plans, valuations, investments, cap tables, and capital plans. Start by creating your Carta cap table. Then, issue electronic securities, get 409A appraisals, and run liquidity events. Your cap table will remain updated automatically. Your cap table will stay up-to-date with all equity transactions and information in Carta. We help you to stay compliant when issuing equity or getting 409A valuations. Investors and employees can accept electronic securities and exercise options. They can also track vesting schedules. Carta assists more than 800,000 shareholders to manage equity worth $575 billion. Carta can help you, whether you need a captable and a 409A or are looking to run secondary transaction, leverage financial reporting, tax tools, and stay closer to investors.

Acquire the knowledge and assurance needed to accurately determine salaries using up-to-date, validated compensation data combined with advanced, AI-driven salary management tools. Transform and streamline the compensation process with Payfactors, a robust and adaptable comprehensive solution for managing compensation in any business setting. Enhance your effectiveness in salary management through Insight Lab, a user-friendly and smart platform tailored for constructing pay frameworks, administering merit increases, and overseeing pay equity. We are dedicated to guaranteeing precise compensation by offering trustworthy salary market information that is consistently aligned with authentic data sources. Payscale's innovative software solutions are crafted and continuously refined to address the evolving pay challenges faced by today’s workforce, fostering a more equitable and transparent compensation landscape. This commitment to innovation ensures that organizations are equipped to navigate the complexities of compensation with confidence and clarity.

CompTool is one of the most affordable and easiest market pricing and compensation programs available. We have a solution that will work for any company, whether it is a startup, a Fortune 500 or a consulting firm. We implement our users on average in three days and not three weeks. You can either use our white-glove service or follow our step-by step guide to load everything. CompTool was designed with the practitioner in mind and to keep clutter at bay. All the information you need is at your fingertips. CompTool has a simple and intuitive way to update and refresh the data. Users can choose to use our data refreshes or update their data in a matter of minutes. CompTool's feedback collection tool allows your team members to share market data and market matches with your stakeholders.

Streamline, share, and evaluate your compensation strategies instantly with Pave. This platform empowers you to enhance your compensation decisions while eliminating the need for cumbersome spreadsheets, thanks to its seamless real-time connections with your HRIS, ATS, and Cap Table. Traditionally, managing merit cycles is a tedious task where teams must compile various compensation reports and maintain separate spreadsheets for each manager. Pave addresses this challenge by centralizing compensation information in real-time, facilitating the management of merit cycles from a single, cohesive platform. Moreover, candidates and employees frequently lack visibility into the full spectrum of their compensation, including equity, bonuses, and benefits. Pave enables you to effectively present the complete package, aiding in the attraction and retention of top-tier talent. Many traditional surveys necessitate frequent manual uploads, leading to outdated compensation insights. In contrast, Pave delivers the most precise real-time compensation benchmarking data by effortlessly integrating your systems within minutes. With this innovative approach, conventional compensation surveys become a relic of the past, highlighting that total rewards encompass much more than just salary alone. Ultimately, Pave transforms how organizations approach and communicate compensation, ensuring clarity and efficiency throughout the process.

PROSFY is a new salary benchmarking technology. It allows individuals and small-to-medium-sized businesses to calculate their salary in real-time. The goal is to close the existing wage gaps and increase transparency on the labor market.

Power data-driven compensation decisions. CompAnalyst boosts compensation impact through accelerated workflows and curated suggestions. The integrated compensation platform that works well for all businesses. CompAnalyst solutions allow for smart pay decisions throughout the employee lifecycle. For unparalleled pricing accuracy, leverage the most current compensation data available in the market. With just one click, analyze pay competitiveness, automate pricing in the market, and take part in surveys. Combine internal company data with market data to get 360 degree analysis and reporting. It is time to take a fresh approach to education in compensation. Salary.com has partnered up with experts in the compensation industry to create a list of free courses that address key aspects of the compensation agenda. Learn the skills you need for success in your company.

The HR system that empowers and guides you to make informed decisions based on data-driven insight. Heartpace is a HR system that simplifies and supports your daily HR-work. You can choose the modules that you need at your own pace. You can choose the modules at your own pace and according to your preferences. Heartpace is your partner in creating a modern, data-driven organization. Heartpace HR Management allows you to save time and take control of your entire HR process. Heartpace Performance Management toolbox helps you to create a winning culture and employee engagement. Our top priority is to provide a simple, intuitive, and engaging user experience for both you and your employees. Smooth Equal pay Analysis & Salary review. Our Equal Pay Index can help you improve gender equality. Our insights-driven approach helps you to understand your pay structure. The salary review process can be simplified. All this and more is available in Heartpace Pay Management.

Compport is a SaaS-based solution that manages all your compensation plans. This includes candidate offers, annual/adhoc salaries review, bonus/incentive plans (customized for clients needs), long term incentive plans and Rewards and Recognition schemes. It is a 100% modular solution that allows users to design single or multiple compensation plans with 100% flexibility. They can then compare and assess the budget and impact upfront, launch it to line managers to review the salary components for their respective teams, and then allow communication with employees via a digital form to allow access to letters and total rewards statements. It assists organizations in achieving the following: • Superior efficiency up to 90% in all compensation processes • 100% flexibility in comp modeling and agility • Leaders, managers, and HR can make better decisions • Empowered culture through cascading decisions to the right stakeholders with the controls needed

PayReview, our specialized HR software, is crafted to help Human Resource teams effectively manage and monitor pay reviews within organizations, resulting in significant time and cost savings. This software integrates seamlessly with your industry salary benchmarking, offering a centralized hub for documenting employee evaluations and salary recommendations in line with budget limitations. According to our users, implementing our focused software has enabled HR departments to save over 500 hours annually during pay review processes, achieving timelines that were once considered unattainable. We offer a variety of support levels for those using PayReview, including online training videos, tutorials, and dedicated email and phone assistance tailored to your organization’s needs. Furthermore, the PayReview platform promotes a collaborative environment that enhances communication among administrators, ensuring that the pay review process is both efficient and effective. With these features, it's clear that PayReview is more than just software; it’s a comprehensive solution designed to optimize your HR operations.

LaborIQ by ThinkWhy stands at the forefront of talent technology, offering precise compensation insights for over 20,000 positions throughout various U.S. cities and industries. Users benefit from limitless reporting capabilities and access to salary information supported by an extensive database of 3 trillion data points and more than 400,000 company payrolls. Utilize comprehensive employment reporting and projections, insights into talent availability and wage demands, along with salary benchmarking and customizable reporting tools to enhance your strategic workforce and business planning. With data-driven solutions for talent acquisition tailored for the modern hiring landscape, users enjoy unrestricted access and reporting options. This platform allows for salary comparisons across different roles in every U.S. city, enabling companies to understand market compensation trends vital for attracting top talent. It also helps organizations recognize potential pay disparities and retention challenges early on, thus eliminating uncertainty in the recruitment process. This leads to quicker hiring and recruitment decisions, providing immediate insights into talent availability and compensation aligned with market conditions. LaborIQ simplifies complex information into actionable insights, ultimately streamlining your hiring efforts and empowering your decision-making process.

Discover the most thorough and precise labor market information currently accessible. With global talent market data at your fingertips, you can make more strategic and informed hiring decisions. The user-friendly interface is designed for quick learning, allowing you to navigate it effortlessly within minutes. Horsefly’s data is sourced from various reliable platforms, ensuring it stands out as the most accurate and comprehensive dataset available. Coverage spans all major markets, with ongoing additions of new sources to enhance the breadth of information. Our data compilation is derived from an extensive range of sources and has been meticulously refined, allowing you to make critical decisions with confidence. Uncover concealed talent pools, assess skill shortages, and explore alternative sectors while pinpointing transferable skills. This powerful AI-driven solution facilitates effective workforce planning, talent acquisition, and employer branding, catering to global enterprises. HORSEFLY’s analytics software serves as a unique tool for talent mapping and planning, delivering in-depth, real-time insights on candidates through the use of big data and artificial intelligence, enabling you to stay ahead in the competitive landscape of talent management.

Turning Point has introduced Orbit Pro©, a cutting-edge benchmarking software platform that equips organizations with expert services for salary benchmarking and pay reviews, featuring robust job evaluation tools while offering actionable insights in real-time through a fully compliant interface. Orbit Pro© stands out by granting organizations, ranging from small and medium enterprises to large global corporations, immediate access to Europe’s most thoroughly validated salary database. Users can explore over 16 million individual data points categorized by various criteria such as region, sector, seniority, company turnover, qualifications, and specialization. This innovative platform integrates Turning Point's exclusive 12-point analytical job evaluation system, resulting in a streamlined and user-friendly experience. Consequently, users can efficiently create, assess, manage, review, and benchmark roles throughout their organization, ensuring a comprehensive approach to workforce compensation and job analysis.

Barley makes it easy for you to manage, structure, analyze, adjust, and manage your compensation across your entire organization. You can also keep an eye on changes in salary trends with Barley. Create a consistent compensation structure for your company. Get the context you need for data-driven pay decisions. You can complete compensation reviews in less than 30 minutes and with greater confidence. Your talent team is aware of changes in the market. You can use the data they collect to get an instant pulse on market trends. Get the most current salary benchmarks from your candidates. It takes a lot of time to manage compensation in spreadsheets. Barley's automated workflows make it easy to speed up every step of your compensation process. This allows you to focus on what really matters: your people, your goals. Your greatest asset (and cost) is your people. Barley allows you to have complete control over your merit increase and hiring budgets so you can place them where they are most effective.

We hold the conviction that ensuring proper compensation enhances overall functionality. When remuneration is equitable, it fosters an environment of trust, allowing both organizations and employees to prosper while collaboratively addressing challenges and striving towards shared objectives with enthusiasm. Amidst constant change and unpredictability, we are committed to advancing the compensation data and management field we pioneered, striving to ensure fairness and equity in pay for everyone. Our team comprises technology visionaries, industry specialists, customer support champions, and compensation experts. What binds us together is our collective dedication to assisting you in achieving accurate and just compensation. Together, we can create a more equitable workplace for all.