Compensation Budgeting

Reward employees easily and fairly while staying within budget.

Build a merit matrix to encompass budget, performance and compa-ratios.

Changes in salary and pay rates automatically update systemwide.

Gain an accurate, real-time view of compensation spending, through customizable reports.

Employees meeting to discuss compensation budgets.

Our compensation budgeting software allows you to:

control compensation budgets while ensuring increases are equal to contribution
create and 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

Reports generated by our software enable you to:

view an employee’s history of performance and compensation

see who may exceed maximum compensation, according to salary grade

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

ensure employees receive equal pay for equal responsibilities

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

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