Key Features

COMPview

• Compensation Management: Simplify complex plans and oversee the entire compensation cycle from one location. Create and manage multiple salary, merit, bonus and equity plans, with accommodations for differences in rules, budgets and considerations. Pre-calculate employee awards using factors determined by HR and management. 
  • Multiple Currencies: Utilize talent worldwide by translating awards and compensation into 60 different currencies. 
  • Audits: Produce audit trails for every award and employee. Use prior audits to inform future decision-making. 
• Performance Management: Quickly communicate with line managers to set or adjust employee expectations. Monitor the progress of all employees across multiple departments and geographic locations. Consult with a dedicated engagement manager to keep employees motivated to meet or exceed expectations. 
• Real-time Data: Receive up-to-the-minute data regarding employee performance and awards allocation. Ensure fair pay practices and equitable distribution of rewards as they generate. 
• Approval Hierarchies: Create approval hierarchies to ensure proper authorization of awards and continuation of workflows. Issue custom rules for each workflow. 
• Report Generation: Generate customized reports and statements for each employee. Publish statements online to communicate rewards and allocations quickly. 
• Third-party Integration: Integrate with other legacy systems and incorporate data from multiple streams, like HRIS, payroll and other financial platforms. 

Limitations

•  The limited scope of roles can make co-planning difficult. 
•  Some customers noted a lack of capacity to build and initiate their own processes without the assistance of a representative or dedicated engagement manager. 
•  Needs aesthetic improvements. Too much information can clutter the screen. 
•  Limited filtering options. 

Suite Support