Compensation Management Technology

redefined and built for you.

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Payfactors is a full suite of compensation management technology reimagined.

Compensation management and market data is just the beginning

The industry’s only on-demand, HRIS-sourced data solution with built-in job description management, total reward statements, a virtual community of 25,000 comp & HR pros – and, we’re just getting started.

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Market Pricing
Survey participation and management
Employee, job, and pricing information
Simplify Survey management and participation
Market data with 3 HR-reported data sources

Plus, Next level Product Innovation

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Our capabilities
Compensation management tools and analytics you can’t find anywhere else…

Our capabilities

  • Real Time Data
  • New Cap
  • Pay Equity
  • Fortune 500
  • Internal Equity
  • Self-service
  • Industry’s Only
  • Trends
  • Insights
  • Industry Specific
  • Market Data
  • Analytics
  • Tabular Reports
  • Benchmarking
  • Electronic Delivery
  • Fair Pay
  • Data Visualizations
  • Fully integrated
  • Job Movement
  • Virtual HR Community
  • On-Demand Data
  • Pay Equity Audit
  • Built-in
  • COVID data
  • Job Description Management
  • Content Library
  • Top Jobs
  • Roadmap
  • Community
  • Collaborate
  • Attract and Retain Talent
  • Wage Gap Analysis
  • Prescriptive Recommendations
  • Identifying Pay Gaps
  • Product Direction
  • Route for Approval
  • Data Centralized
  • Collaboration
  • Pay Philosophy
  • Communicate Pay
  • Trending Jobs
  • Your Peers
  • Statement Builder
  • Geo Data
  • Global Network
The only market data source that shows you where the economy is and where it’s going—not where it’s been.
  • Real Time Data
  • New Cap
  • Pay Equity
  • Fortune 500
  • Internal Equity
  • Self-service
  • Industry’s Only
  • Trends
  • Insights
  • Industry Specific
  • Market Data
  • Analytics
  • Tabular Reports
  • Benchmarking
  • Electronic Delivery
  • Fair Pay
  • Data Visualizations
  • Fully integrated
  • Job Movement
  • Virtual HR Community
  • On-Demand Data
  • Pay Equity Audit
  • Built-in
  • COVID data
  • Job Description Management
  • Content Library
  • Top Jobs
  • Roadmap
  • Community
  • Collaborate
  • Attract and Retain Talent
  • Wage Gap Analysis
  • Prescriptive Recommendations
  • Identifying Pay Gaps
  • Product Direction
  • Route for Approval
  • Data Centralized
  • Collaboration
  • Pay Philosophy
  • Communicate Pay
  • Trending Jobs
  • Your Peers
  • Statement Builder
  • Geo Data
  • Global Network
Peer
An industry-first solution to provide companies with real-time labor market data and trends, insights, analytics, and prescriptive recommendations to keep pace with the market. Peer data is refreshed daily, keeping you current and competitive and giving you the ability to choose companies by name—including 30% of the Fortune 500.
Access 5,000 job descriptions and eliminate bias in your recruiting efforts to attract top talent.
  • Real Time Data
  • New Cap
  • Pay Equity
  • Fortune 500
  • Internal Equity
  • Self-service
  • Industry’s Only
  • Trends
  • Insights
  • Industry Specific
  • Market Data
  • Analytics
  • Tabular Reports
  • Benchmarking
  • Electronic Delivery
  • Fair Pay
  • Data Visualizations
  • Fully integrated
  • Job Movement
  • Virtual HR Community
  • On-Demand Data
  • Pay Equity Audit
  • Built-in
  • COVID data
  • Job Description Management
  • Content Library
  • Top Jobs
  • Roadmap
  • Community
  • Collaborate
  • Attract and Retain Talent
  • Wage Gap Analysis
  • Prescriptive Recommendations
  • Identifying Pay Gaps
  • Product Direction
  • Route for Approval
  • Data Centralized
  • Collaboration
  • Pay Philosophy
  • Communicate Pay
  • Trending Jobs
  • Your Peers
  • Statement Builder
  • Geo Data
  • Global Network
Job Description Manager
Built-in content library and one spot to create, collaborate on and safely store all your job descriptions—without leaving the platform. Route for approval, access workflow history, compare versions side-by-side, and drag and drop content from our library of over 5,000 descriptions.
Communicate your pay philosophy and engage employees, improving retention and internal equity.
  • Real Time Data
  • New Cap
  • Pay Equity
  • Fortune 500
  • Internal Equity
  • Self-service
  • Industry’s Only
  • Trends
  • Insights
  • Industry Specific
  • Market Data
  • Analytics
  • Tabular Reports
  • Benchmarking
  • Electronic Delivery
  • Fair Pay
  • Data Visualizations
  • Fully integrated
  • Job Movement
  • Virtual HR Community
  • On-Demand Data
  • Pay Equity Audit
  • Built-in
  • COVID data
  • Job Description Management
  • Content Library
  • Top Jobs
  • Roadmap
  • Community
  • Collaborate
  • Attract and Retain Talent
  • Wage Gap Analysis
  • Prescriptive Recommendations
  • Identifying Pay Gaps
  • Product Direction
  • Route for Approval
  • Data Centralized
  • Collaboration
  • Pay Philosophy
  • Communicate Pay
  • Trending Jobs
  • Your Peers
  • Statement Builder
  • Geo Data
  • Global Network
Total Rewards Statements
With multiple options for print or electronic delivery, Total Reward Statements make communicating pay and educating your employees a breeze. Showcase your pay philosophy as a key component of your organization’s culture with a statement builder integrated right into our platform.
Get from data to decision faster, with flexible and powerful comp reporting and visualizations.
  • Real Time Data
  • New Cap
  • Pay Equity
  • Fortune 500
  • Internal Equity
  • Self-service
  • Industry’s Only
  • Trends
  • Insights
  • Industry Specific
  • Market Data
  • Analytics
  • Tabular Reports
  • Benchmarking
  • Electronic Delivery
  • Fair Pay
  • Data Visualizations
  • Fully integrated
  • Job Movement
  • Virtual HR Community
  • On-Demand Data
  • Pay Equity Audit
  • Built-in
  • COVID data
  • Job Description Management
  • Content Library
  • Top Jobs
  • Roadmap
  • Community
  • Collaborate
  • Attract and Retain Talent
  • Wage Gap Analysis
  • Prescriptive Recommendations
  • Identifying Pay Gaps
  • Product Direction
  • Route for Approval
  • Data Centralized
  • Collaboration
  • Pay Philosophy
  • Communicate Pay
  • Trending Jobs
  • Your Peers
  • Statement Builder
  • Geo Data
  • Global Network
Self-service reporting
Self-service tabular reports and customizable data visualizations bring compensation to life. Tell your compensation story with dynamic data visualizations. Dive deeper into internal equity, benchmark pricings against the market, and see top trending job movements in your industry and pay market instantly.
Join 25,000 of your peers to discuss the latest global HR trends—and shape the future of compensation.
  • Real Time Data
  • New Cap
  • Pay Equity
  • Fortune 500
  • Internal Equity
  • Self-service
  • Industry’s Only
  • Trends
  • Insights
  • Industry Specific
  • Market Data
  • Analytics
  • Tabular Reports
  • Benchmarking
  • Electronic Delivery
  • Fair Pay
  • Data Visualizations
  • Fully integrated
  • Job Movement
  • Virtual HR Community
  • On-Demand Data
  • Pay Equity Audit
  • Built-in
  • COVID data
  • Job Description Management
  • Content Library
  • Top Jobs
  • Roadmap
  • Community
  • Collaborate
  • Attract and Retain Talent
  • Wage Gap Analysis
  • Prescriptive Recommendations
  • Identifying Pay Gaps
  • Product Direction
  • Route for Approval
  • Data Centralized
  • Collaboration
  • Pay Philosophy
  • Communicate Pay
  • Trending Jobs
  • Your Peers
  • Statement Builder
  • Geo Data
  • Global Network
Community + Ideas
Access to the only virtual HR Community in the world with real-time polls, topics and your questions answered from your peers in real-time. We want to hear your ideas, always –they shape our roadmap, product direction and the bright future of compensation.
We’re an extension of your comp team—rely on us for everything from market pricing to custom reporting to pay equity.
  • Real Time Data
  • New Cap
  • Pay Equity
  • Fortune 500
  • Internal Equity
  • Self-service
  • Industry’s Only
  • Trends
  • Insights
  • Industry Specific
  • Market Data
  • Analytics
  • Tabular Reports
  • Benchmarking
  • Electronic Delivery
  • Fair Pay
  • Data Visualizations
  • Fully integrated
  • Job Movement
  • Virtual HR Community
  • On-Demand Data
  • Pay Equity Audit
  • Built-in
  • COVID data
  • Job Description Management
  • Content Library
  • Top Jobs
  • Roadmap
  • Community
  • Collaborate
  • Attract and Retain Talent
  • Wage Gap Analysis
  • Prescriptive Recommendations
  • Identifying Pay Gaps
  • Product Direction
  • Route for Approval
  • Data Centralized
  • Collaboration
  • Pay Philosophy
  • Communicate Pay
  • Trending Jobs
  • Your Peers
  • Statement Builder
  • Geo Data
  • Global Network
Consulting Offerings
Our team of experienced Compensation experts is an extention of your team. From benchmarking to market pricing to pay equity audits to salary structure development and implementation we are here to help you get ahead.
Testimonials

“We have many salary surveys that we participate in “

We have many salary surveys that we participate in, and as a healthcare organization competing in a very competitive market, we need to be able to consolidate our 20+ surveys into one space where we can easily pull data from and have easy access at any given moment.

Virginia Mason Medical Center – Joseph P.

“I’m in for Payfactors. It’s a great company and a great tool.”

I’m in for Payfactors. It’s a great company and a great tool. The people there, when I reach out to them, and I need help or I need support, it’s automatic. Six and a half months later, after going through the Payfactors experience, we were able to launch a compensation model for Jane which revolutionized the way we did talent acquisition.

Jane.com – Ethan Medeiros

“My favorite aspect of Payfactors is the focus on customer service.”

My favorite aspect of Payfactors is the focus on customer service. Everyone I’ve dealt with is so willing to help. I haven’t found anything to dislike. I have been very impressed.

TD Bank – Jennifer Mielo-Shook

“We have been thrilled with the service as well”

Payfactors have thought of every piece of compensation information you could possibly need or want. We have been thrilled with the service as well. We have not been disappointed with any part of [Payfactors] thus far.

United Airlines – Andrea Fee

“The job description module, by far, is the best in the industry.”

The job description module, by far, is the best in the industry. The ability to route job descriptions for approval is so simple and meaningful for our organization, especially when it comes to auditing. We just completed a HUGE Career Framework / Job Architecture project that we wouldn’t have been able to complete without Payfactors.

First Citizens Bank – Jason S.

“Peer offers exactly what we are looking for”

Peer offers exactly what we are looking for, and that is real-time data. We are dealing with pay equity issues that need to be addressed quickly and not months later. Using surveys is becoming an outdated method of gathering data. By the time we receive them, the data is already too old.

Stifel Financial Corp. – Eden Setterlund

“I like the ability to get market values in real time with Peer”

I like the ability to get market values in real time with Peer. For some jobs, the data is continually changing, and it can be hard to get these recent changes from traditional surveys. We can always find a benchmark in Peer.

PetSmart – Erin Stoloff, Senior Manager

“It is innovative and cool”

As far as Peer goes, we are all about it. It is innovative and cool. I feel good about the data. It is a new world, and I am impressed with the innovation.

ClassPass – Andrew Cecchetti

“Payfactors gives us confidence at Kendra Scott in how we are paying …”

Payfactors gives us confidence at Kendra Scott in how we are paying our employees

Kendra Scott