Compensation software automates, organizes, and simplifies complex compensation planning and enables managers to increase accuracy, improve budget allocations, and align compensation decisions with organizational guidelines. Enterprises are implementing compensation software to make better compensation decisions while reducing compensation cycle times with up-to-date, accurate, and auditable processes. The adoption of compensation software is increasing in small enterprises and startups because it shortens compensation cycles for the most complex compensation planning. The software employs automated and wizard-based workflows that eliminate time-intensive and ineffective manual processes. Compensation software eliminates the use of spreadsheets with an easy-to-use compensation planning tool. Compensation software offers a centralized, error-free, and auditable tool for HR and line managers, which helps to eliminate costly calculation errors.

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by Product

7 Market Segmentation by Application

8 Customer Landscape

9 Geographic Landscape