Shlomi Lavi /
Jul 18, 2022
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Bottom Line: Which is Better - BalancedComp or Compensationxl?
BalancedComp is more expensive to implement (TCO) than Compensationxl, and Compensationxl is rated higher (85/100) than BalancedComp (62/100). Compensationxl offers users more features (3) than BalancedComp (0). There is a clear winner in this case and it is Compensationxl!
Looking for the right Compensation Management solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:
BalancedComp Vs. Hcr Software
BalancedComp: Calibrating Pay-to-Performance for Financial Institutions
BalancedComp is a software and consulting firm dedicated to serving credit unions and banks. Our focus is web based salary administration and performance management processes that attract, motivate and retain a talented workforce.
Hcr Software: HCR Software makes compensation planning easy and incentive planning intuitive so that your compensation team can focus on retaining and rewarding your employees. With the TEAM EDITION starting at only 5k per year, and the PROFESSIONAL EDITION starting at only 10k per year, chances are high that there is a CompensationXL version that will fit your ...
Who is more expensive? BalancedComp or Compensationxl?
The real total cost of ownership (TCO) of Compensation Management software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for BalancedComp and Compensationxl.
BalancedComp price starts at $20 per year , On a scale between 1 to 10 BalancedComp is rated 4, which is lower than the average cost of Compensation Management software. Compensationxl price starts at $5,000 per year , When comparing Compensationxl to its competitors, the software is rated 4 - lower than the average Compensation Management software cost.
Bottom line: BalancedComp cost is around the same cost of Compensationxl.
Which software includes more/better features?
We've compared BalancedComp Vs. Compensationxl based on some of the most important and required Compensation Management features.
BalancedComp: We are still working to collect the list of features for BalancedComp.
Compensationxl: Data Import/Export, Basic Reports, Online Customer Support.
Target customer size
BalancedComp's typical customers include: Medium and large size businesses, Customers of the software include small and medium businesses as well as large enterprises.