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CompXL description
CompXL, now owned by Salary.com, is a customizable compensation management software designed for mid-sized businesses. It helps automate salary increases, bonuses, and long-term rewards by replacing manual spreadsheets and emails. CompXL allows for flexible budgeting, branded salary letters, and multi-currency support, making it suitable for companies with complex compensation needs.
Who is CompXL best for
CompXL, now part of Salary.com, is compensation management software tailored for mid-sized companies. User reviews highlight its configurability and automation of processes like salary increases and bonuses. While some find the Excel-based architecture a bit dated, the responsive customer support and scalability are generally well-received. We think this is a good option if you have outgrown basic spreadsheets, especially if you're in Software, IT or Telecoms industries.
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Perfect for mid-sized firms (100-1,000 employees) ready to ditch spreadsheets for automated compensation management.
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We find it's a strong fit for Software, IT, and Telecoms, especially those grappling with intricate compensation structures.
CompXL features
Supported Budgeting: Allows for defining and managing budgets for compensation, including pool-based budgets, position-based prorations, and departmental budgets. |
Supported Multi-currency support: Supports compensation planning in multiple currencies, enabling global organizations to manage compensation effectively. |
Supported Branded salary letters: Enables the creation and distribution of personalized salary adjustment letters that reflect the company's branding and total rewards strategy. |
Supported Manager self-service: Provides managers with self-service capabilities to participate in compensation planning, both online and offline, enhancing efficiency and collaboration. |
Supported Targeted incentive compensation: Allows for targeted incentive compensation based on various factors and performance metrics, enabling flexible reward strategies. |
Supported Spreadsheet formula engine: Supports a spreadsheet formula engine, enabling users to retain existing layouts and formulas, ensuring a smooth transition and minimizing disruption. |
We evaluate the sentiment that users express about non-functional aspects of the software
Ease of Use
Scalability
CompXL reviews
We've summarised 74 CompXL reviews (CompXL G2 reviews) and summarised the main points below.
- Highly configurable and flexible, accommodating complex compensation plans.
- Excellent customer support, praised for responsiveness and knowledge.
- Streamlines and automates compensation processes, from planning to letters.
- Easy to use for managers, with minimal training required.
- Scalable and adaptable to evolving needs.
- The Excel-based architecture can feel antiquated, especially with custom formulas.
- The end-user interface could be more engaging and dynamic.
- Admin backend isn't user-friendly.
- Limited self-service options for admin tasks like password changes and user management.
- Reporting and dashboards could be improved with better data visualization and customization options.
CompXL alternatives
CompXL FAQ
CompXL, by Salary.com, helps mid-sized businesses automate compensation. We find it streamlines salary increases, bonuses, and rewards by replacing manual processes with flexible budgeting, branded letters, and multi-currency support. It's ideal for companies with complex compensation needs.
What is CompXL and what does CompXL do?
CompXL, by Salary.com, helps mid-sized businesses automate compensation. We find it streamlines salary increases, bonuses, and rewards by replacing manual processes with flexible budgeting, branded letters, and multi-currency support. It's ideal for companies with complex compensation needs.
We find that CompXL integrates seamlessly with existing spreadsheet software and supports custom formulas, which can simplify the transition from manual compensation processes. There's no specific information available regarding integrations with other tools.
How does CompXL integrate with other tools?
We find that CompXL integrates seamlessly with existing spreadsheet software and supports custom formulas, which can simplify the transition from manual compensation processes. There's no specific information available regarding integrations with other tools.
We find that CompXL's main competitors include SimplyMerit, OpenComp, Comprehensive, and Figures. These alternatives offer similar compensation management solutions, often with a focus on fair and transparent pay practices. Glassdoor and eQuest, while related to HR, are not direct competitors as they focus on different aspects of talent management.
What the main competitors of CompXL?
We find that CompXL's main competitors include SimplyMerit, OpenComp, Comprehensive, and Figures. These alternatives offer similar compensation management solutions, often with a focus on fair and transparent pay practices. Glassdoor and eQuest, while related to HR, are not direct competitors as they focus on different aspects of talent management.
CompXL, now under Salary.com, appears to be a legitimate and functional compensation management software. We find that user reviews are generally positive, highlighting its flexibility and customer support. However, some users find the interface outdated.
Is CompXL legit?
CompXL, now under Salary.com, appears to be a legitimate and functional compensation management software. We find that user reviews are generally positive, highlighting its flexibility and customer support. However, some users find the interface outdated.
I'm sorry, but pricing information for CompXL is not available at this time. We recommend checking their website or contacting their sales team directly for the most up-to-date pricing details.
How much does CompXL cost?
I'm sorry, but pricing information for CompXL is not available at this time. We recommend checking their website or contacting their sales team directly for the most up-to-date pricing details.
We find that CompXL's customer service is generally considered excellent. Users consistently praise the responsiveness and knowledge of the support team, describing them as helpful, efficient, and able to provide different perspectives. While some backend usability issues exist, the positive feedback on customer service is overwhelming.
Is CompXL customer service good?
We find that CompXL's customer service is generally considered excellent. Users consistently praise the responsiveness and knowledge of the support team, describing them as helpful, efficient, and able to provide different perspectives. While some backend usability issues exist, the positive feedback on customer service is overwhelming.
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.
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