Compensation Budgeting

Reward employees easily and fairly while staying within budget.

 

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Employees meeting to discuss compensation budgets.

Our compensation budgeting software allows you to:

  • control compensation budgets while ensuring increases are equal to contribution
  • build a merit matrix to encompass budget, performance and compa-ratios
  • adjust a merit matrix as needed, including awarding of lump sums for employees at the top of their salary grade
  • enjoy accuracy as new rates automatically upload to payroll
  • gain an accurate, real-time view of compensation spending, through customizable reports

Reports generated by our software enable you to:

view an employee’s history of performance and compensation icon

view an employee’s history of performance and compensation

see who may exceed maximum compensation, according to salary grade icon

see who may exceed maximum compensation, according to salary grade

see who may be below minimum compensation, according to salary grade icon

see who may be below minimum compensation, according to salary grade

ensure employees receive equal pay for equal responsibilities icon

ensure employees receive equal pay for equal responsibilities

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For all your talent management needs in one application, request a meeting.

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