Parity Software vs PaySymmetry

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.

PaySymmetry has no write-up on Specifiction yet; its figures are above.