What software runs merit cycles and annual compensation planning?

# Software for Merit Cycles & Compensation Planning

Several categories of tools handle this:

## **Dedicated Compensation Management Platforms**

- **Workday Compensation** - Integrated with HR/payroll

- **Salary.com/PayScale** - Market data and planning

- **Culpepper** - Compensation surveys and analysis

- **Pearl Meyer** - Enterprise compensation consulting tools

## **HR/Talent Management Suites** (often included)

- **Workday**

- **SuccessFactors** (SAP)

- **Oracle HCM Cloud**

- **ADP Workforce Now**

- **BambooHR** (mid-market)

- **Guidepoint**

## **Specialized Features These Provide**

- Budget allocation and modeling

- Market benchmarking

- Performance-to-pay mapping

- Equity management

- Approval workflows

- Audit trails and compliance reporting

## **Key Considerations**

- **Integration** with existing HRIS/payroll systems is critical

- **Organization size** matters—enterprise vs. mid-market vs. SMB solutions differ significantly

- Some companies use **spreadsheet-based systems** supplemented with data tools

**What's your organization size or current HR system?** That would help narrow down the best fit.