Compare Compensationxl and BalancedComp - Jul 2022

Shlomi Lavi

We publish unbiased reviews. Our opinions are our own and are not influenced by payments from advertisers. This content is reader-supported, which means if you leave your details with us we may earn a commission. Learn why ITQlick is free .

Bottom Line: Which is Better - Compensationxl or BalancedComp?

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:

Hcr Software Vs. BalancedComp

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 ...

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.

Who is more expensive? Compensationxl or BalancedComp?

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 Compensationxl and BalancedComp.

Compensationxl price starts at $5,000 per year , On a scale between 1 to 10 Compensationxl is rated 4, which is lower than the average cost of Compensation Management software. BalancedComp price starts at $20 per year , When comparing BalancedComp to its competitors, the software is rated 4 - lower than the average Compensation Management software cost.

Bottom line: Compensationxl cost is around the same cost of BalancedComp.

Which software includes more/better features?

We've compared Compensationxl Vs. BalancedComp based on some of the most important and required Compensation Management features.

Compensationxl: Data Import/Export, Basic Reports, Online Customer Support.

BalancedComp: We are still working to collect the list of features for BalancedComp.

Target customer size

Customers of the software include small and medium businesses as well as large enterprises. and BalancedComp's target customer size include: Medium and large size businesses.