6 Compensation Planning Software Tools for Enterprise Teams in 2025

In this article, we will explore 6 of the best compensation planning software tools for comp teams in 2025. 

Why Compensation Planning Is So Complex at the Enterprise Level

Enterprise compensation cycles often involve thousands of employees, multiple pay types, cross-border compliance, and strict approval workflows. Manual processes—like spreadsheets or disconnected HRIS tools—can create compliance risk, inefficiencies, and frustrated stakeholders.

The Benefits of Compensation Planning Software

Modern compensation planning software platforms offer:

• Audit-ready approvals with version control
• Scalable review cycles across teams and regions
• Live budget impact visibility
• Support for equity, bonus, and custom pay types
• Clearer collaboration between HR, Finance, and managers
• AI tools and agents for analytics, benchmarking, and comp cycles

Top 6 Compensation Planning Software Tools

1. Pequity

Pequity is purpose-built compensation planning software for enterprise HR and Total Rewards teams. It offers robust configurability and scalability without sacrificing speed or usability.

• Flexible review cycle setup by department, region, or role
• Live comp data updates and mid-cycle edits
• Handles merit, bonus, equity, and promotions in one system
• Advanced permissioning and audit trail for compliance
• Real-time budget tracking and reporting
• AI tools for complex compensation workflows and benchmarking

2. Mercer Comptryx

A market benchmarking and workforce analytics platform for large enterprises.

• Salary benchmarking across 100+ markets
• Supports DEI and pay equity analytics

3. Carta

Equity management software widely used for RSUs and stock options.

• Tracks grants, vesting, and refreshes
• Used alongside Pequity for end-to-end equity planning

4. Syndio

Syndio provides pay equity and workplace fairness analytics to help companies identify disparities, support DEI goals, and meet compliance requirements

• Used by enterprise Total Rewards teams to audit pay equity
• Models compliance 
• Supports global compliance with tools for transparency and fairness
• Often complements compensation planning systems with data insights and legal risk analysis

5. BambooHR

HRIS that integrates clean employee and job data into your compensation workflow.

• Central source of truth for compensation attributes
• Integrates with platforms like Pequity for planning execution

6. Workday HCM

Workday serves as the central source of employee, job, and level data for many enterprise HR teams. It enables structure and consistency—but most companies layer on more specialized tools to execute their planning.

• Helping ensure consistency across HR, Finance, and Total Rewards systems
• Providing clean inputs for planning tools like Pequity
• Syncing job architecture, location, and compensation eligibility data
• Integrates with platforms like Pequity for planning execution

Final Thoughts

Compensation planning software has become mission-critical for enterprise companies navigating complex pay structures, compliance risks, and growing expectations for pay transparency. Platforms like Pequity offer purpose-built solutions designed to manage the most complex comp cycles at scale—with auditability, configurability, and speed built in.

Ready to streamline compensation planning? Book a demo and see how Pequity helps teams like yours run smarter, faster comp cycles.