TalentComp

TalentComp

Cloud based compensation management software

5/5 (2 reviews)

TalentComp Overview

TalentComp is a cloud based compensation management solution that offers budget control, compensation calculation and assessment within a suite.

TalentComp is capable of handling different types of compensation structures such as merit increases, bonuses, stock options, promotions and lump sum payouts. The software also allows users to manage employee compensation based on pre-defined business rules.

As managers rate their employees, the system automatically calculates their revised salaries based on the merit rules. The software also allows managers to view compensation of all the employees who report up to them, both directly as well as indirectly. Managers can also view how much of the budget has been used up in the increments and notifies in case the increments go higher than the assigned budgets.

After a manager has completed the recommendations, they are submitted to the next manager in the hierarchy for approval. After the recommendations are approved, the software allows managers to generate printable compensation statements for their team.

After all the recommendations are approved, the software enables users to export all data to the payroll system so that the compensation can be updated in the company’s payroll database.

Pricing

Starting from
US$6,000.00/year
Pricing options
Free Trial
Subscription
Value for money

Devices

Business size

S
M
L

Markets

United States

Supported Languages

English, French, Italian, Portuguese, Spanish

TalentComp Reviews

Overall rating
5/5
100% positive reviews
2
Excellent
0
Very good
0
Average
0
Poor
0
Terrible
Kevin V.

Overall excellent product for the price.

Used Other for 2+ years
Reviewed on 19/09/2017
Review Source: Capterra

Pros

Good functionality. Very user friendly with a professional but simply look at each screen. Very user friendly. Price is at market.

Cons

I do not see major cons. If I had a wish list, would like to see additional features such as long-term I-comp tracking.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Catherine W.

Talent Comp Review

Used Weekly for 1-5 months
Reviewed on 11/06/2019
Review Source: Capterra

Pros

The software is fully customizable and our implementation specialist was great. She was able to add whatever fields we needed quickly.

Cons

I would like to be able to print compensation letters in Word format.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend

10.0/10

TalentComp Pricing

Starting from
US$6,000.00/year
Pricing options
Free Trial
Subscription
Value for money

Contact CWS Software for pricing information.

TalentComp Features

  • Customizable Reporting
  • Data Import/Export

  • API
  • Activity Dashboard
  • Activity Tracking
  • Applicant Tracking
  • Automatic Notifications
  • Automatic Reminders
  • Customizable Branding
  • Employee Database
  • Employee Management
  • Employee Onboarding
  • Employee Portal
  • Employee Self Service
  • Performance Management
  • Real Time Reporting
  • Recruiting Management
  • Reporting & Statistics
  • Self Service Portal
  • Third Party Integration

Additional information for TalentComp

Key features of TalentComp

  • Automatically calculates based on business rules
  • Bonuses
  • Import files from any source
  • Lump Sum Payouts
  • Managers can access employee data
  • Merit Increases
  • Merit based salar increments
  • Offers compensation management
  • Payroll management
  • Payroll management functionality
  • Promotions
  • Reports from employee data
  • Reports on employee data
  • Salary data
  • Secure cloud storage
  • Stock Options
  • Upload Unlimited Comp Statement templates

Benefits

  • TalentComp offers budget control, compensation calculation and assessment within a suite.

  • TalentComp offers different types of compensation structures such as merit increases, bonuses, stock options, promotions and lump sum payouts.

  • Hierarchy arrangement enables users to submit recommendations to the next managers in line for review.

  • After recommendations are reviewed, the software prepares printable employee compensation statements.

  • Reporting module enables users to gain a complete view of the workforce which helps them to take effective decisions on workforce management practices.

  • TalentComp FAQs

    Below are some frequently asked questions for TalentComp.

    Q. What type of pricing plans does TalentComp offer?

    TalentComp offers the following pricing plans:

    Starting from: US$6,000.00/year

    Pricing model: Subscription

    Free Trial: Not Available

    Contact CWS Software for pricing information.

    Q. What are the main features of TalentComp?

    TalentComp offers the following features:

    • Automatically calculates based on business rules
    • Bonuses
    • Import files from any source
    • Lump Sum Payouts
    • Managers can access employee data
    • Merit Increases
    • Merit based salar increments
    • Offers compensation management
    • Payroll management
    • Payroll management functionality
    • Promotions
    • Reports from employee data
    • Reports on employee data
    • Salary data
    • Secure cloud storage
    • Stock Options
    • Upload Unlimited Comp Statement templates

    Q. Who are the typical users of TalentComp?

    TalentComp has the following typical customers:

    Large Enterprises, Mid Size Business, Small Business

    Q. What languages does TalentComp support?

    TalentComp supports the following languages:

    English, French, Italian, Portuguese, Spanish

    Q. What type of pricing plans does TalentComp offer?

    TalentComp has the following pricing plans:

    Subscription

    Q. Does TalentComp support mobile devices?

    We do not have any information about what devices TalentComp supports

    Q. What other apps does TalentComp integrate with?

    We do not have any information about what integrations TalentComp has

    Q. What level of support does TalentComp offer?

    TalentComp offers the following support options:

    Video Tutorials