Harvest HCM Compensation Review - why 4.9 stars?

Harvest HCM Compensation Management Review
ITQlick Score: 79/100
ITQlick Rating: (4.9/5)
Pricing: 5.2/10 - average cost
Category: Compensation Management -> Harvest HCM Compensation
Ranking:Ranked 10 out of 28 Compensation Management systems
Company: Harvest HCM
Typical customers: Medium and large size businesses
Platforms: Desktop, Mobile, Cloud
Links: Harvest HCM Compensation pricing, Harvest HCM Compensation alternatives

Shlomi LaviShlomi Lavi / updated: Apr 15, 2022

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What is Harvest HCM Compensation and its features?

Harvest HCM is a compensation management solution for businesses of all sizes. It helps in the elimination of compensation spreadsheets and also offers planning and customization capabilities. The software was designed and launched by Harvest HCM headquartered in Nebraska, United States.

What is Harvest HCM Compensation rating?

The rating of Harvest HCM Compensation is 4.9 stars out of 5 and the total score is 79 out of 100. The rating score is based on our unbiased data-based algo. Learn more - rating methodology page.

Who uses Harvest HCM Compensation?

Customers of the software include businesses of all sizes with backgrounds in a diverse range of industries. Some major industries where the software has found deployment include telecommunication, insurance and finance, transportation, automation and manufacturing, technology and software development, and others. Some notable customers of the software include Western Union, TW Telecom, and First Data etc.

Is it easy to use?

Yes, Harvest HCM Compensation makes it fairly easy to use. This product is user friendly and intuitive.

Is Harvest HCM Compensation cloud-based?

Yes, they offer cloud based hosting, which means IT resources are retrieved through web-based tools and applications and you don't need to buy servers and additional hardware equipment.

Can it be used on mobile?

Yes, you can access Harvest HCM Compensation on your mobile/smart phone.

Is Harvest HCM Compensation the best Compensation Management system?

Harvest HCM Compensation is ranked 10 out of 28 software in their category (Compensation Management systems).

What are their main features and functionalities?

The software offers assistance in the elimination of compensation spreadsheets and takes away the worry of maintaining and updating these spreadsheets. Managers can administer the pay programs to be used in direct reports form a centralized location. The software also offers compensation planning along with workflow approvals and automated communication capabilities.

Harvest HCM features compensation plan modeling before the actual implementation of plans. Other important capabilities of the software include analytics, bonus management, budget control, compensation assessment, compensation calculation, consolidation and roll-up, incentive programs, and salary planning. The software also offers real time reporting and customized dashboards.

Who are their main alternatives?

HCM One provides a Human Resource solution that covers benefits administration, expense management, time & attendance, leave management, performance & goal reviews as well as projects scheduling. In addition it has a unique deployment offering which provides customers with three options.

The first option is an Open Source module where the software is delivered to the customer with its code so that it can be modified and customized according to their needs. This contains only time & attendance, leave management and expense management. Then there is a free cloud based system which is offered with no training and limited support, or a priced Enterprise plan which is charged based on the user plan chosen. Both offer the full featured software.

Harvest HCM on the other hand focuses on the talent management side and includes performance & compensation management, succession planning and rewards systems. These areas are not addressed by HCM One. In addition Harvest HCM provides support to customize its product, dashboards, reports and database design to meet customer requirements. This is different from HCM One which only offers an open source model for system customization with no support provided.

Another provider is Fairsail HCM which is built on the Salesforce.com platform and is available as a cloud based solution. It provides time & attendance, talent management, resource planning & recruitment, performance management, as well as benefits & compensations.

In addition it provides self service portals for both employees and managers with collaboration tools, as well as HR analytics for resource & performance analysis. In comparison Harvest HCM does not currently provide these features.

What is the cost of Harvest HCM Compensation?

What is the REAL total cost of implementation? on top of the total cost of licenses which is easy to calculate you need to add the cost of training, customization, data migration, and other "hidden cost". ITQlick pricing score is 5.2 out of 10 (10 is most expensive). Find here the REAL total cost breakdown for Harvest HCM Compensation

What should you ask Harvest HCM during a demo session? (65 questions)

Schedule a demo with Harvest HCM Compensation and access 65 must ask questions for the vendor while watching Harvest HCM Compensation in action. Visit the vendor's website here.

List of categories

Compensation Management
Employee Performance Management
HR Department
Workforce Management

List of features

Data Analysis Tools
Project Budgeting
Project Planning

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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.