Best Compensation Management Software

Compare the Top Compensation Management Software as of November 2025

What is Compensation Management Software?

Compensation management software helps businesses plan, manage, and optimize employee salaries, bonuses, incentives, and benefits. It streamlines payroll processes, ensures compliance with labor laws, and enhances transparency in compensation decisions. The software integrates with HR and finance systems to automate salary adjustments, performance-based rewards, and budget allocations. Advanced features may include analytics, benchmarking tools, and AI-driven recommendations for competitive pay structures. By improving efficiency and fairness, compensation management software supports employee satisfaction and retention while aligning compensation strategies with business goals. Compare and read user reviews of the best Compensation Management software currently available using the table below. This list is updated regularly.

  • 1
    HRWize

    HRWize

    Diabsolut

    HRWize is a rapidly growing SaaS based HRIS platform, a part of the Diabsolut Inc. group of companies, with offices in Montreal, Toronto & Boston. Designed by HR professionals, HRWize provides full lifecycle HR management from recruiting to offboarding. With a dedicated service team of accredited HR professionals, we help you streamline your HR processes and operations throughout your implementation journey and beyond.
    Starting Price: $9.00/month/user
  • 2
    UKG Pro
    UKG Pro is our award-winning human capital management (HCM) solution that helps simplify complex HR processes and provide powerful insights about your workforce. Marrying deep functionality and artificial intelligence (AI) technology with an intuitive, best-in-class user interface, UKG Pro makes it easier for HR and business leaders to optimize performance and improve work experiences for their people. From big-picture data to zooming in to the individual employee’s journey in a matter of seconds—UKG Pro can support even the most complex organizational needs in HR, payroll, time, and talent. Gain one, comprehensive view of all your employee data, including insight into your global teams. Discover the most powerful payroll engine in the industry today, and simplify the most complex tax processes. Deliver a personalized, candidate-centric experience to potential employees, and make it easier for recruiters to assess the right fit.
  • 3
    Empxtrack

    Empxtrack

    Empxtrack

    Empxtrack is a people centric software that focusses on workforce productivity. It offers easy to use self configurable HR solutions with powerful interface for all your HR needs. Comprehensive, yet easy to use platform that offers Performance Management, Recruitment, Employee Scheduling, Database, Self services and more. Trusted by over 10,000+ SMBs, Empxtrack offers ready to start products for FREE Free HR offerings include Appraisal, 360 Feedback, HR portal, Payroll and Exit, Attendance, Leave etc. at no cost. The software helps in establishing a culture of continuous performance improvement for employees. The highly customizable and configurable software encourages top performers and gets the most out of your marginal contributors. Empxtrack also offers Enterprise Solutions that are Easy-to-use, highly Configurable and Affordable, Numerous customization options, Multiple workflows, Reports & Analytics, Ready to use templates, Integrations with HR tools and more.
    Starting Price: Free
  • 4
    TimeTrex

    TimeTrex

    TimeTrex

    Rules can be automatically applied to specific employees or situations to automate all calculations, including overtime, premiums and multiple pay rates! Managers can remotely monitor and get up to the second reports regarding employee time and attendance, from anywhere at anytime. Eliminate waiting until the end of the pay period to review attendance records. Setup an unlimited number of accruals to automatically track employee vacations, sick days or banked time. Employees can also see their own accrual balances, eliminating time-consuming requests to human resources to lookup that information. Management has fine-grained control and tracking over where employees are able to punch in/out from, including down to the device and GEO fence level. Allocate time to jobs / tasks and track employee expenses while in the field. Handle employee skills / qualifications and process payroll with just a few clicks.
    Starting Price: $2.90 per month
  • 5
    Joopy

    Joopy

    Incentives Solutions

    JOOPY is a leading cloud-based Sales Performance Management (SPM) platform, which enables global sales organizations to increase their sales and improve their profitability. JOOPY enables tier 1 sales organizations to manage their entire product categories under a unified platform, combining identical operational processes and policies and providing the enterprise's sales channels (internal and external) a web portal to increase engagement and strengthen their relations with the organization for optimized business results. JOOPY introduces a 'Sales Channel' facing approach to motivate the entire distribution network to achieve its goals and objectives, thus enabling the global sales organization to successfully translate its strategic goals into operational sales targets and objectives.
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