Shlomi Lavi /
Mar 15, 2022
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Bottom Line: Which is Better - PayScale MarketRate or ProfileXT?
PayScale MarketRate is more expensive to implement (TCO) than ProfileXT, and ProfileXT is rated higher (92/100) than PayScale MarketRate (91/100). PayScale MarketRate offers users more features (5) than ProfileXT (0).
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. Profiles International
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.
Profiles International: We provide assessment solutions that help organizations select the right people for the right job and develop them to their full potential.
We assist clients throughout all phases of the employee life cycle to enhance the productivity and performance of individuals, teams, and organizations.
Who is more expensive? PayScale MarketRate or ProfileXT?
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 ProfileXT.
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. ProfileXT accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 PayScale MarketRate is rated 6, which is similar to the average cost of HR Department software.
Bottom line: PayScale MarketRate is more expensive than ProfileXT.
Which software includes more/better features?
We've compared PayScale MarketRate Vs. ProfileXT based on some of the most important and required HR Department features.
PayScale MarketRate: Appraisal Performance, Employee Self-Service, HR Management, Payroll, Performance Record.
ProfileXT: We are still working to collect the list of features for ProfileXT.
Target customer size
Customers of the software include small and medium businesses as well as large enterprises. The software is a viable product for businesses of all sizes with background in a variety of industries.