Compensation Review
Compensation Review ensures management of individual pay raises and salary reviews.
 Decentralize processes and maintain control over the budget
Annual salary reviews can be an involved process, especially in large international organizations where many subsidiaries and currencies make reports extremely complex. Whatever the structure of your organization, Compensation Review makes it possible to decentralize the individual pay raise process- clarifying the management and direction of budgets.
Model salary and budgetary plans
Administrators define an upstream salary plan, allocating an amount to each division and setting pay raise rules for each employee group. Simulation tools guarantee that these decisions will work together to form a consistent budget.
Whether the pay raise rules are part of the defined framework or simple recommendations, they are completely customizable. These rules can be based on market data (salary reviews) or data specific to each employee (HR profile, performance, or merit matrix). These rules can take effect at different stages throughout the year and respond to new situations, including organizational changes or restructuring of services.
Simple decision-making and implementation for managers
Compensation Review ensures that proposed pay raises can be securely collected through personalized web portal or directly in Excel. Collection processes don't require special installations or team training. In addition to data collection, the portal makes it easy for managers to make decisions by offering them the whole picture, from statistical salary surveys to all data related to employees (HR profile, performance, skills, past compensation, etc.).
Expanded functionality in workflow and analysis
Different customizable workflow models allow for multi-level verification before sending totals to payroll. Administrators follow a real-time global view of pay raise processes and, with a single click, can follow up with managers who are behind schedule.
Completely customizable and multi-level, Compensation Review makes it easy to freely segment individual and group reports, optimizing the relevance of analyses. Natively integrated in Microsoft Office, Compensation Review offers export functions to familiar environments such as Excel, Word, and PDF.
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