SimplyMerit
Intuitive compensation management platform for merit, bonus, and equity planning
Executive Summary
SimplyMerit by MorganHR is a cloud-based compensation management software built specifically to replace disconnected spreadsheets during merit pay, annual bonus, and equity review cycles. Designed by veteran compensation consultants, it enables HR leaders to set up customized guidelines, budget pools, and approval hierarchies while offering people managers an intuitive interface to allocate rewards. The platform provides real-time budget tracking, workflow approvals, and executive analytics to ensure pay equity, policy compliance, and fiscal discipline across departments. SimplyMerit integrates with major HRIS and payroll systems, simplifying data exchange and eliminating manual cycle errors.
Use Cases
- Annual merit increase planning and salary adjustments
- Short-term incentive and annual discretionary bonus allocation
- Multi-tier approval workflows and executive rollups during compensation cycles
- Pay equity and compensation guideline adherence tracking
Features
Visibility
- Real-Time Budget Rollups: Live monitoring of merit and bonus budget utilization across departments and management tiers.
- Manager Worksheet: Spreadsheet-like user interface tailored for frontline managers to easily input rewards without training.
Intelligence
- Compensation Modeling: Pre-cycle simulation and modeling of various merit matrices and bonus pool funding scenarios.
- Audit Tracking: Comprehensive audit logging of all recommendation adjustments, approvals, and overrides.
Support
- Dedicated Implementation Consulting: Hands-on setup and cycle assistance provided by experienced compensation specialists.
Technical Specifications
- Architecture
- Cloud-native multi-tenant SaaS
- Deployment
- SaaS
- Authentication
- SSO/SAML, MFA
- API Available
- Yes
- MCP Server
- No
Infrastructure
- AWS
Integrations
- Workday
- UKG Pro
- Dayforce
- ADP
- BambooHR
- Paylocity
- SAP SuccessFactors
Security & Compliance
Certifications: SOC 2
Encryption: Data encrypted in transit via TLS and at rest via AES-256
Pricing
- Model
- Subscription per employee per year
- Starting Price
- Contact sales
- Target Customer
- SMB,Mid-Market,Enterprise
- Contract Type
- Annual
- Free Trial
- No
Ratings & Reviews
G2: 4.9/5/5 · Capterra: 4.9/5/5
Alternatives to SimplyMerit
- Smart Compensation Planning Software by Compport International — Agile tools for bonuses, pay equity, and total rewards to streamline compensation planning.
- Sorbet by Sorbet — Advance the cash value of your unused PTO and unlock extra compensation.
- Sprout Equity by Sprout — Equity and Token Management Made Simple.
- Stello AI by Stello AI — Agent-led compensation planning, market pricing, and offer guidance
- Student Loan Employer Benefit by Candidly — AI-powered financial wellness for employees, optimizing student loan repayment and savings.
- Supplemental Benefits Program Solutions by Alegeus — Personalized solutions for supplemental benefits administration, saving time and money.
- Syndi by Syndio Solutions, Inc. — Decision Intelligence for Pay. Win talent, reduce attrition, and control costs.
- Syndio PayEQ by Syndio Solutions, Inc. — The #1 AI-powered solution for fair, consistent, and lawful pay.