Shlomi Lavi /
Aug 16, 2022
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Bottom Line: Which is Better - iCIMS or PayScale MarketRate?
PayScale MarketRate is more expensive to implement (TCO) than iCIMS, and iCIMS is rated higher (94/100) than PayScale MarketRate (91/100). iCIMS offers users more features (12) than PayScale MarketRate (5). There is a clear winner in this case and it is iCIMS!
Looking for the right Talent 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:
iCIMS Vs. PayScale, Inc.
iCIMS: iCIMS' Talent Platform is the industry's premier talent acquisition solution that enables HR professionals to manage their organization's entire talent lifecycle from sourcing to recruitment marketing to applicant tracking to onboarding all within a single web-based application.
PayScale, Inc.: PayScale MarketRate gives you instant access to current salary data that matches your positions and your company. Eliminate compensation guesswork. Stop overpaying employees. Reduce the risk of losing top performers. Cut HR Costs.
Who is more expensive? iCIMS or PayScale MarketRate?
The real total cost of ownership (TCO) of Talent 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 iCIMS and PayScale MarketRate.
iCIMS price starts at $1,700 per month , On a scale between 1 to 10 iCIMS Talent Platform is rated 4, which is lower than the average cost of Talent Management software. PayScale MarketRate price starts at $219 per user/month , When comparing PayScale MarketRate to its competitors, the software is rated 6 - similar to the average Talent Management software cost.
Bottom line: PayScale MarketRate is more expensive than iCIMS.
Which software includes more/better features?
We've compared iCIMS Vs. PayScale MarketRate based on some of the most important and required Talent Management features.
iCIMS: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Employee Self-Service, HR Management, LMS, Performance Record, Recruiting, Software Customization, Timesheet, Applicant Tracking.
PayScale MarketRate: Appraisal Performance, Employee Self-Service, HR Management, Payroll, Performance Record.
Target customer size
iCIMS Talent Platform is optimally fitted for companies that constantly need to boost their numbers and search for young talents. Customers of the software include small and medium businesses as well as large enterprises.