MarketPay Features
What are the features of MarketPay?
Platform
- Customization
- Internationalization
- User, Role, and Access Management
- Performance
- Reporting
- Dashboards
- Reward Structuring
- Workflow Automation
- Compensation History
- Automated Compliance
- Performance Management Integration
- Embedded Analytics
- Reporting Capabilities
- Compensation Data Management
- Internationalization
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Technology Glossary Features
View definitions of the features and discover new technology terms.
MarketPay Categories on G2
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Platform
Customization | Based on 71 MarketPay reviews. Allows administrators to customize to accommodate their unique processes. Includes ability to create custom objects, fields, rules, calculations, and views. | 82% (Based on 71 reviews) | |
Internationalization | Enables users to view and transact business with the same content in multiple languages and currencies. This feature was mentioned in 43 MarketPay reviews. | 82% (Based on 43 reviews) | |
User, Role, and Access Management | Grant access to select data, features, objects, etc. based on the users, user role, groups, etc. 80 reviewers of MarketPay have provided feedback on this feature. | 89% (Based on 80 reviews) | |
Performance | Is consistently available (uptime) and allows users to complete tasks reliably. 79 reviewers of MarketPay have provided feedback on this feature. | 87% (Based on 79 reviews) | |
Mobility | Based on 36 MarketPay reviews. Is accessible from a mobile device and by users on the go. | 76% (Based on 36 reviews) | |
Reporting | Based on 84 MarketPay reviews. Provides analytics tools that reveal important business metrics and track progress. | 85% (Based on 84 reviews) | |
Dashboards | Has a centralized dashboard for users to interact with. 79 reviewers of MarketPay have provided feedback on this feature. | 82% (Based on 79 reviews) | |
Reward Structuring | Define compensation packages and allowance plans within the system. Specify the various components of compensation, including base pay, bonuses, and equity. Structure compensation pools and hierarchies for continual planning. This feature was mentioned in 57 MarketPay reviews. | 76% (Based on 57 reviews) | |
Event Management | As reported in 31 MarketPay reviews. Coordinate new hire, transfer, promotion, and termination events within the system using rules to automatically facilitate the associated compensation adjustments. | 69% (Based on 31 reviews) | |
Workflow Automation | Streamline the flow of work processes by establishing triggers and alerts that notify and route information to the appropriate people when their action is required within the compensation process. 39 reviewers of MarketPay have provided feedback on this feature. | 75% (Based on 39 reviews) | |
Compensation History | See feature definition | As reported in 61 MarketPay reviews. Access employee compensation history and talent records when evaluating compensation adjustments to inform decision making. | 80% (Based on 61 reviews) |
Automated Compliance | Maintain compliance with corporate policies, state mandates, and federal regulations regarding compensation with built in compliance features, including automated identification and flagging of unapproved behaviors. 39 reviewers of MarketPay have provided feedback on this feature. | 71% (Based on 39 reviews) | |
Performance Management Integration | Integrate employee performance data from a third-party performance management solution to supplement compensation history and establish pay-for-performance compensation structures. This feature was mentioned in 39 MarketPay reviews. | 74% (Based on 39 reviews) | |
Embedded Analytics | View budgetory allocations across the organization, compensation information related to individual employees or departments, and underlying compensation trends in analytics dashboards embedded in the system. This feature was mentioned in 72 MarketPay reviews. | 80% (Based on 72 reviews) | |
Reporting Capabilities | Create standard and ad-hoc reports of compensation data within the system. Trends and other graphical representations of data displayed by analytics dashboards can be included in reports. 101 reviewers of MarketPay have provided feedback on this feature. | 84% (Based on 101 reviews) | |
Compensation Data Management | See feature definition | Easily import data into or export data from the system, and access employee compensation data quickly within the system. Create compensation hierarchies so that managers can access relevant team information. 100 reviewers of MarketPay have provided feedback on this feature. | 87% (Based on 100 reviews) |
Internationalization | Extend compensation configurations around the globe using flexible location profiles, multiple language options, and automatic currency conversion tools within the system. 48 reviewers of MarketPay have provided feedback on this feature. | 76% (Based on 48 reviews) |
Basics
Interoperability | Connects to external systems and applications as needed to complete workflows. | Not enough data | |
Performance | Is consistently available (uptime) and allows users to complete tasks reliably. | Not enough data | |
Reporting | Provides analytics tools that reveal important business metrics and track progress. | Not enough data |
Content
Automation | Automates some or all operation related tasks | Not enough data | |
Content Creation | Contains tools that allow users to create original content directly within the application | Not enough data | |
Distribution Features | Features to distribute content through a variety of channels including job boards, social, websites, etc. | Not enough data |
Logistics
User, Role and Access Management | Grant access to select data, features, objects, etc. based on the users, user role, groups, etc. to both internal and external users. | Not enough data |
Recruiting and Onboarding
Job Posting | Ability to post job descriptions and allow candidates to apply within software or on company's website. | Not enough data |
Basic Features
High level regression analysis | As reported in 12 MarketPay reviews. Compares cohorts with complex, customizable logic for deeper analysis. | 75% (Based on 12 reviews) | |
Dashboard | Contains customizable dashboard enabling users to visualize pay gaps. 16 reviewers of MarketPay have provided feedback on this feature. | 77% (Based on 16 reviews) |
Risk Mitigation
Budgeting | Forecasts potential budgets necessary to remediate pay inequities. 11 reviewers of MarketPay have provided feedback on this feature. | 74% (Based on 11 reviews) | |
Legislation | Tracks legislative updates and provides reporting necessary for local, regional, or international government authorities. 11 reviewers of MarketPay have provided feedback on this feature. | 68% (Based on 11 reviews) | |
Regression analysis | Facilitates the creation of a step-by-step action plan to correct potential legal breeches, mitigate risk, and provide DEI training to employees. This feature was mentioned in 12 MarketPay reviews. | 69% (Based on 12 reviews) | |
Reporting | Based on 14 MarketPay reviews. Prepares reporting for EEO-1, ACA compliance, OFCCP, and other industry audits. | 75% (Based on 14 reviews) |
Analytics
Retention | Analyzes turnover and retention in relation to diversity intiatives. 11 reviewers of MarketPay have provided feedback on this feature. | 67% (Based on 11 reviews) |
Benchmarking and Equity - Compensation Management
Benchmarking Data | Based on 20 MarketPay reviews. Displays and compares pay equity information, comparing the parity of pay across demographics. | 87% (Based on 20 reviews) | |
Pay Equity | Comes with native pay equity module or capabilities. This feature was mentioned in 17 MarketPay reviews. | 74% (Based on 17 reviews) | |
Salary Bands | As reported in 19 MarketPay reviews. Facilitates organizing workers into salary bands and comparing or contrasting across different levels in the organization. | 86% (Based on 19 reviews) |
Core Features - Salary Benchmarking Software
Dashboard | Presents customizable compensation dashboards with data visualizations. This feature was mentioned in 12 MarketPay reviews. | 86% (Based on 12 reviews) | |
Industry Benchmarking | As reported in 12 MarketPay reviews. Sets compensation benchmarks based on data from industry competitors. | 88% (Based on 12 reviews) | |
Hierarchy | As reported in 12 MarketPay reviews. Includes pay or crediting rules to organize salary structure into relevant hierarchy. | 71% (Based on 12 reviews) |
Auditing - Salary Benchmarking Software
Reporting | As reported in 12 MarketPay reviews. Enables users to create customized reports on compensation packages for auditing purposes. | 85% (Based on 12 reviews) | |
Accuracy | As reported in 10 MarketPay reviews. Checks accuracy and transparency of data for auditing purposes. | 83% (Based on 10 reviews) |
Advanced Features - Salary Benchmarking Software
Structure | Includes pay rules to organize salary structure into relevant hierarchy. 12 reviewers of MarketPay have provided feedback on this feature. | 79% (Based on 12 reviews) | |
Offer Letter | Automaticaly generates an offer letter or autofills an offer letter template containing appropriate salary and benefits details. | Not enough data | |
Salary Survey | Generates internal or external surveys for organizations to conduct indepedent salary reach when determing benchmarks. This feature was mentioned in 12 MarketPay reviews. | 82% (Based on 12 reviews) | |
AI | Uses AI to project an appropriate salary based on job description or other datasets. 10 reviewers of MarketPay have provided feedback on this feature. | 48% (Based on 10 reviews) |
Platform - Compensation Planning
Compensation Budgeting | Structures compensation pools and pay brackets that include the pay rules to facilitate continual planning for the organization. | Not enough data | |
Merit Cycle Planning | Manages compensation for merit cycles and transparently shares payscales when employees are eligible for raises and bonuses. | Not enough data | |
Pay Transparency | Provides open access when it comes to company salary ranges, as well as displaying reasoning for salary decisions from management. | Not enough data | |
Automated Compliance | Maintains compliance with corporate policies, state mandates, and federal regulations regarding compensation with builtin compliance features, including automated identification and flagging of unapproved behaviors. | Not enough data | |
Reward Structuring | Defines the various components of compensation packages, allowance plans, base pay, bonuses, and equity. | Not enough data | |
Compensation History | Accesses employee compensation history and talent records when evaluating compensation planning strategies. | Not enough data |
Additional Features - Compensation Planning
Reporting Capabilities | Creates standard reports on compensation data from the company, as well as graphical representations of data displayed by analytics dashboards. | Not enough data | |
Workflow Automation | Streamlines compensation planning processes by establishing triggers and alerts that automatically notify users when their input is required. | Not enough data | |
Integrations | Intergrates with other pay tools such as compensation management, salary and benchmarking, and pay equity software - as well as other HR solutions. | Not enough data |
