Compensation Management
We offer Compensation Management tools that support a pay-for-performance culture. We help you identify current employee compensation trends, easily pinpoint fair employee compensation for all talent levels, plan for compensation increases and align compensation directly to performance.
When employees have a clear career path that aligns to recognition and compensation, they stay more focused, engaged and motivated—increasing organizational alignment and return on investment.
Pay-for-Performance
Based on employee compensation plans, our compensation management tools provide recommendations to support pay-for-performance. Employee compensation can be automatically allocated based on existing rules, employee performance, goal achievement, development, and other criteria.
Compensation managers can allocate budgets to all managers within the system and access budget status reports to identify information about how the budget is being used by different managers in the organization.
Annual and Quarterly Plans
Using our Compensation Management tools makes it easy to administer both annual and quarterly compensation plans. The system can be configured so that during specific timeframes, different employee compensation plans can be administered. Compensation plans can work in conjunction with annual and quarterly performance appraisals to promote pay-for-performance.
Merit, Bonus, Stock, Lumpsum and Other Incentives
Our system supports different employee compensation plans that include salary increase, bonus increase and stock or equity incentives. We help you easily configure complex calculations to enhance individual compensation management.
Market Salary Data
Our Compensation Management tools can be integrated with any major salary survey information system to acquire the standards for a particular position or job family. This information is seamlessly integrated with the Compensation Management system in setting up the guidelines.