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Payfactors is a suite of cloud-based compensation data management tools, designed to be a collaborative solution for teams.

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Payfactors Features

Compensation Management Feature Questions

Reward Structuring

Define compensation packages and allowance plans within the system. Specify the various components of compensation, including base pay, bonuses, and equity. Structure compensation pools and hierarchies for continual planning.

(Based on 32 reviews)

Event Management

Coordinate new hire, transfer, promotion, and termination events within the system using rules to automatically facilitate the associated compensation adjustments.


Workflow Automation

Streamline the flow of work processes by establishing triggers and alerts that notify and route information to the appropriate people when their action is required within the compensation process.

(Based on 26 reviews)

Compensation History

Access employee compensation history and talent records when evaluating compensation adjustments to inform decision making.

(Based on 55 reviews)

Automated Compliance

Maintain compliance with corporate policies, state mandates, and federal regulations regarding compensation with built in compliance features, including automated identification and flagging of unapproved behaviors.


Performance Management Integration

Integrate employee performance data from a third-party performance management solution to supplement compensation history and establish pay-for-performance compensation structures.

(Based on 18 reviews)

Embedded Analytics

View budgetory allocations across the organization, compensation information related to individual employees or departments, and underlying compensation trends in analytics dashboards embedded in the system.

(Based on 48 reviews)

Reporting Capabilities

Create standard and ad-hoc reports of compensation data within the system. Trends and other graphical representations of data displayed by analytics dashboards can be included in reports.

(Based on 72 reviews)

Compensation Data Management

Easily import data into or export data from the system, and access employee compensation data quickly within the system. Create compensation hierarchies so that managers can access relevant team information.

(Based on 77 reviews)


Extend compensation configurations around the globe using flexible location profiles, multiple language options, and automatic currency conversion tools within the system.

(Based on 24 reviews)



Allows administrators to customize to accomodate their unique processes. Includes ability to create custom objects, fields, rules, calculations, and views.

(Based on 29 reviews)

Integration APIs

Application Programming Interface - Specification for how the application communicates with other software. API's typically enable integration of data, logic, objects, etc with other software applications.

(Based on 11 reviews)


Enables users to view and transact business with the same content in multiple languages and currencies.

(Based on 20 reviews)

User, Role, and Access Management

Grant access to select data, features, objects, etc. based on the users, user role, groups, etc.

(Based on 41 reviews)

Performance and Reliability

Software is consistently available (uptime) and allows users to complete tasks quickly because they are not waiting for the software to respond to an action they took.

(Based on 44 reviews)

Mobile User Support

(Based on 7 reviews)


Enables reporting of all data contained within the system. Typically contains standard reports as well as the ability to create ad-hoc reports.

(Based on 42 reviews)


An easy to read, often single page, real-time user interface, showing a graphical presentation of the current status and historical trends of an organization’s Key Performance Indicators (KPIs) to enable instantaneous and informed decisions to be made at a glance

(Based on 43 reviews)