SimplyMerit

Cloud-based HR compensation management with insight analysis

About SimplyMerit

SimplyMerit from MorganHR is a cloud-based HR compensation management software solution that supports business leaders with optimizing merit spend budgets and annual bonus pools. Promising “Live in Five” days deployment and configuration time, the centralized system imports existing compensation data, and connects into established performance management processes with integration for ADP Workforce and Namely. With real time capability, SimplyMerit handles currency conversions, applies prorations automatically, while also generating and distributing adjustment letters. Requested compensation adjustments remain transparent throughout the software which has been designed to follow the traditional merit pay adjustment request and approvals workflow.

Additionally, SimplyMerit offers a collaboration engine for assisting the collaborative work between teams of users, while tracking all updates and changes for auditing purposes. Secure user permissions ensure that only authorized managers have access to sensitive compensation data. Predictive modeling tools go on to advise on the projected impact of any planned compensation adjustments, with real time monitoring applied to set budgets. Analytics is also provided in the form of SimplyMerit Insights, which combines a company’s data with MorganHR consultancy to deliver boardroom-ready reports. These include compensation insights spanning biases and disparities, gender-pay differentials, HIPOs, employees at risk, market pay and budget allocation analysis, plus a range of identified merit cycle outliers.

Pricing starting from:

US$6 500,00/year

  • Free Version
  • Free Trial
  • Subscription

Key benefits of SimplyMerit

• SimplyMerit from MorganHR is an online HR compensation management solution that promises rapid "Live in Five!" implementation, importing existing data and connecting to performance management processes etc to go live in five days or less.

• SimplyMerit has support for global currencies, automatic prorations, plus one-click generation and distribution of multilingual compensation adjustment letters.

• Interface designed to intuitively follow the natural workflow for handling merit pay adjustment requests and making approvals, with a collaboration engine supporting multiple users and tracked system updates for auditing.

• Modeling capabilities allow HR teams to model and forecast the holistic results of any planned compensation adjustments, aiding the setting of budgets that are tracked in real time.

• SimplyMerit Insights delivers analysis of a company's compensation environment by combining gathered data with the knowledge of MorganHR consultants to provide a bespoke "board-ready" report detailing compensation insights and merit cycle outliers.

Devices

Business size

S M L

Markets

Canada, United States

Supported Languages

English

Pricing starting from:

US$6 500,00/year

  • Free Version
  • Free Trial
  • Subscription

Images

SimplyMerit Software - SimplyMerit is a cloud-based HR compentation management software solution for global business users
SimplyMerit Software - SimplyMerit promises to give HR departments and managers a comprehensive level of visibility into the compensation process, showing here searchable employee data for a particular organization
SimplyMerit Software - The SimplyMerit interface has been designed to follow the natural workflow for merit pay adjustment requests and approvals in order to be intuitive for all users
SimplyMerit Software - An example of SimplyMerit's Salary tab detailing employee data pertaining to a particular work team with Merit fields for making salary adjustments for certain members of staff
SimplyMerit Software - The bonus tab allows for the definition of bonus allocations, showing here the submission of company and discretionary bonuses to certain team employees plus an overview of the total allocated bonus budget overall
SimplyMerit Software - Configuration options include the Budget Amounts tab, showing a budget overview with a page as shown for setting and submitting budget amounts
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SimplyMerit video
SimplyMerit Software - SimplyMerit is a cloud-based HR compentation management software solution for global business users SimplyMerit Software - SimplyMerit promises to give HR departments and managers a comprehensive level of visibility into the compensation process, showing here searchable employee data for a particular organization SimplyMerit Software - The SimplyMerit interface has been designed to follow the natural workflow for merit pay adjustment requests and approvals in order to be intuitive for all users SimplyMerit Software - An example of SimplyMerit's Salary tab detailing employee data pertaining to a particular work team with Merit fields for making salary adjustments for certain members of staff SimplyMerit Software - The bonus tab allows for the definition of bonus allocations, showing here the submission of company and discretionary bonuses to certain team employees plus an overview of the total allocated bonus budget overall SimplyMerit Software - Configuration options include the Budget Amounts tab, showing a budget overview with a page as shown for setting and submitting budget amounts

Features

Total features of SimplyMerit: 14

  • Audit Management
  • Bonus Management
  • Compensation Plan Modeling
  • Compensation Statements
  • HR Management
  • Incentive Management
  • Multi-Currency
  • Organizational Charting
  • Performance Management
  • Reporting & Statistics
  • Reporting/Analytics
  • Salary Planning
  • Third Party Integrations
  • Workflow Management

Alternatives

ADP Workforce Now

4,4
#1 Alternative to SimplyMerit
ADP Workforce Now is a cloud-based human capital management, talent management, and benefits software built for...

CompensationXL

4,8
#2 Alternative to SimplyMerit
Ultra-configurable Compensation Planning Software to support your merit, bonus, equity, and total rewards statements...

Quickbase

4,5
#3 Alternative to SimplyMerit
Quickbase provides a no-code operational agility platform that enables organizations to improve operations through real...

Talentia HCM

0
#4 Alternative to SimplyMerit
Talentia HCM is an HR & talent management software offering organisations a solution with tools to manage, motivate &...

Reviews

Overall rating

4,7 /5
(19)
Value for Money
4,8/5
Features
4,3/5
Ease of Use
4,8/5
Customer Support
4,9/5

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Showing 5 reviews of 19
Steven A.
Overall rating
  • Industry: Computer Software
  • Company size: 501-1 000 Employees
  • Used Monthly for 1-5 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Great product

Reviewed on 2020/07/29

Great experience with the product. I had it up and running within a day. Sent out to a hundred...

Great experience with the product. I had it up and running within a day. Sent out to a hundred managers without training and all were able to use without an issue.

Pros

Ease of use and implementation. Very well designed with clean interface. Was up and running in days

Cons

Lack of customization limits you to use the product as it is designed. Most things are there but would be nice to have a little more flexibility

Response from MorganHR

Thank you, Steve! We recently rolled out significant advancements in customization options and will schedule time with you to share as well as solicit additional feedback.

Melanie M.
Overall rating
  • Industry: Computer Software
  • Company size: 201-500 Employees
  • Used for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

SimplyMerit - Excellent Tool for Compensation/Merit Increase Management

Reviewed on 2020/10/30

Excellent - [SENSITIVE CONTENT HIDDEN] is fantastic. He understands how compensation/merit systems...

Excellent - [SENSITIVE CONTENT HIDDEN] is fantastic. He understands how compensation/merit systems work and is a great resource when questions arise. He's very knowledgeable.

Pros

Ease of use and quick implementation time.

Cons

Great product and they always seem to be updating it. The only request I would have is that they make it to where information can be manually entered since right now, all must be uploaded. Uploading is great when you have a lot of information to get into the system at one time, but when you just have a quick change or addition here and there, the ability to get into the program and just quickly enter a change would make a HUGE difference.

Alternatives Considered

ADP Workforce Now

Reasons for Switching to SimplyMerit

It was flexible in the merit increase process. A lot of comp programs do not have the flexibility we needed.

Response from MorganHR

Thank you, Melanie! We appreciate the feedback, and you'll be happy to know that your requested feature is in development right now and should be in testing this week!

Joe R.
Overall rating
  • Industry: Packaging & Containers
  • Company size: 5 001-10 000 Employees
  • Used for 6-12 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 8.0 /10

2020 Merit Increases

Reviewed on 2020/07/24

Overall the tool was such a time saver. Adjustments that took weeks to do in the past were resolved...

Overall the tool was such a time saver. Adjustments that took weeks to do in the past were resolved in minutes. Looking forward to learning the advances in the tool to implement those the next time we use Simply Merit.

Pros

Painless to load information into the tool. Extremely easy to navigate the tool as a manager to adjust merits amounts, review seeded metrics, and approve. Elimination of using spreadsheets and not having to always revise and send out new spreadsheets to managers was such a time saver. Ability to retrieve approvals in the matter of seconds was so instrumental in having the merit process run so smooth.

Cons

Not having delegates able to approve for executives was a bit of a challenge. Managers not being able to sign in due to email addresses with upper case alphabets was also a thorn.

Response from MorganHR

Hello Joe!
We are not sure if you have heard the news yet, but we wanted to let you know that your feedback has been heard and SimplyMerit now supports delegates!

If serving as a delegate, or proxy, for multiple managers, it is possible to switch between different managers by selecting the dropdown menu that is located in the top right corner of the window next to the "SIGN OUT" button.

Thank you again for taking the time to provide your review of SimplyMerit. Ease of use is definitely a hallmark of our design.

Jean P.
Overall rating
  • Industry: Machinery
  • Company size: 10 000+ Employees
  • Used for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Best software for Merit and Bonus process!

Reviewed on 2019/12/06

Pros

It was the best choice our compensation department ever made. We were struggling doing the Merit and Bonus process with spreadsheets, sending hundreds of emails. And SimplyMerit does it all and much more.
Great customer service and helpdesk. It's easy to use from an administrator point-of-view and end-user as well. So many features that make your Merit and Bonus process easier and safe. We saved a lot of time on the approval process.

Cons

None. Every day I use the system I find a new applicability, a new feature that makes the process easier.

Alternatives Considered

CompensationXL and Quickbase

Reasons for Switching to SimplyMerit

Price range, more focused on Merit and Bonus process, functionalities and responsiveness.

Response from MorganHR

Thank you so much for the wonderful review, and being so insightful when we talk with you about your process. We really appreciate your input!

Amy S.
Overall rating
  • Industry: Nonprofit Organization Management
  • Company size: 201-500 Employees
  • Used for 6-12 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 9.0 /10

Easy and quick implementation

Reviewed on 2020/07/29

Overall, my experience was positive. The process of implementing the system didn't take long at...

Overall, my experience was positive. The process of implementing the system didn't take long at all. Our managers picked up on the process quickly and there was very little support needed from administrators.

Pros

The implementation process was quick and easy and was definitely better than the manual Excel spreadsheets we were using before for the merit increase process. I love that the workflow can be set and progress can be tracked. Once all merit/promotion decisions were completed, we were able to create a simple download file to import into our accounting system.

Cons

We were able to build out for some of our exceptions, but not all. We were not able to build an automated step process in for our attorneys, they had to be moved to the next step by changing the merit percentage. It wasn't a hard process, but it was something that was done by HR before the process was sent to managers for approval.

Alternatives Considered

ADP Workforce Now

Reasons for Switching to SimplyMerit

Cost and time to implement was lower than others. SimplyMerit was able to help us build out the process for some of our exceptions.

Response from MorganHR

Thank you, Amy, for taking time to write such a great review.

Showing 5 reviews of 19 Read all reviews

SimplyMerit FAQs

Below are some frequently asked questions for SimplyMerit.

SimplyMerit offers the following pricing plans:

  • Starting from: US$6 500,00/year
  • Pricing model: Subscription
  • Free Trial: Available

Annual license based on number of employees and includes unlimited support – request full pricing information via the website.

SimplyMerit has the following typical customers:

2-10, 11-50, 51-200, 201-500, 501-1 000, 1 001+

SimplyMerit supports the following languages:

English

SimplyMerit supports the following devices:

SimplyMerit integrates with the following applications:

ADP Workforce Now, Namely

SimplyMerit offers the following support options:

Email/Help Desk, FAQs/Forum, Phone Support, Chat

Related categories

See all software categories found for SimplyMerit.