Best Pay Equity Software with a Free Trial of 2025

Parity Software has simplified the complex pay equity process into an automated system, allowing you to confidently ensure that your employees receive fair compensation. Organizations that cultivate equitable environments are more likely to retain workers who feel appreciated, respected, inspired, and motivated to achieve their utmost potential. By automatically categorizing similar roles and conducting a pay analysis, Parity Software enables you to swiftly and objectively maintain internal pay equity throughout your organization, even as your team expands and changes. We assist in securing compliance and minimizing risks associated with pay disparities. Furthermore, when employees perceive fairness in their compensation, they are less inclined to seek opportunities elsewhere. By working together, we can create a transparent culture that builds trust and reinforces the importance of equitable pay within your organization. This commitment not only enhances employee satisfaction but also strengthens overall company morale.

Identify, assess, and rectify possible wage inequalities based on race and gender among comparable employees by examining their individual salary records. Swiftly implement necessary adjustments to address any instances of discrimination and establish a just Reduction-In-Force (RIF) strategy that minimizes the risk of legal challenges during layoffs and furloughs. EquityPath RIF is a web-based tool tailored specifically for evaluating equity concerns related to RIF situations, such as layoffs and furloughs. It features an engaging user interface, advanced econometric models, and an accessible dashboard to pinpoint, quantify, and rectify potential discriminatory practices across various races and genders among similar jobholders. With EquityPath RIF, organizations can promptly respond to emerging discrimination issues and create a RIF framework that is not only fair but also reduces the likelihood of litigation, ultimately fostering a more equitable workplace environment. This software empowers employers to address complex equity challenges with confidence and clarity.

Decusoft Compose is the future of compensation automation. A secure, web-based, centralized platform for compensation professionals that powers your compensation planning, administration, management. The voice of the compensation professional is heard, from product design to service delivery and product development. Decusoft developed Compose to simplify the administration of variable pay programs, including Merit, Bonus and Short-term incentives. Compose is not a traditional modular software suite. Compose is a flexible, scalable, and configured solution that can be integrated with your existing human resource management system.

Acquire the knowledge and assurance needed to accurately determine salaries using up-to-date, validated compensation data combined with advanced, AI-driven salary management tools. Transform and streamline the compensation process with Payfactors, a robust and adaptable comprehensive solution for managing compensation in any business setting. Enhance your effectiveness in salary management through Insight Lab, a user-friendly and smart platform tailored for constructing pay frameworks, administering merit increases, and overseeing pay equity. We are dedicated to guaranteeing precise compensation by offering trustworthy salary market information that is consistently aligned with authentic data sources. Payscale's innovative software solutions are crafted and continuously refined to address the evolving pay challenges faced by today’s workforce, fostering a more equitable and transparent compensation landscape. This commitment to innovation ensures that organizations are equipped to navigate the complexities of compensation with confidence and clarity.

TeamOhana is an innovative platform designed for managing headcount in businesses that are rapidly evolving. It consolidates all employee data and processes into a singular collaborative tool. With this platform, users can achieve precise forecasts for headcount by integrating information from various systems. It simplifies connectivity through one-click integrations, ensuring that all key stakeholders gain real-time insights into the headcount management workflow. Users can monitor both anticipated and unexpected requests and modifications regarding headcount. The platform also streamlines the reconciliation of data from your ATS, HRIS, and planning systems, allowing for dynamic adjustments to financial projections. By centralizing headcount and compensation information, organizations can effectively analyze factors such as span of control, diversity, and pay equity. This empowers teams to strategically plan for future growth with assurance. Additionally, only roles that have been pre-approved by Finance and HR can be worked on, linking approved headcount directly to open positions within your ATS. The platform enables users to track the hiring process from job openings to offer acceptance, providing comprehensive visibility into all approved hires throughout the recruitment lifecycle. Furthermore, TeamOhana enhances decision-making by allowing organizations to adapt to changes swiftly and efficiently.

Barley simplifies the organization, analysis, and management of compensation throughout your organization while providing insights into evolving salary patterns. Establish a uniform compensation framework across your enterprise, ensuring you have the necessary context for informed, data-driven salary decisions. Conduct compensation assessments in a shorter timeframe and with greater assurance, as your talent team remains attuned to shifts in the market. Utilize the information they gather to monitor current pay trends effectively within your industry. Stay aligned with the latest salary expectations of your candidates. Relying on spreadsheets for compensation management can be incredibly time-consuming, but Barley’s automated workflows enhance efficiency in every aspect of your compensation process, allowing you to concentrate on what truly matters: your workforce and your objectives. Your employees are not only your largest asset but also your greatest expense. With Barley, you gain complete oversight of your hiring and merit increase budgets, enabling you to invest in areas that will yield the most significant benefits for your organization. Ultimately, this leads to a more strategic approach to talent management.

Enhance your competitiveness by rewarding your employees with advanced compensation planning tools that facilitate comprehensive execution. Explore role-specific insights and develop achievable compensation models for your total rewards framework. PeopleFluent’s Compensation Planning software empowers you to elevate your strategy beyond mere figures and financial constraints. Attract and retain exceptional talent, strengthen your employer reputation, and enhance your competitive advantage while demonstrating genuine appreciation for your team. Navigating compensation discussions can be sensitive, making it essential to centralize and secure this information. With PeopleFluent’s Compensation Planning software, you can automate and oversee your employee compensation initiatives from a single, secure platform, allowing for streamlined modeling, budgeting, and approvals. While compensation strategies might seem straightforward if they focused solely on salaries, the inclusion of bonuses, incentives, and benefits adds layers of complexity to total rewards. PeopleFluent simplifies these intricacies, enabling you to deliver and communicate rewards equitably to your workforce. This ensures that your compensation strategies are not only efficient but also aligned with the values of your organization.

Compport is a SaaS-based solution that manages all your compensation plans. This includes candidate offers, annual/adhoc salaries review, bonus/incentive plans (customized for clients needs), long term incentive plans and Rewards and Recognition schemes. It is a 100% modular solution that allows users to design single or multiple compensation plans with 100% flexibility. They can then compare and assess the budget and impact upfront, launch it to line managers to review the salary components for their respective teams, and then allow communication with employees via a digital form to allow access to letters and total rewards statements. It assists organizations in achieving the following: • Superior efficiency up to 90% in all compensation processes • 100% flexibility in comp modeling and agility • Leaders, managers, and HR can make better decisions • Empowered culture through cascading decisions to the right stakeholders with the controls needed