Compare Willis Towers Watson Compensation and Iconixx Merit - Mar 2022

Shlomi Lavi

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

Willis Towers Watson Compensation is more expensive to implement (TCO) than Iconixx Merit, and Iconixx Merit is rated higher (90/100) than Willis Towers Watson Compensation (75/100). Willis Towers Watson Compensation offers users more features (1) than Iconixx Merit (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:

Willis Towers Watson Vs. Iconixx

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,...

Iconixx: Within every sales professional is a primal, quota-crushing beast. If you’re responsible for managing compensation, you are the beastmaster. The beastmaster has no time for tedious compensation routines using inferior tools like spreadsheets. The beast, meanwhile, cannot abide the irritation of manual commission reconciliations. No. The beast cares...

Who is more expensive? Willis Towers Watson Compensation or Iconixx Merit?

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 Willis Towers Watson Compensation and Iconixx Merit.

Willis Towers Watson Compensation price starts at $1 per feature , On a scale between 1 to 10 Willis Towers Watson Compensation Software is rated 8, which is higher than the average cost of Compensation Management software. Iconixx Merit accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 Willis Towers Watson Compensation Software is rated 8, which is higher than the average cost of Compensation Management software.

Bottom line: Willis Towers Watson Compensation is more expensive than Iconixx Merit.

Which software includes more/better features?

We've compared Willis Towers Watson Compensation Vs. Iconixx Merit based on some of the most important and required Compensation Management features.

Willis Towers Watson Compensation: Benefits Administration.

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

Target customer size

Willis Towers Watson Compensation's typical customers include: Large business, and Iconixx Merit's target customer size include: Small, medium and large size businesses.