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MarketPay

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Last updated on

Ratings

G2
4.4/5
(218)

MarketPay description

MarketPay is a global compensation management software designed for mid-size to large companies. It allows you to manage salary surveys, benchmark jobs against market data, model different pay scenarios, and analyze workforce compensation trends. The software combines Payscale's salary data with your internal information to provide a comprehensive view of your company's pay competitiveness. This helps you make informed decisions about salaries, budgets, and pay equity.


Who is MarketPay best for

MarketPay is a global compensation management software designed for mid-size to large businesses. It helps manage salary surveys, benchmark jobs, model pay scenarios, and analyze compensation trends. Users love its centralized platform and helpful customer support. However, some find the search and reporting functionalities challenging. MarketPay combines Payscale's data with internal info for a comprehensive view of pay competitiveness.

  • Best fit for medium to large enterprises seeking to optimize compensation strategies.

  • Ideal for Finance, Healthcare, Real Estate, Software/IT, Professional Services, and Non-profit/Government organizations.


MarketPay features

Supported

MarketPay offers a large salary database and market insights for compensation decisions.

Supported

MarketPay supports salary benchmarking, pay equity analysis, and compensation planning.

Supported

Payscale supports salary benchmarking, but not under the name "MarketPay".

Qualities

We evaluate the sentiment that users express about non-functional aspects of the software

Value and Pricing Transparency

Strongly positive
+0.75

Customer Service

Rather positive
+0.64

Ease of Use

Rather positive
+0.58

Reliability and Performance

Rather positive
+0.67

Ease of Implementation

Neutral
+0

Scalability

Strongly positive
+1

MarketPay reviews

We've summarised 203 MarketPay reviews (MarketPay G2 reviews) and summarised the main points below.

Pros of MarketPay
  • Centralized platform for job and pricing data management across multiple countries and currencies
  • Facilitates creation and modification of salary structures
  • Useful for market matching and staying competitive
  • Excellent customer support; responsive and helpful team
Cons of MarketPay
  • Difficult to search for relevant market data
  • Survey participation features oversold
  • Inefficient search function in market pricing; lacks relevancy sorting
  • Reporting module complex and difficult to understand

MarketPay pricing

The commentary is based on 20 reviews from MarketPay G2 reviews.

MarketPay is a compensation management platform offered by Payscale. No pricing information could be found on the website.

Users sentiment

Neutral
+0

See the MarketPay pricing page.


MarketPay alternatives

  • Logo of BetterComp
    BetterComp
    Fair, competitive pay, data-driven. Modern compensation planning.
    Read more
  • Logo of CandorIQ
    CandorIQ
    Fair, transparent compensation planning and benchmarking.
    Read more
  • Logo of Salary.com
    Salary.com
    Know your worth. Fair pay. Data-driven salary insights.
    Read more
  • Logo of Carta Total Comp
    Carta Total Comp
    Benchmark and manage fair equity and salary.
    Read more
  • Logo of Comprehensive
    Comprehensive
    Fair, transparent compensation management, simplified.
    Read more
  • Logo of Ravio
    Ravio
    Real-time salary data and market benchmarks for fair, competitive pay.
    Read more

MarketPay FAQ

  • What is MarketPay and what does MarketPay do?

    MarketPay is a global compensation management software for mid-size to large businesses. It helps manage salary surveys, benchmark jobs, model pay scenarios, and analyze compensation trends, enabling data-driven decisions about salaries, budgets, and pay equity. It combines Payscale's salary data with internal company information.

  • How does MarketPay integrate with other tools?

    MarketPay integrates with Payscale's compensation data and internal HR systems. It centralizes job and pricing data across multiple countries and currencies, enabling streamlined salary structure creation and modification. This facilitates market matching and competitive compensation analysis.

  • What the main competitors of MarketPay?

    Alternatives to MarketPay include Payfactors, Figures, and ADP Workforce Now. Payfactors offers similar compensation management features. Figures focuses on European markets, and ADP Workforce Now provides a broader HR suite including payroll and benefits.

  • Is MarketPay legit?

    MarketPay is a legitimate compensation management software. Reviews on G2 rate it 4.4/5, praising its centralized platform and helpful customer support. However, some users find the search and reporting functionalities difficult to use. Consider these factors to determine if MarketPay is safe and suitable for your needs.

  • How much does MarketPay cost?

    MarketPay doesn't publicly disclose pricing information. Contact their sales team for a custom quote based on your specific business needs and transaction volume. Consider requesting a product demo to evaluate if MarketPay is worth it for your organization.

  • Is MarketPay customer service good?

    MarketPay's customer service receives positive feedback overall. Users highlight the responsiveness and helpfulness of the support team and account managers. However, some have experienced difficulty with problem resolution and online-only support.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

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.

TT
Tymon Terlikiewicz
CTO at Gralio

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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