PAYFEDERATE FAQ
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Get answers about the platform, market data, job management, and getting started with Payfederate.
21 questions across 6 topics
General Questions
What can I do with Payfederate?
Payfederate, a leading compensation management software, enables you to integrate your market data with internal salary ranges and employee data to create, optimize, and connect your compensation structure.
Who in my organization will have access to Payfederate?
The key users are those in your organization that manage and benchmark jobs. You choose who gets access beyond that team. Ideally, the talent acquisition team, management, and employees will have access to the data and analysis they need.
What job architectures does Payfederate support?
We support your job architecture, whether it is a collection of jobs, a structure of salary grades, or a more robust architecture with multiple geography differentials, levels, grades and jobs, providing unparalleled flexibility in a compensation management software.
Does Payfederate provide compensation planning — the annual salary review process?
No. The compensation planning process is closely linked to payroll and is often custom to each organization. Payfederate provides planning tools to align the budget for your next review cycle with your compensation strategy, allowing you to run your existing process more effectively.
Benchmarking
Does Payfederate provide salary benchmarking data?
Payfederate supports the benchmark data you already license and offers integrated market data options from Marsh and Salary. You can bring your own surveys, choose an integrated data package, or combine sources. Data coverage, licensing, and pricing depend on the source and package you select. Explore market pricing and survey management.
How does Payfederate support benchmarking jobs?
Payfederate connects your internal salary ranges with the external data you choose. We integrate your choice of market data to inform your internal ranges and allow you to see how employees and candidates will be affected by changes to your internal ranges.
How does Payfederate map internal jobs to benchmark jobs?
Matching your jobs to the correct benchmark is a tedious and manual process with only vague job titles as a guide. Payfederate uses a proprietary AI algorithm to match key elements out of your job description with the benchmarking job descriptions to make job matching faster, easier, and more accurate.
Job Management
Can I manage my job descriptions in Payfederate?
Yes! It’s key to have a system to manage job descriptions to ensure employees doing similar work are treated fairly. Payfederate offers a job catalog to ensure consistency in job descriptions, and to ensure that specific roles are nested under the correct job.
How do I create a new job?
Payfederate offers a generative AI tool to create a job description from your template with just a few key word inputs. Our AI engine also provides a recommendation for where a new job fits in your job architecture and proposes a salary range for that role.
Digital Total Rewards Statements
What is included in the digital total rewards statement?
Everything you believe is part of your rewards package. This includes base pay, variable pay, long term incentives like stock, one-time bonuses, and the value of benefits. We also provide history and a section of FAQ so you can help position rewards when the employee is actively focused on their pay.
How do my employees access their Total Rewards statement?
We can provide links from your employee portal or distribute links via email and make statements available on-demand, or we can make the statements available to employees during windows that you define.
Offer Management
Is Payfederate a recruiting solution/Applicant Tracking System (ATS)?
No. Recruiting tools are optimized to find candidates and manage the recruitment process. Payfederate integrates with and supports your ATS by making it easy to create job postings that flow into the ATS, and once you decide to make an offer, we enable creation, communication, and negotiation of the offer.
How does a candidate receive an offer?
You can provide a custom link to the candidate or download and print the offer to send a more traditional version.
Implementation
What data is required for Payfederate?
The starting point is your current employee data and any compensation structure you have in place. You can add your current source(s) of market data and information on your candidate pipeline, but those can come later.
What systems does Payfederate integrate with?
We integrate with 3 sources of data – your employee data from your HR system, your candidate data from your recruiting system, and your market data provider. We can either integrate via API or ingest files.
How does Payfederate protect my data?
Data security and privacy are our top priority. We run on AWS and use all AWS best practices, including end to end encryption, multi-factor authentication, and extensive policies to ensure data is protected.
How is Payfederate AI-based?
Payfederate views AI, especially generative AI and natural language processing, as fundamental to the next wave of productivity. Our compensation management software utilizes it to recommend job matches for internal roles to benchmark data, to generate consistent job descriptions, and to generate job postings that fit within the job architecture. These AI-driven features make Payfederate an invaluable tool for compensation consulting.
How do you ensure your AI is ethical and safe?
In our system, AI is a co-pilot – assisting the user to get to better answers faster. We utilize every possible method to avoid bias in our AI guidance, but ultimately our goal is to empower people and rely on their judgement and experience rather than an algorithm.
Can I try Payfederate for free?
Yes! We’d like all our customers to try the platform with your data before we expect a commitment to a subscription.
How much effort do I need to implement a free trial?
Not much. We’ll need just a couple of hours to understand your requirements and gain access to the data required and we’ll do all of the work.
How much does Payfederate cost if I choose to subscribe after my free trial?
Pricing depends on your employee count, selected modules, and scope. Companies can choose a Full Payfederate Suite plan — Essential, Standard, or Enterprise — or purchase individual modules. Offers & Statements is free with the purchase of any two modules.
Consulting firms can choose Job Pricing, Project, or Foundation. Job Pricing starts at $3,999 per year, billed annually; Project pricing depends on client headcount and modules, and Foundation offers partner pricing.
Compare plans, explore individual modules, or request a quote for your organization.
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