--- description: Review of BalancedComp Software: system overview, features, price and cost information. Get free demos and compare to similar programs on Software Advice New Zealand. image: https://gdm-localsites-assets-gfprod.imgix.net/images/software_advice/og_logo-55146305bbe7b450bea05c18e9be9c9a.png title: BalancedComp | Reviews, Pricing & Demos - SoftwareAdvice NZ --- Breadcrumb: [Home](/) > [Compensation Management Software](/directory/428/compensation-management/software) > [BalancedComp](/software/272019/balancedcomp) # BalancedComp Canonical: https://www.softwareadvice.co.nz/software/272019/balancedcomp Page: 1 / 5\ Next: [Next page](https://www.softwareadvice.co.nz/software/272019/balancedcomp?page=2) > Designed for financial institutions, BalancedComp is a cloud-based solution that helps streamline compensation management through trend analysis, budget frameworks, salary planning, employee directory and performance tracking. Key features include e-signatures, financial reports, data import, custom templates, commenting, data dashboards and event management. BalancedComp offers a custom reporting function that allows human resources (HR) managers to determine employee salary ranges through market trends, minority status, performance reports, grade, gender, location, job classification and more. The platform enables recruiters to generate appraisal letters, plan budget scenarios, develop job descriptions and ensure pay parity. Additionally, it helps managers streamline internal communications and conduct feedback sessions. The platform also extends customer support through chat and phone. > > Verdict: Rated **4.8/5** by 86 users. Top-rated for **Likelihood to recommend**. ----- ## Quick Stats & Ratings | Metric | Rating | Detail | | **Overall** | **4.8/5** | 86 Reviews | | Ease of Use | 4.7/5 | Based on overall reviews | | Customer Support | 4.8/5 | Based on overall reviews | | Value for Money | 4.7/5 | Based on overall reviews | | Features | 4.5/5 | Based on overall reviews | | Recommendation percentage | 90% | (9/10 Likelihood to recommend) | ## About the vendor - **Company**: BalancedComp - **Location**: Wichita, US - **Founded**: 2010 ## Commercial Context - **Pricing model**: Other - **Pricing Details**: Pricing is based on an annual base fee. BalancedComp also charges a one-time setup fee. - **Target Audience**: Self Employed, 2–10, 11–50, 51–200, 201–500, 501–1,000, 1,001–5,000, 5,001–10,000, 10,000+ - **Deployment & Platforms**: Cloud, SaaS, Web-based - **Supported Languages**: English - **Available Countries**: United States ## Features - Activity Dashboard - Alerts/Notifications - Approval Process Control - Benchmarking - Bonus Management - Budget Management - Compensation Plan Modeling - Compensation Statements - Customisable Reports - Customisable Templates - Data Import/Export - Document Management - Employee Database - Employee Management - Employee Portal - Employee Reward Programs - Goal Setting/Tracking - Incentive Management - Market Data Analysis - Performance Management ## Support Options - Email/Help Desk - Knowledge Base - Phone Support - Chat ## Category - [Compensation Management Software](https://www.softwareadvice.co.nz/directory/428/compensation-management/software) ## Alternatives 1. [Everstage](https://www.softwareadvice.co.nz/software/264626/everstage) — 4.8/5 (955 reviews) 2. [Rippling](https://www.softwareadvice.co.nz/software/410674/rippling) — 4.9/5 (4614 reviews) 3. [Deel](https://www.softwareadvice.co.nz/software/248344/deel) — 4.8/5 (4265 reviews) 4. [Workhuman](https://www.softwareadvice.co.nz/software/291733/recognition-intelligence) — 4.8/5 (2157 reviews) 5. [Workday HCM](https://www.softwareadvice.co.nz/software/390210/workday-hcm) — 4.5/5 (1733 reviews) ## Reviews ### "Great Resource." — 5.0/5 > **Theresa** | *19 March 2025* | Banking | Recommendation rating: 10.0/10 > > **Pros**: Support and the ability to compare the market salaries. > > **Cons**: I would like to be able to upload my job descriptions so that creating a new role would be easier. > > I am very pleased with BalancedComp. The support team is very responsive and easy to work with. Performance management is a great tool. ----- ### "Need a support line" — 4.0/5 > **Juan** | *18 March 2025* | Financial Services | Recommendation rating: 6.0/10 > > **Pros**: the ease of updating and creating positions > > **Cons**: There is no support line to call. Sending a ticket and not knowing if it has been reviewed or what its status is. There is no place on the admin page to see your support ticket. There is no confirmation email with a ticket number. There is just the chat that says a ticket has been created. I am not a fan. > > For the most part, this is a sound system. There is room to make improvements, but I'm not sure we can wait for the improvements we need. ----- ### "BalancedComp Review" — 5.0/5 > **Verified Reviewer** | *1 February 2019* | Banking | Recommendation rating: 10.0/10 > > **Pros**: The whole system is user friendly. That pertains to whether you are setting up new position, reviewing employee information or running reports. > > **Cons**: There is nothing that I dislike about the BalancedComp system. ----- ### "Comp experts a phone call away" — 5.0/5 > **April** | *7 March 2025* | Banking | Recommendation rating: 10.0/10 > > **Pros**: The people and the service they provide. I love how my relationship manager guides me through the process. She understands our business, has experience to draw upon, and helps me create conversations to have with our leadership team and employees. > > **Cons**: I wish I could integrate this with our payroll system. Our payroll system won't allow it. > > Working with BalancedComp has been a game-changer for our organization. Their expertise in creating a tailored compensation strategy helps us retain our top talent and attract new, high-caliber individuals. Their data-driven approach ensures we stay competitive in the market. I highly recommend BalancedComp for any financial institution looking to optimize its compensation strategy\! ----- ### "BalancedComp wins with topnotch client support" — 5.0/5 > **Karen** | *21 March 2025* | Financial Services | Recommendation rating: 10.0/10 > > **Pros**: We moved from a compensation competitor to BalancedComp a few years ago. BalancedComp's user interface is superior in all ways. The website is easy to navigate and customize. The compensation range recommendations are more aligned with our markets and the reports are easy to understand. > > **Cons**: I haven't found anything yet. They are very responsive to client suggestions and one or two of my ideas have shown up during product updates. > > The best thing about BalancedComp is the support\! Every experience I've had with their team has been positive and productive. They offer ongoing training, which is so helpful when it's time to develop an annual compensation budget. I 100% recommend them if you in the market for a compensation vendor. ----- Page: 1 / 5\ Next: [Next page](https://www.softwareadvice.co.nz/software/272019/balancedcomp?page=2) ## Links - [View on SoftwareAdvice](https://www.softwareadvice.co.nz/software/272019/balancedcomp) ## This page is available in the following languages | Locale | URL | | en | | | en-AU | | | en-GB | | | en-IE | | | en-NZ | | ----- ## Structured Data