Key Features

• Compensation Management: Set budgets and manage payment for multiple compensation programs, like salaries, rates, bonuses, merit raises, stocks, equity, incentives or promotions. Set hard and soft guidelines. Automatically generate total reward statements in preferred format and with corporate branding options. 
  • Customizable Access Standards: Control who has access to certain tools within the system based on role or specific users. Limit who has final approval to award compensation or adjust compensation processes and packages, such as HR, payroll department or compensation department. 
  • Proration: Instantly calculate and prorate employee compensation based on time worked with built-in automation. 
• Performance Management: Set clear and unique goals and expectations for employees and managers. Quickly access historical and current data to streamline and expedite performance reviews. Owners, managers and employees can communicate within the platform. 
• Share Ownership Compliance: Automatically track, monitor, measure and communicate compliance. Leverage built-in tools to calculate complex plan calculations. Self-reporting portal streamlines the creation of customized ownership reports. 
• Customizable Dashboards: Customize how and what data to visualize. Managers can set unique alerts for up-to-the-minute knowledge of employee performance, pool availability and changes to the compensation plan.
• Real-time Assessments and Reports: Ensure fair and equitable distribution of compensation using real-time data and generate proof documentation. Plan salary, bonus and merit increases from inside the solution. Instantly update pools to reflect current numbers and share information with all users. Know the exact amount of funding available to award with up-to-the-minute data. 
• Automatic Currency Conversion: Dictate conversion rates and automatically convert multiple currencies. Leverage automation tools to adjust compensation based on an individual employee’s preferred currency and immediately convert and update numbers across the system. 
• Audit History Tracking: Track who accessed the solution and when, including what changes were made. Audit process history is also tracked. 
• Third-Party Integration: Integrate data from any preferred or legacy HRIS platforms and use it to create forms, reports and statements. 

Limitations

•  Hierarchical build can make it difficult to manage large, complex organizations. 
•  Though basic configurations can be accessed by users, complex configurations and requirements are managed by representatives. 
•  Depending on the browser, users can have slightly different experiences. 

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