CURO Expert Review, Pricing, Alternatives - 2022

Phil Strazzulla
HR Tech Expert, Harvard MBA, Finance and Software Nerd
May 16, 2022
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CURO Versus the competition

CURO has saved their customers hundreds of thousands by driving efficiency, improving effectiveness, and providing a clear line of sight between achievement and compensation outcome.

Pros
Cons

CURO Review

CURO is an impressive solution that covers all aspects of compensation management. It really shines in its complex bonus management features. You can define eligibility criteria for bonuses and salary bumps, track performance, and manage short and long-term incentives as well as promotion scenarios. 

All this has helped its customers save money by "slicing" bonuses. CURO will recognize if an employee switched roles halfway through the year. As a result, employers roll out their annual bonus based on both roles, instead of just the role at year's end. At a big company with lots of in-house mobility, that can add up to hundreds of thousands in savings.

Who shouldn't buy CURO

CURO also offers pay equity and gender pay gap solutions.

CURO Customers

  • Sage
  • Sony Music
  • Brigham Young University
  • Deezer

CURO Stats

  • 95% customer retention
  • Founded in 2010
  • Global company with 50% of customers are based in North America

CURO Key Features

  • Salary awards
  • Complex bonus management
  • Merit reviews
  • Promotion management
  • Long term incentives
  • Budget management
  • Discretionary bonuses
  • Reporting and analytics

CURO Key Integrations

CURO has a partner ecosystem, including API connection with Workday and ADP. If your company does not use partner software, they will personally assist with exporting data from your HR software and uploading it to your compensation solution.

CURO Pricing

CURO customers pay for a license which is based on your number of employees. There are additional professional service fees based on your implementation and service needs.

Motivosity Recognize
Motivosity Recognize
Motivosity Lead
Motivosity Listen
Free
$5 per person per month
$6.50 per person per month
$2 per person per month

CURO Implementation

CURO has five phases in its implementation process:

  • Plan and Design: Kickoff, gather materials, create data templates, sign off on requirements, pair with implementation consultant and project manager.
  • Configure: SSO setup, data collection and upload, system configuration, internal testing.
  • User Acceptance Testing (UAT): Testing kickoff and training, client configuration.
  • Go Live: Preparation for going live, transition to customer support team.
  • Project Completion: User rollout, post-implementation review.

CURO Customer Success

Towards the end of implementation, customers pair with a dedicated account manager for an initial review and continued support.

About CURO

CURO Alternatives

ChartHop promises to take you beyond manual spreadsheets with their compensation planning solution that automatically generates a compensation review plan to share with management based on any metrics you choose.
beqom has a 99% customer retention rate for a reason. It’s a comprehensive solution to compensation management with powerful planning, budgeting, and forecasting functions that let you track headcount and compensation based on data from across your HR tech stack.
Hibob’s compensation management software is built into its people platform, but it’s strong enough to stand on its own with powerful reporting and collaboration tools.
With access to over 40,000 employee records from 500+ companies, Pave has some of the strongest benchmarking data in the compensation management space.
PayScale is the trusted compensation platform for more than 7,500 customers, ranging from small businesses to Fortune 1000 companies.
Salary.com’s CompAnalyst is the largest HR-reported source of market pricing, with 800 million market data points in 22 countries.
COMPview is a flexible solution for companies of all sizes. It’s designed to adapt to any compensation plan, whether simple or complex.
With a sleek and easy-to-navigate platform, Compete stand out for offering real-time data about benefits and compensation in the tech industry. HR leaders at hundreds of tech companies use their platform to stay competitive in their offerings and retain their people.
Listed in our research about the Best Compensation Management Software
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