Salary.com Launches CompAnalyst on Paylocity Marketplace

Salary.com is excited to announce a dynamic new integration and Marketplace partnership with Paylocity, a leader in payroll and human capital management (HCM) solutions. Through this partnership, Paylocity customers can effortlessly integrate their employee data with CompAnalyst®, Salary.com’s cutting-edge market data and benchmarking platform. This collaboration enables organizations to gain powerful insights, make informed compensation decisions, and ensure competitive, equitable pay structures, all within a streamlined and user-friendly interface.

Features of the Integration

• Through this collaboration, organizations that utilize both CompAnalyst and Paylocity can benefit from the syncing of their compensation data. The integration enables Paylocity clients to:
• Get more accurate, up-to-date and HR reported market insights by syncing payroll data with CompAnalyst’s extensive compensation database.
• Gain a more holistic view of human capital by analyzing compensation data alongside workforce management data.
• Make job evaluations and classifications more consistent and fairer by leveraging job evaluation methodologies and role matching algorithms.
• Evaluate internal pay disparities among employee groups and take corrective action with the Pay Equity Reporting Toolkit.
• Get insights into compensation strategies and make better data driven decisions with advanced analytics and reporting tools within CompAnalyst.

Getting Pay Right Together

Salary.com and Paylocity share a common goal of transforming workplaces by empowering employees to help organizations thrive. "This partnership brings together two industry leaders to promote fair and equitable pay for employees," said Kevin Plunkett, SVP of Partnerships at Salary.com. "CompAnalyst is an ideal tool for advancing our mission to streamline compensation management while enhancing the workplace experience." This partnership marks the next step in the goal of making fair pay a reality for all workplaces. For more information on this exciting new partnership, click here.