Compare BalancedComp and Willis Towers Watson Compensation - Jul 2022

Shlomi LaviShlomi Lavi / Jul 18, 2022

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Bottom Line: Which is Better - BalancedComp or Willis Towers Watson Compensation?

Willis Towers Watson Compensation is more expensive to implement (TCO) than BalancedComp, and Willis Towers Watson Compensation is rated higher (75/100) than BalancedComp (62/100). Willis Towers Watson Compensation offers users more features (1) than BalancedComp (0).

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. Willis Towers Watson

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.

Willis Towers Watson: Willis Towers Watson (NASDAQ: WLTW ) is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has 39,000 employees in more than 120 countries. We design and deliver solutions that manage risk, optimize benefits, cultivate talent,...

Who is more expensive? BalancedComp or Willis Towers Watson Compensation Software?

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 Willis Towers Watson Compensation Software.

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. Willis Towers Watson Compensation Software price starts at $1 per feature , When comparing Willis Towers Watson Compensation Software to its competitors, the software is rated 8 - higher than the average Compensation Management software cost.

Bottom line: Willis Towers Watson Compensation Software is more expensive than BalancedComp.

Which software includes more/better features?

We've compared BalancedComp Vs. Willis Towers Watson Compensation 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.

Willis Towers Watson Compensation Software: Benefits Administration.

Target customer size

BalancedComp's typical customers include: Medium and large size businesses, and Willis Towers Watson Compensation Software's target customer size include: Large business.



BalancedComp

ITQlick rating
(3.2/5)

starts at $20 per year

BalancedComp is a trending cloud-based Payroll software, it is designed to support medium and large size business. BalancedComp received a rating of 3.2 from ITQlick team. The software cost is considered afford...

Categories: HR Accounting, Human Resources Module, Human Resources, Payroll.

Willis Towers Watson Compensation

ITQlick rating
(3/5)

starts at $1 per feature

Willis Towers Watson Compensation Software is an award-winning cloud-based Human Resources software, it is designed to support large size business. Willis Towers Watson Compensation Software received a rating o...

Categories: Benefits Administration, Compensation Management, HR Analytics, Pre-employment Testing, Insurance.

Compare specifications

Compare features

BalancedComp: 0 Features

We are working to collect the list of features

Willis Towers Watson Compensation Software: 1 Features

Benefits Administration
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
BalancedComp
ITQlick rating
3.2/5
Score
62/100
Pricing
5/10
License pricing
$20 per year
Functionality
7
Compare
Willis T...
ITQlick rating
3/5
Score
75/100
Pricing
8.6/10
License pricing
$1 per feature
Functionality
7
Iconixx ...
ITQlick rating
4.5/5
Score
90/100
Pricing
6.8/10
License pricing
Pricing not available
Functionality
4
beqom EP...
ITQlick rating
3.5/5
Score
89/100
Pricing
3/10
License pricing
Pricing not available
Functionality
3
Compensationxl
ITQlick rating
4.8/5
Score
85/100
Pricing
4/10
License pricing
$5,000 per year
Functionality
6

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.