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Compensation and Benefits Software

Compensation Management Software
Accelerate the Calculation & Reporting of Variable-Based Compensation for Multiple Payee Groups, with Enhanced Workflow and Audit Capabilities.
Sales Commissions | Quota Planning | Sales Territories | Sales Analytics
www.Varicent.com  Save My Rating
Compensation Management Software
Delivers software for paperless HR and benefits: employee information, benefits, compensation, attendance, online self-service, payroll integration.
www.elforsoft.com  Save My Rating
Benefits Enrollment
Online benefits enrollment and administration made simple
www.bswift.com
Compensation Software
Compease - Salary administration made easy and competitive
www.hronline.com/Compensation
Compensation software
Web-based software solution for your Compensation Management
www.StepStoneSolutions.com
Compensation Software
Automate the Admin & Calculation of Incentive Compensation Plans.
www.Varicent.com
Compensation Software
Learn how to automate sales commission using an online solution
www.xactlycorp.com
Compensation Software
Enterprise incentive management Discover CATS. Free Online Demo...
www.eimsoftware.com
Employee Compensation
One solution for employee salary, stock and variable pay.
www.workstreaminc.com
Compensation software
Simplify Talent Management With Our Industrial Strength Application
www.Authoria.com
Compensation Software
Get employees motivated w/ company goals. Pay for performance!
www.SuccessFactors.com/Compensation
Benefits Software
Leading provider of high value employee benefits software.
www.infinity-ss.com/benefits
Listings
Affordable Solution
Develops software with human resource and benefit tracking, customizable databases which are COBRA, HIPAA and ERISA compliant.
www.affordablesolutions.com
Actuarial Systems Corporation
Supplier of retirement plan software, including pension administration, 401(k) software, compliance testing, and valuation systems.
asc-net.com
Ascentis Software
Develops software for employee benefit and human resource information management for small to mid-sized organizations.
www.ascentis.com
Atlantic Benefits Company
Specializes in developing custom employee benefit statements. Provides an online benefits and compensation communication service.
www.atlanticbenefits.com
Bargaining Power Inc.
Software that conducts economic labor analysis and forecasting, including the costing of compensation, benefits, time-off, work rules and legislated payments
www.bargainingpower.com
BasicFlex
Provides easy-to-administer systems that enable employers to set up and manage their own cafeteria/flexible benefit plans. BASIC expanded to provide Third Party Administration for Flexible Spending Accounts and COBRA.
www.basicflex.com
Basys
Specializes in computer solutions for employee benefit plan administrators.
www.basys.com
AccuDraft Pro 2.0
Software system for drafting pension documents using on-screen questionnaires.
www.benefitslink.com
BenefitsLink
Employee benefits compliance information and tools.
www.benefitslink.com
GSL Galactic Consulting
Simple illustrator for calculating, allocating, and illustrating contributions under SIMPLE individual retirement accounts (IRAs) and 401 (k) SIMPLE plans.
www.benefitslink.com
TSA Calculator & MEA Analyzer
Designed to be used for: Calculating and illustrating contributions to tax-sheltered annuity arrangements and mutual fund custodial accounts under the special rules of Code Sections 403(b) and 415(c) that are applicable to employees of public sc...
www.benefitslink.com
Benefit Software Inc
Developer and publisher of highly specialized employee fringe benefit communication and workers' compensation case management software systems.
www.bsiweb.com
Fringe Facts
Developer and publisher of specialized employee fringe benefit communication and workers' compensation case management software systems.
www.bsiweb.com
Visual HCS
Provider of software products, including a Windows client/server benefit administration system, Visual HCS. Provides automated solutions to organizations offering benefit plan administration.
www.byrnesoftware.com
Clayton Wallis Company
Compensation planning software and online salary and compensation services for salary analysis
www.claytonwallis.com
Common Census
Software to manage employee benefits.
www.commoncensus.com
SunGard Corbel, Inc.
Software and services for employee benefits - 401(k) software, plan documents, 5500 software.
www.corbel.com
CounterPoint Software
Develops software for claims management of self-insurance health benefit programs.
www.counterpointsoftware.com
DATAIR Employee Benefit Systems, Inc.
Developer of employee benefit administration and planning software. The software is used primarily by third party administrators, such as actuaries and benefit consultants, but also by companies that want to self-administer their retirement and...
www.datair.com
Decisis Corporation
Develops enterprise applications that support management decision-making and process improvement.
www.decisis.com
BenefitsLink Software
Employee benefits compliance information and tools. Products for accounting, legal, management, finance and more.
www.digitalriver.com
eBenefits
Provides an online human resources management system to streamline and automate administrative tasks related to human resources and benefits management for small and growing businesses.
www.ebenefits.com
Compensation Management Software
Delivers software for paperless HR and benefits: employee information, benefits, compensation, attendance, online self-service, payroll integration.
www.elforsoft.com (Paid)
FACTS Services, Inc.
Developer of managed care automation software. The software provides fully automated software and hardware solutions for employee benefit administration and risk management, specializing in health claims processing and managed care systems. Pr...
www.facts-services.com
CSRS FERS Retirement Benefits Planning Software Federal Civil Service
The Retirement Planner will enable you to integrate and analyze all the elements, resources and timing that impact the affordability of retirement.
www.fedretiresoftware.com
Ferret Information Systems
Supplier of advisory systems in the field of welfare benefits and related law.
www.ferret.co.uk
Fast-Flex Pro
Flexible spending account and cafeteria benefit plan software.
www.flexaccounts.com
FMLA Pro
Family Medical Leave Act (FLMA) tracking software.
www.fmla.com
Genesys Software Systems
Advanced systems and services for payroll, human resource management, and benefits administration.
www.genesys-soft.com
Hatrak Associates
Business practice and software solutions for Time and Attendance, Human Resource Management, and Employee Work Scheduling.
www.hatrak.com
IncenSoft LLC
Offers employee incentive and motivational programs that can be tailored.
www.incensoft.com
Infinium for Human Resources
Provides analysis of the state of workforce, comprehensive records management, and compensation administration.
www.infinium.com
Kadiri
Provider of desktop compensation software for compensation managers, line managers and senior executives.
www.kadiri.com
Larkspur Data
Offer accurate software to successfully target 401(k), pension and group benefit plans.
larkspurdata.com
Lynchval Systems Worldwide
Provider of defined benefit and FAS 106 valuation software and services. Also providing defined benefit administration software for both TPA’s and plan sponsors.
www.lynchval.com(Paid)
Milsoft Integrated Solutions, Inc.
Developer of Windows based, 32 bit electrical distribution analysis software which runs on IBM PCs and compatibles. Software is sold to utility companies. This company was capitalized by private investment.
www.milsoft.com
MirrorPlus Technologies
Supplier of Ecommerce, human resource, corporate management and other Internet and intranet business solutions.
www.mirrorplus.com
Occusoft Corporation
Risk Management package, RMIS Windows version, encompassing modules like Training, Employee Health, MSDS and more.
www.occusoft.com
PEAT, Inc.
Manufacturer of toxic and hazardous waste disposal equipment using plasma energy. Products are sold to the government and the medical and environmental industries. This company was capitalized by corporate investment.
www.peat.com
Pensiononline.com
Provides comprehensive Web-based tools enabling businesses to facilitate employees' retirement planning needs.
www.pensiononline.com
Pension Profile
Directory of qualified pension plans including profit sharing, money purchase, defined benefit, 401 (k) plans and welfare benefit plans.
www.pensionprofile.com
P+W Software
Provides comprehensive in-house administration of health and welfare plans, cafeteria plans and flexible spending accounts. Manages eligibility, enrollment, payroll deductions and premiums with user defined tables.
www.pwsoftware.com
SBC Systems Company, Inc.
Developer of THE SBC BENEFITS WORKSTATION, an integrated benefits administration and information software system to manage defined benefit/pension, defined contribution/401(k) and health and welfare/flexible benefits, as well as non-qualified pl...
www.sbcsystems.com
The Bonnett Group
Company providing software to track to track staff attendance, the Family Medical Leave Act (FMLA) and the hiring process.
www.tbginc.com
Torrid Technologies
Develops retirement planning software for individuals. Located in Marietta, Georgia.
www.torrid-tech.com
Taft Hartley Benefit Fund Software
Provider of benefits software designed to work with third-party administration, multiemployer benefit plans, self-insured self-administered benefit plans and union administration.
www.tpasoftware.com
Travis Software
Cobra Software automates HIPAA and employee benefits management.
www.travisoft.com
TrustMark
Development and support of PC/LAN-based software solutions for the defined contribution administration and record keeping industry.
www.trustmrk.com
Compensation Management Software
Accelerate the Calculation & Reporting of Variable-Based Compensation for Multiple Payee Groups, with Enhanced Workflow and Audit Capabilities.
Sales Commissions | Quota Planning | Sales Territories | Sales Analytics
www.Varicent.com (Paid)
REWARD
An employee compensation management system developed by Watson Wyatt Worldwide.
www.watsonwyatt.com
Watson Wyatt - Reward
Windows-based system for strategically managing compensation data.
www.watsonwyatt.com
  • Actek Software
Benefits Enrollment
Online benefits enrollment and administration made simple
www.bswift.com
Compensation Software
Compease - Salary administration made easy and competitive
www.hronline.com/Compensation
Compensation software
Web-based software solution for your Compensation Management
www.StepStoneSolutions.com

Guide to Compensation and Benefits Software

Simplify and manage employee compensation and benefits with compensation software


If you want to attract productive employees, you need to offer a competitive compensation and benefit package. Compensation planning software helps you put together an attractive plan to win the best employees. Once you have a plan in place, you need to periodically review the plan to make sure you remain competitive.

Compensation and benefits software helps you manage your compensation plan. Using software reduces the cost of outsourcing the job, saves time by allowing you to work off templates and organizes your information.

A good compensation and benefits system:

  1. Is user friendly.
  2. Provides benefits statements that are easy to read and understandable.
  3. Stores information used for calculations.
  4. Supports multiple compensation and benefit programs.



Action Steps

The best contacts and resources to help you get it done

Get HR compensation software that is customizable and integrates other HR applications Compensation and benefits software should be customizable and easy to use.

I recommend:  Use Halogen eCompensation to automate the entire work flow process, which also provides checks and balances to reduce errors. HROffice from ELFOR SOFT integrates with all Microsoft applications. StepStone benefits management software includes market compensation analysis.

Get flexible compensation management software Compensation management software needs to be able to handle complex calculations accurately. A flexible program allows you to establish groups at different compensation or benefit levels. With a more complex system, you want to be able to map and locate the information used to derive the calculations.

I recommend:  Keep track of information with a good mapping system. Varicent.com provides a multi-pay setup that allows you to carry out changes across multiple groups. PROPHIX has features that include the ability to create multiple rule sets for different plans.

Use compensation planning software to develop, budget and control your plan Planning for promotions, bonuses or merit increases helps you know what your company can afford and when. Employees expect to get raises and earn rewards for productivity and performance.

I recommend:  Use Salary.com’s Web-based compensation plan software. Salary.com provides multiple compensation and benefit tools and you may request a demo to review the compensation software.

Tips & Tactics

Helpful advice for making the most of this Guide
  • Request a free trial or demo to evaluate compensation and benefits software. Many companies offer this service, but don't advertise it.
  • Find an all-in-one software program that combines planning with management.

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How-To Guide from WORK.COM

By Tara McClendon
Simplify and manage employee compensation and benefits with compensation software.
If you want to attract productive employees, you need to offer a competitive compensation and benefit package. Compensation planning software helps you put together an attractive plan to win the best employees. Once you have a plan in place, you ... Read more


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