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features
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support

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Description

DBCompensation is ideal for businesses with a workforce ranging from 200 to 10,000 individuals. A variety of organizations, including financial institutions, government entities, educational institutions, healthcare facilities, manufacturing companies, and service providers, are enhancing their payroll return on investment through DBCompensation. By ensuring accurate compensation, organizations can optimize their most significant ongoing expense—employee payroll. According to the Johanson Group consultants' real-world data, companies can reduce the time and costs associated with compensation management by an impressive 500%. Furthermore, retaining and nurturing existing talent can lead to a remarkable 300% savings in the resources typically spent on recruiting and training new hires. DBCompensation employs a well-established methodology that incorporates our distinctive fifteen compensable factors along with a reliable weighted job evaluation system. Recognized as the most objective and all-encompassing job rating program available for human resources, DBCompensation stands out in the market. Its effectiveness empowers organizations to strategically manage their payroll while fostering employee satisfaction and retention.

Description

Assess how your company's compensation structures compare to industry standards. We assist in pinpointing cost-to-market alongside creating strategic initiatives to remain competitive in your field. It is crucial to maintain pay equity throughout your organization. OpenComp can highlight discrepancies in pay equity related to gender and ethnicity, enabling you to swiftly address and rectify these disparities. Develop various organizational growth strategies for the future while projecting cash and equity expenditures for each scenario. Utilize precise location models to align compensation appropriately. OpenComp supports you in evolving your compensation philosophy as teams grow more geographically dispersed. Create equitable job offers and evaluate compensation inquiries from prospective employees in direct comparison to the market. Access market data from multiple sources that is standardized and updated daily. Our user-friendly tools empower you to implement compensation strategies effectively. Moreover, you will receive analytics and insights to monitor the effectiveness of your compensation plans and identify trends over time, ensuring you remain proactive in your approach. This comprehensive analysis not only aids in maintaining competitiveness but also fosters a fair workplace environment.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

$4900 one-time payment
Free Trial No 
Free Version No 

Pricing Details

$9 per user per month
Free Trial No 
Free Version Yes 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours No 
Live Rep (24/7) Yes 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) No 
In Person Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) Yes 
In Person No 

Vendor Details

Company Name

DBSquared

Founded

1990

Country

United States

Website

www.dbsquared.com/dbcompensation/

Vendor Details

Company Name

OpenComp

Founded

2021

Country

United States

Website

www.opencomp.com

Product Features

Compensation Management

Bonus Management No 
Compensation Assessment Yes 
Compensation Calculation No 
Compensation Plan Modeling Yes 
Compensation Statements No 
Employee Reward Programs No 
Incentive Programs No 
Organizational Charting No 
Salary Planning Yes 

Product Features

Compensation Management

Bonus Management No 
Compensation Assessment No 
Compensation Calculation No 
Compensation Plan Modeling No 
Compensation Statements No 
Employee Reward Programs No 
Incentive Programs No 
Organizational Charting No 
Salary Planning No 

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