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MarketPay Reviews & Product Details - Page 2

MarketPay Overview

What is MarketPay?

MarketPay is a specialized compensation platform designed to streamline diverse processes and enhance efficiency, giving compensation teams more time to grow their expertise on evolving pay legislation and compensation best practices. * Automated survey management and participation: Access your purchased data sources in one consolidated platform and leverage our partnerships with leading survey providers to automate your survey participation experience. * Configurable compensation technology to help you strategize for the future and execute across markets: Generate limitless structure and merit matrix models to optimize your compensation strategy, implement market pricing matches in bulk based on custom rules, and analyze your data using tailored reports. * Committed customer service team: Get support when you need it from our experienced services team to help with custom analytics, benchmarking, and more. You can also engage with other comp pros and access educational resources 24/7 through Payscale Connect.

MarketPay Details
Product Website
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Product Description

MarketPay brings together Payscale data sources and traditional salary surveys to quickly and accurately price jobs in the current labor market, conduct budget modeling for different pay scenarios, and perform complex workforce analytics to drive informed decisions. MarketPay allows you to expand beyond traditional compensation practices to include job description management, pay equity reports, and survey participation.

How do you position yourself against your competitors?

Payscale is the #1 choice in compensation management.
More than 65% of the Fortune 500 choose Payscale.
$2.9 trillion in employee salaries managed in Payscale solutions.
More than 50 million jobs were priced in Payscale solutions in the last year.


Seller Details
Seller
Payscale
Company Website
Year Founded
2002
HQ Location
Seattle, Washington
Twitter
@payscale
62,926 Twitter followers
LinkedIn® Page
www.linkedin.com
744 employees on LinkedIn®
Description

As the industry leader in compensation management, Payscale is on a mission to help job seekers, employees, and businesses get pay right and to make sustainable fair pay a reality. Empowering more than 50% of the Fortune 500 in 198 countries, Payscale provides a combination of diverse and dynamic data sources, experienced compensation services, and scalable software to enable organizations such as Angel City Football Club, Target, Gainsight, and eBay to make fair and appropriate pay decisions.


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Overview Provided by:

Recent MarketPay Reviews

RS
Reeya S.Enterprise (> 1000 emp.)
4.0 out of 5
"Marketpricing Job"
MarketPay is a great tool for Market pricing a job. The AI feature makes life easy to market price a job. Great customer support.
William D.
WD
William D.Enterprise (> 1000 emp.)
4.0 out of 5
"Easy to use platform"
The organization it provides for our market survey data.
Verified User
A
Verified UserEnterprise (> 1000 emp.)
4.0 out of 5
"Great experience with MarketPay"
Having all of our market matches in 1 place
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0 people requested security information

MarketPay Media

MarketPay Demo - Multi-Job Pricing
Match several jobs at once with Multi-Job Pricing
MarketPay Demo - Auto-Save Range Data
Understand potential budget impacts and context of pay structure updates with the new Auto-Save for Previous Range Data!
MarketPay Demo - UserVoice Product Feedback
Share your opinion with UserVoice, MarketPay's new product feedback tool
MarketPay Demo - AI-Powered Suggestions
Market price faster with AI-power suggestions
Play MarketPay Video
Play MarketPay Video
Play MarketPay Video

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Video Reviews

218 MarketPay Reviews

4.3 out of 5
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218 MarketPay Reviews
4.3 out of 5
218 MarketPay Reviews
4.3 out of 5

MarketPay Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons

Overall Review Sentiment for MarketPayQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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G2 reviews are authentic and verified.
Verified User in Oil & Energy
AO
Enterprise(> 1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about MarketPay?

Having all of our market matches in 1 place Review collected by and hosted on G2.com.

What do you dislike about MarketPay?

It is not overly user friendly currently but I understand that advancements are coming. Review collected by and hosted on G2.com.

What problems is MarketPay solving and how is that benefiting you?

It is allowing us to keep all of our matches in one place and allows us to quickly and easily market match jobs. Review collected by and hosted on G2.com.

Verified User in Pharmaceuticals
AP
Enterprise(> 1000 emp.)
Validated Reviewer
Verified Current User
Review source: In-app
What do you like best about MarketPay?

How easy it is to do the pricing using "Market Price a Job" Review collected by and hosted on G2.com.

What do you dislike about MarketPay?

How often there are isues that aiether are hard to resolve, take a lot of time to resolve or seem not having any resolution. It also does not work properly in the most crutial moments. Additionally visual report builder is yet simple for benginner users, but when trying to byild something more advanced - it is very disturbing (writing simply a code would be much appreciated). Review collected by and hosted on G2.com.

What problems is MarketPay solving and how is that benefiting you?

Benchmarking internal roles is easy and fast. Review collected by and hosted on G2.com.

AN
Enterprise(> 1000 emp.)
Validated Reviewer
Verified Current User
Review source: In-app
What do you like best about MarketPay?

all data is together making it very convient to use Review collected by and hosted on G2.com.

What do you dislike about MarketPay?

The 48 hour load time is long. I'd like to see that shorten to 24 hours Review collected by and hosted on G2.com.

What problems is MarketPay solving and how is that benefiting you?

With all the data in one place, it is very easy to get the question you are trying to answer. Review collected by and hosted on G2.com.

AG
Enterprise(> 1000 emp.)
Validated Reviewer
Review source: Seller invite
Incentivized Review
What do you like best about MarketPay?

The MarketPay tool is what you make of it. It can be very powerful and useful tool if you take the time to update and setup data. Its relatively intuitive and easy to use. Review collected by and hosted on G2.com.

What do you dislike about MarketPay?

It can take a lot of time to ensure data is up to date and setting up reports. It would be nice to change some of the field names to accomodate our structure. Review collected by and hosted on G2.com.

What problems is MarketPay solving and how is that benefiting you?

It gives us one place to store our market data and benchmarks. It also allows us to create reports off of that data. Review collected by and hosted on G2.com.

MR
Project Manager
Small-Business(50 or fewer emp.)
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about MarketPay?

With MarketPay, you can price jobs correctly, provide accurate data to executives quickly, and evaluate pay strategies so your organization can attract and retain top talent. Review collected by and hosted on G2.com.

What do you dislike about MarketPay?

Finding relevant data: It can be difficult to find reliable and relevant market data Review collected by and hosted on G2.com.

What problems is MarketPay solving and how is that benefiting you?

For decentralized compensation teams planning for the future, MarketPay is a compensation platform that delivers:

- Automated survey management and participation

- Versatile compensation technology that helps strategize for the future and execute across markets

- Committed customer experience Review collected by and hosted on G2.com.

VP
Enterprise(> 1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about MarketPay?

MarketPay has been a very useful tool to use as our company is undergoing a lot of change and growth. We are able to attract and retain people by making sure that our job offers are market competitve. The report library is filled with great reports and visuals that we use for analysis and compensation decisions. Furthermore, our client success managers have been very supportive with any questions or changes we want to make to our account. Review collected by and hosted on G2.com.

What do you dislike about MarketPay?

We are in the process of changing our matching methodology and there is no easy/automated way to do this in MarkeyPay. So we have been loading manual spreadsheets into MarketPay. Our client success manager said that they are working on an automated way to do this in the future, so we are looking forward to that. Review collected by and hosted on G2.com.

What problems is MarketPay solving and how is that benefiting you?

MarketPay is helping us ensure that we are paying our internal employees and prosepctice hires competitive to market. Furthermore, it is helpful for the Total Rewards Regional leads and HR Business Partners to understand employees' relative position to market so that they can help managers make informed compensation decisions. Review collected by and hosted on G2.com.

AN
Enterprise(> 1000 emp.)
Validated Reviewer
Verified Current User
Review source: In-app
What do you like best about MarketPay?

possibilities to create own reports and charts Review collected by and hosted on G2.com.

What do you dislike about MarketPay?

bugs, issues, errors like: not being able to open more than 3 job codes at once, menu with "Other search options" getting stuck and not being able to hide this Review collected by and hosted on G2.com.

What problems is MarketPay solving and how is that benefiting you?

I don't know Review collected by and hosted on G2.com.

Verified User in Financial Services
AF
Enterprise(> 1000 emp.)
Validated Reviewer
Review source: Seller invite
Incentivized Review
What do you like best about MarketPay?

Marketpay has been a lifesaver in our compensation survey management space. It is so easy to review our jobs data in one place versus using several spreadsheets. It is relatively easy to use and maintain. Implementing the tool was very simple and updating year over year is done with ease. It also integrates with our HRIS for our employee and job data to flow in weekly. Review collected by and hosted on G2.com.

What do you dislike about MarketPay?

The reporting module is complex with many options to choose from for base reports. You really need to understand what the reports consist of before using them to ensure you understand the visualizations. Review collected by and hosted on G2.com.

What problems is MarketPay solving and how is that benefiting you?

Marketpay helps us to submit accurate salary data and understand how our jobs are priced all in one tool without a million spreadsheets Review collected by and hosted on G2.com.

Verified User in Financial Services
AF
Enterprise(> 1000 emp.)
Validated Reviewer
Review source: Seller invite
Incentivized Review
What do you like best about MarketPay?

Is ability to house our company's comepnsation data at a large scale and effiiciency in data modeling and market pricing. Review collected by and hosted on G2.com.

What do you dislike about MarketPay?

The syncronization of the utilization of the tool to it full capacity. Review collected by and hosted on G2.com.

What problems is MarketPay solving and how is that benefiting you?

Market pricing our roles against the current market. This feature is helping our company to keep a competitive pay strategy. Review collected by and hosted on G2.com.

Verified User in Non-Profit Organization Management
UN
Enterprise(> 1000 emp.)
Validated Reviewer
Verified Current User
Review source: In-app
What do you like best about MarketPay?

Large amount of data arranged in easy to use ways. Review collected by and hosted on G2.com.

What do you dislike about MarketPay?

Market price a job new is still lacking some basic features of the old version that prefer, so I don't use the New. Review collected by and hosted on G2.com.

What problems is MarketPay solving and how is that benefiting you?

Determining competitive pay rates to attract and retain staff Review collected by and hosted on G2.com.