MarketPay by Payscale is an advanced compensation management platform tailored for large enterprises with complex pay structures and dedicated compensation teams. It provides detailed and defensible salary insights based on current market data, helping organizations make informed pay decisions. The platform streamlines survey management and enables native integration with Tableau for dynamic visualizations and workforce analytics. MarketPay supports organizations in managing compensation surveys, modeling pay structures, and participating in surveys efficiently, ensuring effective and fair pay practices.

Key Features

Compensation Data Insights Provides detailed and defensible salary insights.

• Based on current market data.
• Supports informed pay decisions.

Survey Management Streamlines survey management and participation.

• Uses preconfigured templates.
• Reduces survey submission complexities.

Workforce Analytics Enables native integration with Tableau.

• Offers dynamic visualizations and dashboards.
• Supports real-time insights and decision-making.

Benefits

Optimized Pay Practices Helps organizations optimize their pay practices.

• Provides accurate compensation data.
• Supports fair and equitable pay decisions.

Process Efficiency Enhances process efficiency in compensation management.

• Streamlines survey participation.
• Reduces administrative burden.