MorganHR, Inc.
MorganHR is a founder-owned, Illinois-based compensation consulting firm that pairs a 1–10 person team of certified compensation professionals with its SimplyMerit SaaS platform, serving mid-market and enterprise HR teams across the United States with merit planning, pay equity, and total rewards services.
- Company typePrivate
- Founded2006
- HeadquartersHoffman Estates, United States
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What MorganHR, Inc. does
MorganHR, Inc. is a privately held, founder-owned compensation consulting and software company headquartered in Illinois (Deer Park/Long Grove). Founded around 2006 and rebranded in January 2018 after integrating the SimplyMerit platform acquired from Cobalt, the firm combines a 1–10 person team of certified compensation professionals with its proprietary SimplyMerit SaaS platform, which automates merit cycles, bonus pools, equity grants, multi-currency budgeting, and Total Rewards Statements while integrating with ADP, UKG, and BambooHR. The portfolio is rounded out by CoreTeam (workforce management for layoffs and RIFs, launched 2022), Compensation Consulting (strategy, job architecture, pay equity audits, market benchmarking, with engagement fees ranging from $5K to $70K), CompAware manager training, HireComp recruiting, WELLNESS programming, and a new AI-enabled analytics advisory layer.
MorganHR, Inc. firmographics
Firmographics- Name
- MorganHR, Inc.
- Legal name
- MorganHR, Inc.
- Website
- https://morganhr.com
- Company type
- Private
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- MorganHR is a founder-owned, Illinois-based compensation consulting firm that pairs a 1–10 person team of certified compensation professionals with its SimplyMerit SaaS platform, serving mid-market and enterprise HR teams across the United States with merit planning, pay equity, and total rewards services.
- Ownership category
- akta.pro rank
MorganHR, Inc. industry classification
Industry- Product category
- Compensation Management Software
- NAICS
- Payroll Services (541214), Accounting, Tax Preparation, Bookkeeping, and Payroll Services (54121), Custom Computer Programming Services (541511)
- SIC
- Services-Help Supply Services (7363)
- akta.pro primary industry
- Compensation Planning & Total Rewards (BPACAPAH)
- akta.pro secondary industries
- Compensation, Benefits & Total Rewards Advisory (BPACAJAG), Compensation, Benefits & Rewards Consulting (BPAHAGAF)
Keywords
Where MorganHR, Inc. is headquartered
LocationHeadquarters
- HQ city
- Hoffman Estates
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
MorganHR, Inc. business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Others
Revenue model
- Software Subscriptions (SimplyMerit): SaaS-based compensation management software sold on a subscription basis. SimplyMerit eliminates spreadsheets and messy comp cycles with a simple, accurate, and collaborative tool. The platform offers Total Rewards Statements as a key feature.
- Compensation Consulting Services: Expert HR consulting engagements including compensation strategy, job architecture, pay equity audits, market benchmarking, and organizational design. Services range from short diagnostic engagements ($5K-$7K) to comprehensive multi-week projects ($38K-$70K).
- CompAware Manager Training: Live, instructor-led training program that equips managers with skills to hold pay and performance conversations. Part of Workforce 2030 education initiative.
- CoreTeam Workforce Management: Workforce management application built on SimplyMerit platform for managing layoffs, reductions in force, furloughs, and pay reductions. Delivered as part of the software platform.
- HireComp Recruiting: Specialized recruiting service connecting companies with compensation professionals who understand both the business and fiduciary responsibility of compensation.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Strategy Consultations & Diagnostic Engagements |
| Other | Multi-year contract | Strategic Compensation Design Services |
| Other | Multi-year contract | Market Benchmarking & Pay Equity Services |
| Other | Multi-year contract | Governance & Compliance Services |
| Other | Multi-year contract | Organization Design & Workforce Planning |
| Other | Multi-year contract | Technology, Data & System Optimization |
| Subscription | Annual | SimplyMerit Software Platform |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
MorganHR, Inc. product offering
Product offeringCore offering
MorganHR sells the SimplyMerit compensation management software platform for merit budgeting, bonus pool allocation, equity grant administration, and Total Rewards Statements, alongside expert compensation consulting services covering strategy, job architecture, pay equity audits, and market benchmarking. The company delivers workforce management software (CoreTeam), manager training (CompAware), and compensation recruiting (HireComp) as complementary offerings.
Product overview
MorganHR, Inc. is a compensation-focused HR consulting and software company offering a portfolio centered on SimplyMerit, a cloud-based compensation management software platform for merit planning, bonus allocations, and equity grants. The portfolio includes CoreTeam (workforce management for layoffs built on SimplyMerit), Compensation Consulting services (strategy, pay equity audits, market pricing), CompAware manager training, HireComp recruiting, and wellness programs. SimplyMerit serves as the core technology platform with Total Rewards Statements as a key feature, while consulting services and training programs complement the software offerings.
Differentiator
Problem solved
Functional benefit
Brands
- SimplyMerit: Compensation management software platform for merit planning, bonus allocations, equity grants, and Total Rewards Statements.
- CoreTeam
- CompAware
- WELLNESS
- HireComp
Products and services
- SimplyMerit SaaS compensation management software for merit budget planning, bonus pool allocation, equity grant management, and personalized Total Rewards Statements, with real-time collaboration, workflow automation, HRIS integrations, and multi-currency budgeting. Built by compensation consultants for HR and compensation leaders at mid-market and enterprise organizations.
- CoreTeam Workforce management software for managing layoffs, reductions in force, furloughs, and pay reductions, with financial impact analysis, approval workflows, and automated letter generation. Delivered as a module on the SimplyMerit platform for HR and compensation leaders.
- Compensation Consulting Expert compensation consulting services covering compensation strategy design, job architecture and structure alignment, executive compensation analysis, pay equity audits, market benchmarking, survey submission and validation, governance and compliance, and AI-enabled analytics. Delivered to enterprise, mid-market, and nonprofit clients on project-based fixed-fee engagements.
- CompAware Workforce education program delivering live, instructor-led manager training on pay and performance conversations, total rewards communication, and career engagement using the ENGAGE coaching framework. Designed for managers seeking to improve compensation-related conversations with employees.
- HireComp Recruiting and executive search service that connects organizations with compensation professionals who understand business requirements and the fiduciary responsibility of compensation craft. Targeted at employers seeking specialized compensation talent.
- WELLNESS Employee wellness program offering resources and support for workforce health and wellbeing. Part of MorganHR's broader total rewards portfolio alongside compensation, performance management, and equity offerings.
Quantifiable outcome
- Reduce compensation planning cycle by up to 85%
- +2 more outcomes
Companies that use MorganHR, Inc.
Customer profileNamed customers6 records
Segments3 records
Ideal customer profiles3 records
MorganHR, Inc. technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
AI capability4 records
Feature6 records
MorganHR, Inc. partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- ADPcoreADP is a leading HRIS platform. SimplyMerit integrates with ADP to allow easy data import, enabling clients to quickly start collaborating, analyzing, and rewarding in a more meaningful way using their existing HRIS infrastructure.
- UKGcoreUKG is a major HR and workforce management platform. SimplyMerit integrates with UKG to complement their compensation functionality, providing deeper capability for merit pay, bonuses, and equity grants.
- BambooHRcoreBambooHR is a popular HRIS for small and mid-size businesses. SimplyMerit integrates with BambooHR to help companies move beyond spreadsheets for compensation management.
Scale indicators4 records
Recent moves7 records
Expansion highlights5 records
MorganHR, Inc. competitors and assessment
Company assessmentMarket position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
MorganHR, Inc. social profiles
Digital presenceMorganHR, Inc. compliance and trust
Trust signalCompliance2 records
MorganHR, Inc. financial estimates
Financial estimateRevenue estimate
Valuation estimate
MorganHR, Inc. leadership team
Management profileNumber of profiles
Profiles3 records
MorganHR, Inc. funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MorganHR, Inc. M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about MorganHR, Inc.
What does MorganHR, Inc. do?
MorganHR sells the SimplyMerit compensation management software platform for merit budgeting, bonus pool allocation, equity grant administration, and Total Rewards Statements, alongside expert compensation consulting services covering strategy, job architecture, pay equity audits, and market benchmarking. The company delivers workforce management software (CoreTeam), manager training (CompAware), and compensation recruiting (HireComp) as complementary offerings.
Is MorganHR, Inc. a public or private company?
MorganHR, Inc. is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was MorganHR, Inc. founded?
MorganHR, Inc. was founded in 2006. It employs 1 to 10 people.
Where is MorganHR, Inc. based?
MorganHR, Inc. is headquartered in Hoffman Estates, United States, in the North America region.
How does MorganHR, Inc. make money?
Five revenue lines are on record. Software Subscriptions (SimplyMerit) is the primary driver. The others are compensation Consulting Services, compAware Manager Training, coreTeam Workforce Management and hireComp Recruiting.
Does MorganHR, Inc. have an API?
No public API is recorded for MorganHR, Inc..
What industry is MorganHR, Inc. in?
MorganHR, Inc.'s product category is Compensation Management Software. Its primary akta.pro industry code is BPACAPAH, Compensation Planning & Total Rewards, with a secondary code of BPACAJAG, Compensation, Benefits & Total Rewards Advisory. Its NAICS code is 541214 and its SIC code is 7363.