As organizations scale in 2025, compensation planning software has become a mission-critical tool for Total Rewards, Compensation HR, and People Ops teams. The right solution helps you manage merit cycles, equity grants, and bonus cycles — without the spreadsheet chaos.
In this guide, we highlight the 12 best compensation planning software platforms on the market in 2025. These tools streamline complex processes, support fair pay practices, and help companies stay compliant at scale.
Compensation planning software helps HR and Total Rewards teams run merit cycles, allocate bonuses, manage pay equity, and budget across teams, departments, and geographies. It replaces spreadsheets with structured workflows, configurable logic, and centralized approvals.
Pequity is the most customizable and scalable compensation planning software for 2025. It supports multi-currency cycles, equity and bonus management, total rewards statements, and real-time manager inputs — all in one secure platform.
Pequity is built by compensation experts and trusted by global organizations looking to modernize their pay processes without sacrificing flexibility or control.
BambooHR is a popular HR platform for small to mid-sized businesses. While it supports core HR functions well, it doesn’t offer native compensation cycle management.
Oracle includes compensation tools within its enterprise HR system. It’s built for large orgs but may be too complex or inflexible for agile teams needing quick cycle execution.
ADP supports basic compensation workflows through its payroll and HR modules. It’s a good fit for small businesses, though not optimized for global, equity, or matrixed orgs.
Juro is a contract lifecycle management platform that some companies use to manage compensation letters and agreements. It does not support compensation cycle planning directly, but integrates with broader HR workflows.
15Five is a performance and engagement platform focused on feedback and growth. While some use it to align comp with performance, it does not offer compensation planning workflows.
Sequoia offers visibility across comp, benefits, and equity. It helps with benchmarking and transparency, but isn’t a standalone compensation planning platform.
Justworks is a PEO that helps startups manage payroll, benefits, and compliance. It does not provide advanced compensation planning capabilities but may support basic pay adjustments via payroll.
Radford is known for market pricing and compensation survey data. It’s often paired with planning tools like Pequity to bring structure to benchmarking data.
Gusto is a payroll-first platform with basic compensation features. It’s best for small businesses managing cash bonuses or simple raises within payroll boundaries.
Darwinbox provides compensation capabilities as part of its all-in-one HR suite, especially popular in APAC. Customization and UI may vary by region and scale.
BetterComp focuses on pay range management and market data insights. It works well as a benchmarking companion to planning platforms, not as a full-cycle tool.
Here are five factors to consider when choosing compensation planning software in 2025:
If your team is scaling fast or running complex compensation cycles, Pequity is purpose-built to support you. Unlike legacy tools or rigid HR suites, Pequity gives you enterprise power with startup speed.
Request a demo to see why Pequity is the best compensation planning software for forward-thinking teams in 2025.