Payfactors was founded with one goal:

TO REINVENT COMPENSATION

We’ve dedicated our entire careers to this industry. But in 2013, we were fed up.

FED UP WITH THE TRADITIONAL WAY OF DOING THINGS.

With the outdated processes for market pricing and benchmarking jobs.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.

You see, we’d changed things in compensation before.

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.

So after years in the industry, we looked at each other and said, "Enough is enough!" and decided to fix it.

We vow Payfactors will introduce technology that puts you back in control. We vow to build a system that works for you, not against you. One that helps you be more strategic, so you can spend your time on what really matters: Getting pay right.