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Best Salary Benchmarking Software for Medium-Sized Businesses

Grace Savides
GS
Researched and written by Grace Savides

Products classified in the overall Salary Benchmarking category are similar in many regards and help companies of all sizes solve their business problems. However, medium-sized business features, pricing, setup, and installation differ from businesses of other sizes, which is why we match buyers to the right Medium-Sized Business Salary Benchmarking to fit their needs. Compare product ratings based on reviews from enterprise users or connect with one of G2's buying advisors to find the right solutions within the Medium-Sized Business Salary Benchmarking category.

In addition to qualifying for inclusion in the Salary Benchmarking Software category, to qualify for inclusion in the Medium-Sized Business Salary Benchmarking Software category, a product must have at least 10 reviews left by a reviewer from a medium-sized business.

G2 takes pride in showing unbiased reviews on user satisfaction in our ratings and reports. We do not allow paid placements in any of our ratings, rankings, or reports. Learn about our scoring methodologies.

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Salary Benchmarking Software Quick Facts for Medium-Sized Business Users

Content below is current as of June, 2024
Summary of Reviews

Reviews Summary: The Best Salary Benchmarking Software for Medium-Sized Businesses

At G2 we have some of the most definitive data on the best Salary Benchmarking software for medium-sized businesses. G2 users have generated 217 Salary Benchmarking software reviews and associated data from users working for mid-size companies. We have identified 25 individual Salary Benchmarking products offering the features, pricing and support that medium-sized companies look for when comparing Salary Benchmarking software and solutions. These reviews are generated using the qualitative and quantitative feedback from G2 members working in medium-sized companies and who have used these Salary Benchmarking software products.

When G2 reviewers submit their software reviews, they often provide information on the type of company they work for and what market segment they belong to. We break these different market segments into three distinct groups:

Medium-sized businesses have their own unique requirements when it comes to Salary Benchmarking software compared to small or enterprise companies. That is why these individual software reviews are especially helpful when comparing product set up, ease of use and overall cost.

Below you will find FAQs and review snippets for Salary Benchmarking software that works well for mid-market companies. Reviews are written by G2 users with real-world experience using these products.

FAQs About Salary Benchmarking Software for Medium-Sized Businesses

What are the best Salary Benchmarking software products for mid-size businesses, according to G2 reviewers?

  • Salary.com - 4.4-stars, 105 reviews from reviewers at mid-size companies.
  • Payfactors - 4.3-stars, 53 reviews from reviewers at mid-size companies.
  • MarketPay - 4.4-stars, 31 reviews from reviewers at mid-size companies.
  • Compensation Tool - 4.1-stars, 10 reviews from reviewers at mid-size companies.
  • Ravio - 4.7-stars, 6 reviews from reviewers at mid-size companies.

What Salary Benchmarking software products do reviewers from mid-market companies like most?

  • Salary.com - 4.4-stars, 105 reviews from reviewers at mid-market companies.

Which Salary Benchmarking software products do medium-sized companies rate the highest on G2?

  • Salary.com - 4.4-stars according to 105 professionals at medium-sized businesses.
  • MarketPay - 4.4-stars according to 31 professionals at medium-sized businesses.
  • Payfactors - 4.3-stars according to 53 professionals at medium-sized businesses.

How many Salary Benchmarking software reviews are from users working in medium-sized businesses?

The 217 reviews for mid-size Salary Benchmarking service providers on G2 vary often. Specific review details for the nearly 25 Salary Benchmarking providers can be found below.

Here’s What Reviewers Working at Mid-Market Businesses Have to Say About Salary Benchmarking Software

Questions Responses
Here is what professionals in mid-size businesses liked best about Salary Benchmarking software products.
Salary.com: "pay data by area is useful for creating pay scale by branch"
- Hikari K., Mid-Market (51-1000 emp.)

Payfactors: "Payfactors is very user friendly compared to other tools I have used."
- Jeanne W., Human Resources Professional , Mid-Market (51-1000 emp.)

Arcoro: "The ease of use. I can post a job very quickly."
- Desiree S., HR Generalist at US Engineering, Mid-Market (51-1000 emp.)

Here is what professionals in mid-size businesses liked least about Salary Benchmarking software products.
Payfactors: "Hard to match their roles with your roles, to make sure you are comparing apples to apples"
- Marisa G., Mid-Market (51-1000 emp.)

Arcoro: "I strongly dislike that there are no "sticky screens""
- Kelly M., Photographer | Human Resources at Kraemer North America, Mid-Market (51-1000 emp.)

Salary.com: "Implementation is challenging to say the least. The comp analyst offering is fine if you are partnered with the right team; however, the consulting group is very tough to deal with. Collectively, the consulting team is not responsive and doesn't provide a clear picture of what is being done."
- Meghan H., Talent Acquisition Leader, Mid-Market (51-1000 emp.)

These are what professionals in medium-sized businesses recommend to others considering Salary Benchmarking software.
Salary.com: "More detail in position overview"
- Unanet Recruiter - A., Unanet develops and provides web-based software to improve the performance of project-based organizations. , Mid-Market (51-1000 emp.)

Payfactors: "Great tool & great support staff! and if you can't find a job, they will price it for you!"
- Jeanne W., Human Resources Professional , Mid-Market (51-1000 emp.)

Arcoro: "It truly is as easy as they say it is to set up and use. I was not sure, but I am a believer now!"
- Laurie I., VP Human Resources at SpawGlass Construction, Mid-Market (51-1000 emp.)

These are the problems users said the software was solving and how it is benefiting them in mid-size companies.
Salary.com: "creating a new pay scale from scratch."
- Hikari K., Mid-Market (51-1000 emp.)

Payfactors: "I'm confident in the market data that allows me to not only identify where employees should be paid in each of my markets, but gives me the tools & he back up data to explain it to them."
- Jeanne W., Human Resources Professional , Mid-Market (51-1000 emp.)

Arcoro: "the need for a consistent onboarding experience"
- Desiree S., HR Generalist at US Engineering, Mid-Market (51-1000 emp.)

Reviews by Industry: Information Technology and Services, Financial Services, and Computer Software

Reviews by Industry: Salary Benchmarking Software for Mid-Size Companies

G2 currently has 166 Salary Benchmarking software reviews from users working in medium-sized companies across multiple industries. These reviews and associated data help G2 provide those working in mid-size companies find the right Salary Benchmarking software products for their specific industry. Features, support, and usability needs differ from industry to industry, making it a challenge to find the best Salary Benchmarking software for medium-sized businesses.

The Salary Benchmarking software reviews and FAQs below were chosen specifically because they reflect the experiences of G2 users working at medium-sized companies in industries that commonly use Salary Benchmarking software.

Industry-Specific Salary Benchmarking Software FAQs for Mid-Market Businesses

Which industries are most medium-sized business Salary Benchmarking software reviewers working in?

  • 9.7% of reviewers work at Information Technology and Services companies.
  • 6.9% of reviewers work at Financial Services companies.
  • 6.6% of reviewers work at Computer Software companies.

Which Salary Benchmarking software products are the best for medium-sized Information Technology and Services companies?

  • Salary.com is rated 4.4-stars and has 105 reviews from professionals at medium-sized companies.
  • MarketPay is rated 4.4-stars and has 31 reviews from professionals at medium-sized companies.
  • Payfactors is rated 4.3-stars and has 53 reviews from professionals at medium-sized companies.

Which Salary Benchmarking software products are the best for mid-size Financial Services companies?

  • Barley is rated 4.5-stars with 5 reviews from mid-size company professionals.
  • Salary.com is rated 4.4-stars with 105 reviews from mid-size company professionals.
  • Payfactors is rated 4.3-stars with 53 reviews from mid-size company professionals.

Which Salary Benchmarking software products are the best for mid-market Computer Software companies?

  • Ravio: 4.7-stars, 6 reviews from reviewers at mid-market companies.
  • Salary.com: 4.4-stars, 105 reviews from reviewers at mid-market companies.
  • Payfactors: 4.3-stars, 53 reviews from reviewers at mid-market companies.

What titles do the Salary Benchmarking software reviewers have at their mid-size businesses?

G2 users who review Salary Benchmarking products for mid-market companies often have titles like:

  • Human Resources Professional
  • HR Generalist at US Engineering

Medium-Sized Business Salary Benchmarking Software Reviews from Popular Industries

Below you will learn what reviewers from medium-sized companies liked and disliked about the Salary Benchmarking software products that are popular in their industries.

Industry What Reviewers from Medium-Sized Businesses Liked What Reviewers from Medium-Sized Businesses Disliked
Information Technology and Services
Salary.com: "I love the job levels on Salary.com. It is easy to determine jr, sr, manager, director, etc levels!"
- Laura W., Mid-Market (51-1000 emp.)

Payfactors: "Hard to match their roles with your roles, to make sure you are comparing apples to apples"
- Marisa G., Mid-Market (51-1000 emp.)

Financial Services
Payfactors: "Pay factors is easy to use once you know how to set up your study. It is very helpful that you can chose as many positions as you need to compare for pricing your position."
- Erin H., Sr. VP of Administration and Human Resources, Mid-Market (51-1000 emp.)

Payfactors: "Accessing that data is extremely unfriendly."
- , Mid-Market (51-1000 emp.)

Computer Software
Salary.com: "The ability to use the salary data for new roles and annual salary reviews. It ensures we are paying employees equitably"
- Kim U., Human Resources Generalist at RF-SMART, Mid-Market (51-1000 emp.)

Salary.com: "Implementation is challenging to say the least. The comp analyst offering is fine if you are partnered with the right team; however, the consulting group is very tough to deal with. Collectively, the consulting team is not responsive and doesn't provide a clear picture of what is being done."
- Meghan H., Talent Acquisition Leader, Mid-Market (51-1000 emp.)

Reviews by Features

Salary Benchmarking Software Feature Reviews from Professionals at Medium-Sized Businesses

Knowing the features of any software tool, app or platform are crucial when you are a professional working at a mid-size company. That’s why G2 has users from medium-sized businesses review the 86 features of popular Salary Benchmarking software products for quality, usability, and support. These Salary Benchmarking software features are analyzed and rated throughout the 155 Salary Benchmarking software reviews created by G2 users. Detailed, market segment-specific feedback can help you determine if a particular Salary Benchmarking software product has the attributes and functionality best for your market segment.

There are standard features across all the Salary Benchmarking software products reviewed on G2. Below we’ve listed the highest-rated standard features of Salary Benchmarking software products along with some of the core attributes that help drive the performance of those features:

  • Workforce Management Platform Features (86% average rating)
    • Mobile Shift Scheduling (91% rating)
    • Time & Attendance Tracking (90% rating)
    • Workforce Analytics (89% rating)
  • Benefits Administration Platform Features (85% average rating)
    • Benefits Dashboards (90% rating)
    • Regulatory Compliance (89% rating)
    • Total Compensation Statements (88% rating)
  • Basics (82% average rating)
    • Performance (85% rating)
    • Reporting (82% rating)
    • Interoperability (76% rating)

Salary Benchmarking Software Features FAQs from Professionals at Mid-Market Companies

Below you will find answers to frequently asked questions about the features of Salary Benchmarking Software asked by G2 reviewers working at mid-size companies.

What are the most important Salary Benchmarking software features for mid-market companies and professionals?

  • Time & Attendance Tracking - 22 G2 reviews and a 90% rating.
  • Workforce Analytics - 18 G2 reviews and a 89% rating.
  • Team Communication - 18 G2 reviews and a 87% rating.
  • Skills Management - 17 G2 reviews and a 89% rating.
  • Shift Scheduling - 17 G2 reviews and a 86% rating.

What are the best Salary Benchmarking software products with Time & Attendance Tracking features for medium-sized companies?

  • Arcoro 3.9-star rating from 0 reviews.

What are the best Salary Benchmarking software products with Workforce Analytics features for medium-sized businesses?

  • Arcoro 3.9-star rating from 0 reviews.

What are the best Salary Benchmarking software products with Team Communication features for mid-market companies?

  • Arcoro 3.9-star rating from 0 reviews.

What are the best Salary Benchmarking software products with Skills Management features for mid-size companies?

  • Arcoro 3.9-star rating from 0 reviews.

What are the best Salary Benchmarking software products with Shift Scheduling features for mid-size companies?

  • Arcoro 3.9-star rating from 0 reviews.

Below are the Salary Benchmarking software features that G2 reviewers from medium-sized businesses like best and least for the top-rated products.

Product Highest Rated Features Lowest Rated Features
Compport Compensation Management Here are three features users from mid-market companies love the most about Compport Compensation Management:

  • Platform
  • Benchmarking and Equity - Compensation Management
  • Risk Mitigation
Here are three features users from medium-sized businesses love the least about Compport Compensation Management:

  • Advanced Features - Salary Benchmarking Software
  • Analytics
  • Auditing - Salary Benchmarking Software
OpenComp Here are three features users from mid-market companies love the most about OpenComp:

  • Platform
  • Platform - Compensation Planning
  • Generative AI
Here are three features users from medium-sized businesses love the least about OpenComp:

  • Advanced Features - Salary Benchmarking Software
  • Auditing - Salary Benchmarking Software
  • Benchmarking and Equity - Compensation Management
Barley Here are three features users from mid-market companies love the most about Barley:

  • Benchmarking and Equity - Compensation Management
  • Platform
  • Platform - Compensation Planning
Here are three features users from medium-sized businesses love the least about Barley:

  • Advanced Features - Salary Benchmarking Software
  • Auditing - Salary Benchmarking Software
  • Core Features - Salary Benchmarking Software
HRSoft Compensation Management Here are three features users from mid-market companies love the most about HRSoft Compensation Management:

  • Platform
  • Benchmarking and Equity - Compensation Management
  • Generative AI
Here are three features users from medium-sized businesses love the least about HRSoft Compensation Management:

  • Advanced Features - Salary Benchmarking Software
  • Auditing - Salary Benchmarking Software
  • Core Features - Salary Benchmarking Software
Salary.com Here are three features users from mid-market companies love the most about Salary.com:

  • Benchmarking and Equity - Compensation Management
  • Basics
  • Analytics
Here are three features users from medium-sized businesses love the least about Salary.com:

  • Advanced Features - Salary Benchmarking Software
  • Auditing - Salary Benchmarking Software
  • Core Features - Salary Benchmarking Software