Willis Towers Watson Compensation Vs Iconixx Merit

Shlomi LaviShlomi Lavi / May 20, 2021

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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, Iconixx Merit is rated higher (90/100) than Willis Towers Watson Compensation (75/100). Willis Towers Watson Compensation offers more features (1) to their users than Iconixx Merit (0).

Looking for the right Compensation Management solution for your business? buyers like you are primarily concerned about the real total implementation cost (TCO), full list of features, vendor reliability, user reviews, pros and cons. In this article we compare between the 2 software products:

How Willis Towers Watson compares with 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's 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 & support and other related services. When calculating the TCO it's important to add all of these "hidden cost" as well. We prepared a TCO calculator for Willis Towers Watson Compensation and Iconixx Merit.

Willis Towers Watson Compensation price Starting from $49 per month , 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?

As with any business software solutions, it’s important to consider the features & functionality. The tool should support the processes, workflows, reports and needs that matter to your team. To help you evaluate this, 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.

Willis Towers Watson Compensation

ITQlick rating
(3/5)

Starting from $49 per month

Willis Towers Watson Compensation Software is an award-winning cloud-based Human Resources software, it is designed to support large size business. Willis Towers Watson Compensation Software received a rating o...

Categories: Benefits Administration, Compensation Management, HR Analytics, Pre-employment Testing.

Iconixx Merit

ITQlick rating
(4.5/5)

Iconixx Merit is an on-cloud or on-premise compensation management and HR software for medium to large companies. It offers forecasting and analytics, Webinars, automated sales, CRM integration, commission calc...

Categories: Performance Management, Human Resources, Applicant Tracking, Sales.

Compare specifications

Compare features

Willis Towers Watson Compensation: 1 Features

Benefits Administration

Iconixx Merit: 0 Features

We are working to collect the information
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
Willis
ITQlick rating
3/5
Score
75/100
Pricing
8.6/10
License pricing
Pricing not available
Functionality
7
Review
Compare
Iconixx
ITQlick rating
4.5/5
Score
90/100
Pricing
6.8/10
License pricing
Pricing not available
Functionality
4
beqom
ITQlick rating
3.5/5
Score
89/100
Pricing
3/10
License pricing
Pricing not available
Functionality
3
Review
Compensationxl
ITQlick rating
4.8/5
Score
85/100
Pricing
4/10
License pricing
$5,000 per year
Functionality
6
Blueforce
ITQlick rating
4.1/5
Score
82/100
Pricing
2.4/10
License pricing
$309 per month
Functionality
18
Author

Shlomi Lavi

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Shlomi holds a Bachelor of Science (B.Sc.) in Information System Engineering from Ben Gurion University in Israel. Shlomi brings 15 years of global IT and IS management experience as a consultant, and implementation expert for small, medium and large size (global) companies.