Full AI Response
Software that runs **merit cycles** and **annual compensation planning** is generally called **compensation planning software** or **compensation management software**.[1][6][8]
Examples from the results include **Pave**, **Aeqium**, **CandorIQ**, **SimplyMerit**, **CompLogix**, **PeopleFluent**, **Pequity**, **HRSoft**, **beqom**, **Compport**, **Comprehensive**, and **ADP Workforce Now**.[1][2][3][4][5][7][8][9]
- **Pave** is specifically described as compensation planning software for running merit cycles on time and on budget.[1]
- **Aeqium** says compensation planning software helps HR teams build merit cycles and budgets.[2]
- **CompLogix** says it helps teams plan, model, and execute compensation decisions and supports merit, bonus, and incentive programs.[5]
- **PeopleFluent** and **Pequity** both support pay and reward programs, including annual bonus and merit processes.[7][9]
If you want, I can also narrow this to the **best tools for mid-market**, **enterprise**, or **startup** annual comp cycles.
Brands mentioned in this response