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Compare MarketPay and Payfactors

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At a Glance
MarketPay
MarketPay
Star Rating
(218)4.3 out of 5
Market Segments
Enterprise (85.2% of reviews)
Information
Entry-Level Pricing
No pricing available
Learn more about MarketPay
Payfactors
Payfactors
Star Rating
(593)4.2 out of 5
Market Segments
Enterprise (59.8% of reviews)
Information
Entry-Level Pricing
No pricing available
Learn more about Payfactors
AI Generated Summary
AI-generated. Powered by real user reviews.
  • Users report that Payfactors excels in "Quality of Support" with a score of 8.9, while MarketPay follows closely with 8.6. Reviewers mention that Payfactors' support team is responsive and knowledgeable, making it easier to resolve issues quickly.
  • Reviewers mention that MarketPay shines in "Performance" with a score of 8.9 compared to Payfactors' 8.3. Users on G2 highlight that MarketPay's system runs smoothly even under heavy loads, which is crucial for large enterprises.
  • Users say that Payfactors offers superior "Compensation Data Management" with a score of 8.5, while MarketPay scores 8.7. Reviewers mention that Payfactors provides more intuitive tools for managing and analyzing compensation data effectively.
  • G2 users report that MarketPay has better "Internationalization" capabilities, scoring 8.4 compared to Payfactors' 7.3. Users mention that MarketPay's features are more adaptable for global companies, making it easier to manage compensation across different regions.
  • Reviewers mention that Payfactors has a more user-friendly "Dashboard" experience, scoring 8.2, while MarketPay scores 7.6. Users say that the layout and accessibility of information in Payfactors' dashboard make it easier to navigate and extract insights.
  • Users on G2 report that MarketPay's "Reporting Capabilities" are superior, with a score of 8.4 compared to Payfactors' 8.0. Reviewers mention that MarketPay offers more customizable reporting options, allowing for deeper analysis of compensation data.
Featured Products
Pricing
Entry-Level Pricing
MarketPay
No pricing available
Payfactors
No pricing available
Free Trial
MarketPay
No trial information available
Payfactors
No trial information available
Ratings
Meets Requirements
8.8
136
8.5
414
Ease of Use
8.6
152
8.3
466
Ease of Setup
8.2
89
8.0
281
Ease of Admin
8.6
85
8.3
235
Quality of Support
8.6
134
8.9
400
Has the product been a good partner in doing business?
9.1
84
8.9
234
Product Direction (% positive)
8.7
133
9.4
399
Features by Category
Job Description ManagementHide 17 FeaturesShow 17 Features
7.9
529
7.7
1,641
Basics
7.4
7
Feature Not Available
9.0
8
8.4
36
8.5
8
Feature Not Available
Content
7.1
7
7.2
33
7.9
7
7.5
23
6.4
7
Feature Not Available
Logistics
Feature Not Available
7.1
32
9.2
8
8.4
36
Recruiting and Onboarding
5.3
5
Feature Not Available
Platform
8.2
71
7.5
193
Feature Not Available
7.1
135
8.2
43
7.2
140
8.9
80
8.4
214
8.7
79
8.5
224
7.6
36
6.8
132
8.5
84
7.8
219
8.2
79
8.3
224
Compensation ManagementHide 21 FeaturesShow 21 Features
8.0
1,115
7.6
3,303
Platform
7.6
57
7.7
177
6.9
31
Feature Not Available
7.5
39
7.5
173
8.0
61
7.8
224
7.1
39
Feature Not Available
7.4
39
6.6
131
8.0
72
7.6
210
8.4
101
7.9
275
8.7
100
8.4
273
7.6
48
7.2
140
Benchmarking and Equity - Compensation Management
8.7
20
7.8
75
7.4
17
7.5
72
8.6
19
7.6
72
Platform
8.2
71
7.5
193
Feature Not Available
7.1
135
8.2
43
7.2
140
8.9
80
8.4
214
8.7
79
8.5
224
7.6
36
6.8
132
8.5
84
7.8
219
8.2
79
8.3
224
7.2
87
7.3
158
Basic Features
7.5
12
7.0
51
7.7
16
8.1
58
Risk Mitigation
7.4
11
6.9
49
6.8
11
Feature Not Available
6.9
12
Feature Not Available
7.5
14
Feature Not Available
Analytics
Feature Not Available
Feature Not Available
6.7
11
Feature Not Available
Not enough data
Not enough data
Generative AI
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Generative AI
Not enough data
Not enough data
Not enough data
Not enough data
7.4
101
7.1
232
Core Features - Salary Benchmarking Software
8.6
12
7.9
35
8.8
12
7.9
36
7.1
12
7.1
32
Auditing - Salary Benchmarking Software
8.5
12
7.0
33
8.3
10
Feature Not Available
Advanced Features - Salary Benchmarking Software
7.9
12
7.1
33
4.1
9
Feature Not Available
8.2
12
7.0
35
Feature Not Available
Feature Not Available
4.8
10
5.6
28
Compensation PlanningHide 9 FeaturesShow 9 Features
6.8
64
7.3
357
Platform - Compensation Planning
7.1
7
7.9
40
5.7
7
6.9
39
7.9
7
7.5
40
5.5
7
7.3
39
6.9
7
7.1
39
6.9
7
7.4
41
Additional Features - Compensation Planning
9.0
8
7.6
41
5.7
7
7.0
39
6.2
7
7.1
39
Categories
Categories
Shared Categories
MarketPay
MarketPay
Payfactors
Payfactors
Unique Categories
MarketPay
MarketPay is categorized as SAP Store
Payfactors
Payfactors has no unique categories
Reviews
Reviewers' Company Size
MarketPay
MarketPay
Small-Business(50 or fewer emp.)
3.2%
Mid-Market(51-1000 emp.)
11.6%
Enterprise(> 1000 emp.)
85.2%
Payfactors
Payfactors
Small-Business(50 or fewer emp.)
4.4%
Mid-Market(51-1000 emp.)
35.8%
Enterprise(> 1000 emp.)
59.8%
Reviewers' Industry
MarketPay
MarketPay
Hospital & Health Care
18.5%
Higher Education
8.3%
Information Technology and Services
6.5%
Utilities
4.6%
Education Management
4.2%
Other
57.9%
Payfactors
Payfactors
Hospital & Health Care
9.9%
Financial Services
6.1%
Higher Education
4.9%
Retail
4.8%
Computer Software
4.4%
Other
69.8%
Most Helpful Reviews
MarketPay
MarketPay
Most Helpful Favorable Review
AN
Verified User in Entertainment

Ability to house all subscribed survey and tailor fit to company philosophy; ability to price job effeciently

Most Helpful Critical Review
Verified User
G
Verified User in Hospital & Health Care

The upload process,. It would be great if the data uploads could be more hands on and in real time. For instance, if I am working on a pricing project, it would be very beneficial to be able to flag a subset of Job Codes by Utilizing one of our user defined...

Payfactors
Payfactors
Most Helpful Favorable Review
AN
Verified User in Non-Profit Organization Management

nothing since they went with payscale, they aren't super helpful, or available or in touch with us ever.

Most Helpful Critical Review
Verified User in Hospital & Health Care
GH
Verified User in Hospital & Health Care

too much focus on marketing their products

Alternatives
MarketPay
MarketPay Alternatives
Salary.com
Salary.com
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Workday HCM
Workday HCM
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Paycom
Paycom
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UKG Pro
UKG Pro
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Payfactors
Payfactors Alternatives
Salary.com
Salary.com
Add Salary.com
Paycom
Paycom
Add Paycom
Workday HCM
Workday HCM
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UKG Pro
UKG Pro
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Discussions
MarketPay
MarketPay Discussions
How does survey data get into MarketPay? What about custom cuts?
1 comment
Official Response from MarketPay
Customers provide a list of surveys they’ve purchased from various survey providers to have available in MarketPay. Once proof of purchase is confirmed,...Read more
How do we get employee information into the tool from our HRIS?
1 comment
Official Response from MarketPay
There are two options to load your HRIS data (employees, jobs and salary ranges) in MarketPay. You may start with one method and switch to the other at any...Read more
How long does implementation take?
1 comment
Official Response from MarketPay
Implementing the MarketPay system typically takes about 4 – 6 weeks. Some implementations may take more time depending on complexity of the data and...Read more
Payfactors
Payfactors Discussions
How granular does your data get?
2 comments
CR
The software has the ability to get very granular and really depends on what you load into the system.Read more
Does it include more than just salary?
2 comments
CR
Yes, there are tools for assessing equity as well. They also have a Total Rewards Statement. This is a new tool that we don't utilize but based on the...Read more
How frequently do you roll out new Payfactors product features?
2 comments
EH
At Payfactors, we’re committed to making our platform the best it can possibly be — and one of the ways we do that is by getting to know our users and the...Read more