With the outdated processes for market pricing and benchmarking jobs. We were fed up with spending month after month participating in compensation surveys and trying to make sense of the results. With the so-called “state-of-the-art” solutions that claimed to improve compensation practices — but really just made a frustrating process slightly less frustrating.
But we realized that, despite these changes, the underlying approaches are still broken. The industry is still relying on inflexible systems that haven’t changed in decades.
We've met with countless compensation pros, HR People, industry analysts, and CEOs. We've listened. We've learned. With the comp community's input, we've created the kind of solution we could only dream about before.
But our listening tour is far from over. In fact, we don't ever plan to stop it. That's because we're obsessed with making Payfactors the best comp solution on the planet. So we're continually building new features, all based on real feedback from real users in our community.