Top Salary Benchmarking Software

Salary Benchmarking Software, also known as Compensation Benchmarking Software, uses data analysis to recommend appropriate compensation for a particular position depending on its job title and description. These tools compare internal and external data sources to determine an equitable salary based on factors like necessary skills, competitor salaries, etc. Salary benchmarking helps businesses tailor their compensation strategy to their business’s specific needs. This aids with retaining top performers and mitigating potential legal risks from underpaying employees.

LiveRem

LiveRem is an HR benchmarking platform that connects to payroll systems, providing real-time insights and market comparisons to assist organizations in decision-making.

Carta

Carta is a platform for equity management, offering tools for cap table management, equity issuance, fundraising, and compliance for private companies.

Salary.com

Salary.com provides accurate pay data and compensation management tools for businesses and individuals to understand salary trends and make informed compensation decisions.

Ravio

Ravio is a compensation management platform that helps tech companies benchmark salaries, manage pay transparency, and streamline compensation processes.

SupportFinity

SupportFinity is an AI-powered hiring platform connecting companies with talent and job seekers with employment opportunities and community features.

Arcoro

Arcoro is modular HR software designed for construction companies, offering tools for applicant tracking, onboarding, time management, and more.

Figures

Figures is a compensation management app that helps companies benchmark, plan, and manage salary decisions with comprehensive data and tools.

OpenComp

OpenComp provides compensation data and tools to help companies make informed salary decisions and attract top talent, focusing on market rates and benchmarking.