Parity Software vs Parmetra

Parity Software is a cloud-based tool for organizations assessing whether employee compensation is internally equitable. It groups comparable jobs and analyzes pay to support internal pay reviews. The job valuation module automates job banding and generates printable job descriptions; the employee valuation module provides pay equity worksheets and demographic reporting. Listed plans also include “what if” pay scenarios for evaluating compensation changes. The service runs in a web browser without a software download, and the maker describes it as designed by HR professionals for HR professionals. A free trial costs nothing and covers up to three employees, three job descriptions, pay equity analysis, demographic reporting, and scenarios. Paid monthly plans start at $150 a month; annual options include Business at $1,600 a year, Company at $6,700 a year, and Enterprise at $10,800 a year. Limits on employees, job descriptions, users, and analysis groups vary by plan. One-time expert setup is available. Customers may switch plans or cancel, though early cancellation of an annual subscription incurs the difference between monthly and annual charges.

Parmetra is a web platform for EU employers and HR and compliance teams managing pay-transparency requirements. It calculates mean and median pay gaps across an organization and within work categories, flags the 5% joint-assessment trigger, and exports snapshots for regulators. Its point-factor engine scores roles on skills, effort, responsibility, and working conditions to group jobs of equal value using objective, gender-neutral criteria. Employers can publish salary ranges on vacancies and record the ban on salary-history questions. Employees can request average pay by sex for their category, with a tracked two-month response clock. Optional AI drafting proposes job-valuation criterion scores from a position title, but a person decides each score. The platform supports all 24 official EU languages. Growth includes Personio HRIS synchronization and salary-history tracking. Parmetra says workforce data is stored in the EU, with its primary application database in Frankfurt, Germany, and encrypted in transit and at rest. Workspaces are invitation-only and set up by the team; there is no self-service signup. Starter costs €179 a month; Growth costs €599 a month; Enterprise costs €1,199 a month; Scale costs €2,399 a month.