Carta Total Compensation vs SimplyMerit
Carta Total Compensation
carta.comSimplyMerit
morganhr.comSide by side
| Figure | Carta Total Compensation | SimplyMerit |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | — | Yes |
| Open source | — | — |
| Web | Yes | Yes |
| Plans published | 1 | 0 |
| Spec score · Compensation Management Software | 7.3 (#11) | 7.2 (#15) |
| Employee communications | The product includes offer letters and total reward statements that show employees their salary and equity compensation. | It can generate personalized Total Rewards Statements and provide an Employee Portal showing employees the value of their pay, equity, and benefits. |
| Headquarters | San Francisco, California, United States | Deer Park, Illinois, United States |
| Purpose | Carta Total Compensation provides private market salary and equity benchmarks by role, level, and region to help companies forecast, hire, and retain talent. | SimplyMerit is a cloud-based compensation tool for managing merit, bonus, and equity cycles. |
| Support | Carta offers a demo and video tour for Total Compensation. | MorganHR offers compensation consulting and management training alongside SimplyMerit. |
Plans
In their own words
Carta Total Compensation
Carta Total Compensation has no write-up on Specifiction yet; its figures are above.
SimplyMerit
SimplyMerit is cloud-based compensation software for managing salary adjustments, bonuses, promotions, lump-sum decisions and equity grants. Compensation professionals, leaders and managers can work together and monitor changes in real time. Budget tools handle multiple currencies and give managers a shared view of compensation and worldwide budgets. Configurable workflows support adjustment requests and approvals, including final executive approval. The software can generate compensation statements and configurable Total Rewards Statements, and includes an Employee Portal. Its analysis features can help identify biases, disparities, trends and outliers, and produce analytical reports. Organizations can import HRIS data; named examples include ADP, BambooHR and UKG. SimplyMerit requires no download or installation and is described as accessible from virtually any device, including mobile devices. MorganHR says it supports setup through the first compensation cycle and aims to have customers live in five days or less. Pricing is available on request. MorganHR offers a free trial instance using the customer's data for two full weeks. Its One-Day Challenge says the first-year license is free if it cannot load the previous merit spreadsheet in one day; the offer specifies a multi-year license if that takes longer.