is one of the critical pieces of the full integrated talent management system. It ties together employee learning, performance and goals to low for the growth of a true pay-for-performance culture. With Cornerstone, organizations link these key elements to cultivate a dunamic total compensation management process that accounts for actual employee performance and contribution. Base salary and incentive rewards can be managed on the basis of actual performance for job roles across the board.
™ is a simple to use, web-based application that makes it easy to manage all your base salaries, pay for performance strategies, incentive compensation and stock option programs, regardless of your organization’s size. Defining and refining the right compensation management program is critical for employee motivation and retention. Built from the ground up as part of the Halogen Talent Management Suite
™ Halogen eCompensation seamlessly links employee compensation with your talent management strategy.
Kenexa’s CompAnalyst™ system offers a complete set of flexible, on demand modules to develop market prices, leverage our comprehensive database of 100% employer-reported benchmark jobs, build and manage job descriptions, assess pay program competitiveness, analyze and model internal pay structures against market rates and model the cost of performance based merit increase programs.
Kenexa’s 2x Perform™ – Compensation Management helps organizations implement their compensation strategies and allows managers to appropriately compensate their top performers and high potentials through a variety of different compensation plans. Compensation recommendations can take into consideration current and past performance, goal achievement, development, succession plans, place in range and other important inputs.
Multi-dimensional merit matrices, with automated workflows and approval processes, ensure that managers are empowered to make accurate and fair compensation recommendations without going over budget. Reporting and analytics provide insight into exceptions and outliers, allowing the organization to review performance data
and ensure that recommendations are defensible.
Lawson Compensation Managementoffers highly efficient capabilities for managing an employee’s total compensation, including incentive compensation, compensation planning and administration, and reporting and analytics. The solution helps you:
- Award compensation increases such as merit or promotions by creating a budget, establishing awarding guidelines, and making the awarding process simple for your management team
- Perform comprehensive incentive compensation administration, including pay-plan definition, rules automation, eligibility determination, and automated-payout functionality
- Manage salary structures and step-and-grade progressions to ensure pay equity in the workforce based on current market information
Lumesse Compensation Management
allows HR people, line managers, and executives to work together to build a compelling and competitive approach to base salary, bonuses, incentive schemes and company benefits – one that’s simple, flexible and transparent, and easy to compare against industry benchmarks.
NuView Systems’ Compensation module
is an advanced salary planning, incentive and stock-planning tool, enabling Managers and Human Resource departments to streamline the budgeting process. Besides supporting multiple budget allocation methods, it provides numerous planning views for management and significantly reduces the time spent on the entire budget planning process.
automates the process of setting, calculating, allocating and tracking merit, bonus a stock-based awards. A global solution, PeopleFluent’s compensation solution offers full configurability to represent client designs; calendars and workflow to run an organized process; alerts and guidelines to help discretionary decisions; approval and senior manager rollup; budget adherence and tracking; and employee reward statements.
goes beyond simple pay-for-performance processes that depend solely on a performance review score. With Saba Compensation, you make smarter compensation and rewards decisions, informed by a comprehensive view of employee success. Saba Compensation helps your managers identify and reward pivotal talent – highly engaged, high-performing individuals in critical roles across the organization – to improve performance, productivity, and employee retention.
Over 1000 organizations use SuccessFactors Compensation Management
to link employee pay to measurable business results. Through point and click templates, administrators configure complex plans and process workflows, replacing email and spreadsheets and eliminating errors. The system enforces company guidelines as managers quickly and easily fine-tune merit and bonus recommendations. Compensation management handles multiple variable pay plans and simplifies calibration, enabling pay-for-performance culture. An extensive set of reports provides details on budget, exceptions, legal compliance etc.
SumTotalCompensation Management simplifies and standardizes the planning, modeling, budgeting, analysis, and execution of global compensation and reward policies. SumTotal Compensation Management enables you to:
- Achieve global compensation visibility by replacing spreadsheets and legacy systems with a flexible, centralized, and modern compensation system
- Build a culture of high performers by aligning performance, goals, and rewards across an entire organization
- Reduce the cost and complexity of compensation administration by optimizing rollups, exception handling, and approvals
Taleo Compensation links best-in-class global compensation planning with performance and goals metrics to increase insights into how companies manage global talent budgets. Taleo Compensation simplifies the exceptionally complex, multi-dimensional compensation landscape using a single platform. It eliminates the need for disparate spreadsheets and databases regardless of the complexity of the organization structure, geographic dispersal, or type of compensation program.
Talent|REWARD® <talentreward.com>offers the broadest end-to-end compensation analysis, design and planning capabilities used by over 300 clients worldwide. The related modules include:
- Market Analysis: Manage compensation surveys and perform analytics on data and trends
- Compensation Design: Create structures and guidelines
- Global Grading System and Career Map: Multiple job leveling methodologies
- Compensation Planning: Manager pay recommendations for base, incentives and LTI
Total Rewards Statements: Personalized print statements or interactive portals