--- description: Detailed reviews on BalancedComp based on features, pricing, usability, and ratings. Get a quick overview advantages and disadvantages. Compare BalancedComp with similar products. image: https://gdm-localsites-assets-gfprod.imgix.net/images/getapp/og_logo-94fd2a03a6c7a0e54fc0c9e21a1c0ce9.png title: BalancedComp Reviews, Prices & Ratings | GetApp Canada 2026 --- Breadcrumb: [Home](/) > [Compensation Management Software](/directory/733/compensation-management/software) > [BalancedComp](/software/2059612/balancedcomp) # BalancedComp Canonical: https://www.getapp.ca/software/2059612/balancedcomp Page: 1 / 5\ Next: [Next page](https://www.getapp.ca/software/2059612/balancedcomp?page=2) > BalancedComp is a cloud-based compensation management platform, which helps small to large financial businesses manage employee incentives, create budget frameworks, monitor staff databases, and streamline internal communications. The solution provides various functionality such as pre-made templates, data import/export, custom reporting, workspace filters, and goal libraries. > > Verdict: Rated **4.8/5** by 86 users. Top-rated for **Likelihood to recommend**. ----- ## Overview ### Key benefits of BalancedComp \- Dynamic Salary Structure Modeling – Build, adjust, and visualize salary structures in real-time with intuitive drag-and-drop functionality. - Integrated Market Pricing Tools – Access real-time salary data and benchmarking insights to ensure competitive, data-driven pay decisions. - Automated Salary Adjustments \& Pay Ranges – Effortlessly calculate and update pay ranges based on market trends and internal equity. - Customizable Reports – Generate detailed, tailored reports to support compensation strategy and executive decision-making. - Extensive Job Description Library – Access and modify over 300 bank and credit union-specific job descriptions, streamlining position management and ensuring consistency. - Effortless Employee Data Import – Our intuitive Import Wizard automatically maps and validates your payroll data, allowing you to seamlessly update employee records with just a few clicks. ## Quick Stats & Ratings | Metric | Rating | Detail | | **Overall** | **4.8/5** | 86 Reviews | | Ease of Use | 4.7/5 | Based on overall reviews | | Customer Support Software | 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 - Customizable Reports - Customizable Templates - Data Import/Export - Document Management Software - 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 Software - Phone Support - Chat ## Category - [Compensation Management Software](https://www.getapp.ca/directory/733/compensation-management/software) ## Alternatives 1. [Deel](https://www.getapp.ca/software/2051182/deel) — 4.8/5 (4265 reviews) 2. [Everstage](https://www.getapp.ca/software/2055909/everstage) — 4.8/5 (956 reviews) 3. [Rippling](https://www.getapp.ca/software/112141/rippling) — 4.9/5 (4616 reviews) 4. [Workhuman](https://www.getapp.ca/software/2050319/social-recognition) — 4.8/5 (2157 reviews) 5. [Workday HCM](https://www.getapp.ca/software/90783/workday-hcm) — 4.5/5 (1734 reviews) ## Reviews ### "Industry specific, which is great" — 4.0/5 > **Stefany** | *February 12, 2019* | Banking | Recommendation rating: 7.0/10 > > **Pros**: I like that their information is industry specific, which is helpful and more relevant that some of the other reports out there. > > **Cons**: If it could be a little more user friendly. It has cute prompts, but sometimes it's hard to know where to start. ----- ### "A True Partner" — 5.0/5 > **Verified Reviewer** | *February 1, 2019* | Banking | Recommendation rating: 10.0/10 > > **Pros**: Using BalancedComp gives me the strength of 10 people. If I were to replicate the same process and results, I would be spending hundreds of hours and tens of thousands of dollars. BalancedComp brings in a variety of salary sources, levels them, and presents the information in a very usable fashion. Additionally, the software gives us a default compensation philosophy we can use to springboard in developing our own. This was particularly helpful when we first started taking a deeper dive into compensation restructuring. Lastly, the support I get from BalancedComp is superb. They can't always provide me with a solution at no additional cost, but they listen to me needs and work really hard to find a way to help me. I always feel helped and to sold to. > > **Cons**: As a data guy, I like to splice and dice the information to glean insights on the results of implementing our compensation strategy. I care that we are paying at market and on schedule based on experience in the position. I really heavily on the reports BalancedComp provides. However, there are some views that I want that the system can't generate. So I end up manually entering the data in Excel in order to produce the reports I want. Because I'm only one of a handful of clients that asks for these special reports, BalancedComp just can't justify investing their development into providing these reports. ----- ### "Useful and comprehensive service" — 4.0/5 > **Arwa** | *October 22, 2019* | Financial Services Software | Recommendation rating: 5.0/10 > > **Pros**: We used their service long time ago when I worked at the bank. They provide a very comprehensive package and consulting on pay based on performance backed up with solid facts and data. > > **Cons**: I don't like how expensive their service can be especially and also they take a long time to complete performance. > > It's been a useful service and I would recommend to banks and credit unions, especially smaller ones. ----- ### "Great Product and Easy to Use" — 5.0/5 > **Verified Reviewer** | *February 1, 2019* | Financial Services Software | Recommendation rating: 9.0/10 > > **Pros**: It is a very easy product to use - from inputting your employees to sorting to seeing where the fall in their labor grade (comp ratio). Reports that would take hours to do if you were trying to do it manually to do are generated in seconds. There are lots of templates/samples so you don't have to start from scratch. Love that is is specific to the credit union world. Their customer service is great and they are open to listening to suggestions if you have any way to improve their product. > > **Cons**: For the most part there really isn't anything that I don't like about their products (Balanced Comp and Balanced Results) > > BalanceComp has been a great company to work with. Their products have really helped HR look well prepared when asked by our CEO and CFO for reports/budgets. ----- ### "Balanced Comp Revew" — 5.0/5 > **Verified Reviewer** | *February 4, 2019* | Banking | Recommendation rating: 9.0/10 > > **Pros**: The system is easy to navigate and user friendly.The Customer support is great. If you need assistance with any aspect of compensation, such as grading positions, market conditions for a specific position, or compensation trends, they will get you the information you need. The database of benchmark positions is also helpful, and their reports are one click and easy to use. > > **Cons**: There is no report writer tool; therefore, you must use the reports that are in the system. Also when scrolling down, column headings disappear, and you lose sight of the content ‘title’ to know what number you are reviewing (such as rate, range mid-point of the range, etc.) It would be helpful to have column headers frozen on employee lists. > > Excellent. ----- Page: 1 / 5\ Next: [Next page](https://www.getapp.ca/software/2059612/balancedcomp?page=2) ## Links - [View on GetApp](https://www.getapp.ca/software/2059612/balancedcomp) ## This page is available in the following languages | Locale | URL | | en | | | en-AE | | | en-AU | | | en-CA | | | en-GB | | | en-IE | | | en-NZ | | | en-SG | | | en-ZA | | ----- ## Structured Data