Compare PayScale MarketRate and Interact HRMS - Aug 2022

Shlomi Lavi

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Bottom Line: Which is Better - PayScale MarketRate or Interact HRMS?

PayScale MarketRate is more expensive to implement (TCO) than Interact HRMS, and PayScale MarketRate is rated higher (91/100) than Interact HRMS (81/100). Interact HRMS offers users more features (6) than PayScale MarketRate (5).

Looking for the right HR Department 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:

PayScale, Inc. Vs. 2Interact, Inc.

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.

2Interact, Inc.: 2Interact, Inc. and its people have been in the business of Information Technology for more than 35 years. The original management and engineering staff as well as consultants still maintain partnership, employment, or consulting links with 2Interact, Inc. Initially, 2Interact was heavily involved in the development, implementation, and deployment ...

Who is more expensive? PayScale MarketRate or Interact HRMS?

The real total cost of ownership (TCO) of HR Department 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 PayScale MarketRate and Interact HRMS.

PayScale MarketRate price starts at $219 per user/month , On a scale between 1 to 10 PayScale MarketRate is rated 6, which is similar to the average cost of HR Department software. Interact HRMS price starts at $15,000 per year , When comparing Interact HRMS to its competitors, the software is rated 4 - lower than the average HR Department software cost.

Bottom line: PayScale MarketRate is more expensive than Interact HRMS.

Which software includes more/better features?

We've compared PayScale MarketRate Vs. Interact HRMS based on some of the most important and required HR Department features.

PayScale MarketRate: Appraisal Performance, Employee Self-Service, HR Management, Payroll, Performance Record.

Interact HRMS: Benefits Administration, Employee Self-Service, HR Management, Payroll, Performance Record.

Target customer size

Customers of the software include small and medium businesses as well as large enterprises. Interact HRMS is designed to help mid-size and enterprise level businesses and is suitable for industries involved in finance and banking, entertainment, oil and gas and retail.