PayScale MarketRate Review - why 4.6 stars?
Compare Pricing
| ITQlick Score: | 91/100 |
|---|---|
| ITQlick Rating: |
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| Pricing: | 6.4/10 - high cost |
| Category: | HR Department -> PayScale MarketRate review |
| Ranking: | Ranked 1 out of 21 HR Department systems |
| Company: | PayScale, Inc. |
| Pricing: | starts at $219 per user/month |
| Typical customers: | Start up, Small business, Medium business, Large business |
| Platforms: | Desktop, Cloud |
| Links: | PayScale MarketRate pricing, PayScale MarketRate alternatives |
Shlomi Lavi / updated: Mar 15, 2022We publish unbiased reviews. Our opinions are our own and are not influenced by payments from advertisers. This content is reader-supported, which means if you leave your details with us we may earn a commission. Learn why ITQlick is free .
Table of Contents
What is PayScale MarketRate?
PayScale MarketRate software is a cloud-hosted human resource and compensation management solution that is engineered to serve businesses of every size. The solution provides precise and on-demand compensation data that enable organizations to create, monitor and analyze their own compensation strategy.PayScale MarketRate includes features that help users to build pay ranges, market differential analysis, identify hot & cold jobs, fill compensation data gaps, product training, access support, and more. Through PayScale MarketRate employers can attract and retain desired talent for various positions across the organization.
In addition, PayScale MarketRate software runs in Windows, Mac, and Web-based operating systems. Users of PayScale MarketRate software access training about the product through Documentation, Webinars, or Live Online sessions. In terms of deployment, the software offers Cloud, SaaS, and Web deployment options.
Who is it best for?
Customers of the software include small and medium businesses as well as large enterprises. Major industries where it can be used include banking and finance, retail and wholesale, automation and manufacturing, education, technology and media, and others. Some notable clients of the software include Monarch Landing, Roll Global, Filament Games, and others.Main features and functionalities
The software offers instant access to current salary data and eliminates compensation guesswork. Detailed salary reports can be created and compensation reports can be protected with passwords. Additionally, compensation reports can be updated with latest market data with a few clicks. The software also offers targeted salary searches including search on various employee attributes such as education, certifications, and others.PayScale MarketRate comes with compensation influencer charts which detail all the parameters impacting salary such as experience level, company size, education, and others. Other important capabilities include individual anonymous profiles, data source summary, benefits and bonuses, performance appraisal, and others.
What is the actual cost?
The cost of license starts at $219 per user/month. ITQlick pricing score is 6.4 out of 10 (10 is most expensive). Access ITQlick pricing guide for PayScale MarketRate.How it stacks up?
Access a head to head analysis of PayScale MarketRate vs alternative software solutions. ITQlick rating
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Frequently Asked Questions (FAQs)
Is PayScale MarketRate right for you or your business?
PayScale MarketRate software is designed to offer human resource & compensation management solutions for businesses of every size including small, mid-level and large-market ones. HR Managers, Directors, VPs Compensation Managers, and VPs Finance Directors are among the individuals who can benefit from using PayScale MarketRate software. The software is ideal for learning institutions, real estate, health care, and non-profit organizations among other industries.List of categories
Compensation Management
HR Analytics
List of features
Appraisal Performance
Employee Self-Service
HR Management
Payroll
Performance Record
Auditor - Shlomi Lavi
Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.