Iconixx Merit Review - why 4.5 stars?

Iconixx Merit Review
ITQlick Score: 90/100
ITQlick Rating: (4.5/5)
Pricing: 6.8/10 - high cost
Category: Compensation Management -> Iconixx Merit
Ranking:Ranked 1 out of 28 Compensation Management systems
Company: Iconixx
Typical customers: Small, medium and large size businesses
Platforms: Desktop, Mobile
Links: Iconixx Merit pricing, Iconixx Merit alternatives
Shlomi LaviShlomi Lavi / updated: May 20, 2021

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What is Iconixx Merit?

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 calculations, and gamification features. This software was created by Iconixx which was founded in 2010. Its office is located in Austin, Texas and is operated by up to 200 employees.

What is Iconixx Merit rating? ()

The rating of Iconixx Merit is 4.5 stars out of 5 and the total score is 90 out of 100. The ratings are based on our unbiased experts. Learn more in our rating methodology page

Who are Iconixx Merit's typical customers?

The typical customers include the following business size: Small, medium and large size businesses.

Is Iconixx Merit the best Compensation Management?

Iconixx Merit is ranked 1 out of 28 software in their category (Compensation Management systems).

What are Iconixx Merit's pros? (3 Pros)

  • Easy to learn and use
  • Flexible reporting and analytics system
  • Ad hoc reporting

What are Iconixx Merit's cons? (2 cons)

  • More expensive than other compensation management software
  • No app version available

Who are their main alternatives?

TalentComp is a cloud-based compensation management solution for medium to large businesses available at the same price range as Iconixx Merit. Both have no app version available for iOS and Android devices. TalentComp also provides compensation management, multi-currency, merit increases, merit-based salary increments, an automatic calculation based on business rules, file import, and reports and analytics.

Both have high vendor reputation online and are beneficial as a compensation management software. CompensationXL is a compensation planning automation software for the same client size as Iconixx Merit. CompensationXL pricing is lower than Iconixx Merit.

CompensationXL also offers short term incentives, merit planning, anniversary based cycles, complex calculations, long term incentives, focal cycles, and compensation programs as Iconixx Merit. However, Iconixx Merit has more advanced reporting and analytics capabilities than CompensationXL. Both have excellent customer review ratings online but CompensationXL can be a cheaper alternative to Iconixx Merit for the similar compensation management solution it provides.

What is the cost of Iconixx Merit?

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 6.8 out of 10 (10 is most expensive). Find here the REAL total cost breakdown for Iconixx Merit

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

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

Is it the right software for you?

Iconixx Merit is good for medium to large businesses which are in need of modern compensation management and HR software. It is widely used by different industries like hospitality, retail, staffing and recruiting, hospital and health care, and more. Among its clients are Raymond James, Henkel, CBS, RentPath, Scholastic, and Randstad.

List of categories

Performance Management
Human Resources
Applicant Tracking
Sales

Iconixx Merit Vs. Alternatives

ITQlick rating
Score
Pricing
License pricing
Functionality
Review
Compare
Iconixx
ITQlick rating
4.5/5
Score
90/100
Pricing
6.8/10
License pricing
Pricing not available
Functionality
4
Compare
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
Compease
ITQlick rating
4.9/5
Score
81/100
Pricing
2/10
License pricing
$2 per employee/month
Functionality
7
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.