Design, Manage & Automate Incentive Compensation Plans for Multiple Payee Groups with Varicent Software.
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Simplify and automate the entire compensation adjustment process.
www.HalogenSoftware.com/Incentive
Low-cost web-based employee benefit administration software
www.stroudassoc.com
One solution for employee salary, stock and variable pay.
www.workstreaminc.com
Helps Clients Mitigate Risk, Reduce Costs & Attract and Retain Talent.
www.advantec-hr.com
Sales Compensation Planning Tool Just $19/mo Sign Up Today!
MakanaSolutions.com
Simplify Talent Management With Our Industrial Strength Application
www.Authoria.com
Optimal Outcomes - Cost Projections MSAs, CMS Approval, Administration
www.protocolsllc.com
Benefits Admin & Mgmt Solutions By Sage. See How to Save Time & Money.
www.SageAbra.com
Get employees motivated w/ company goals. Pay for performance!
www.SuccessFactors.com/Compensation
Product suite includes software for executive compensation, deferred compensation, incentive compensation, training administration, market pricing, succession planning, skills inventory, and career development.
www.aimworld.com
Software solutions complement existing compensation programs and help retain and reward valuable employees.
www.bauschke.com
Provides software implementation for services for succession planning, 360 management, web-based staffing, web-based interviewing, and incentive compensation systems.
www.clearviewconsulting.com
Provides data management and system design solutions for all assessments, surveys and development processes, including multisource feedback(360°), employee and development assessments, and customer surveys
compendiumcorp.com
Software that lets you design and compare compensation plans and consulting services
www.compensationmasterusa.com
Provides flexible and comprehensive Compensation, Salary Planning, Management and Analysis Tools.
www.compexec.com
Design, Manage & Automate Incentive Compensation Plans for Multiple Payee Groups with Varicent Software.
www.Varicent.com
Provider of global compensaiton, benefits and employment practices information.
www.watsonwyatt.com
Simplify and automate the entire compensation adjustment process.
www.HalogenSoftware.com/Incentive
Low-cost web-based employee benefit administration software
www.stroudassoc.com
One solution for employee salary, stock and variable pay.
www.workstreaminc.com
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Guide to Compensation Administration Software
Compensation administration software: options and solutionsSalary administration software is a useful tool for businesses seeking to recruit competitively from experienced candidate pools. There are a variety of compensation administration software vendors that provide similar services. It is important to identify a compensation administration tool that supports business applications most effectively.
1. Benefits administration software typically includes software for compensation administration.
2. An effective compensation administration program promotes salary competitiveness and equality throughout all business divisions.
3. A compensation administration application should incorporate performance-based pay increase information.
Action Steps
The best contacts and resources to help you get it done
Select compensation software with reporting applications
A number of salary administration software packages offer reporting options to identify challenges, problems and discrepancies in salary and compensation information. These programs enable managers to identify when performance increases are required and how to manage these issues successfully. If issues arise, information is available to manage and problems as they occur.
I recommend:
ELFOR SOFT offers an HR office feature, which produces compensation reports in a timely manner. Halogen eCompensation provides detailed information and complex calculations regarding performance bonuses and pay increases. The advantages of these programs are significant, as they offer valuable data to promote business growth and prosperity through competitive compensation to the most qualified candidates.
Select compensation administration software for executive level positions
Many software packages offer specific information for business executives. Compensation information for executive level positions is particularly important to remain competitive within the industry. Many businesses seek compensation information for their executives as a source of guidance to remain key players.
I recommend:
The Economic Research Institute offers executive compensation data for planning purposes. Authoria provides streamlined compensation information for executive level positions.
Identify compensation administration software with individualized reports
Many compensation software programs offer individual reports for each employee that describe total compensation and benefits for each employee. These resources are helpful in promoting a strong and feasible budget agenda for upcoming periods. These programs are effective in supporting an organization's recruitment processes, as well as in reducing turnover rates.
I recommend:
Companies like bswift offer total compensation statements for employers and employees on an individual basis. Bauschke Associates Ltd. offers customizable salary reports for each employee on an as-needed basis, which is likely to improve employee support and loyalty.
Tips & Tactics
Helpful advice for making the most of this Guide- Improve your organization's bottom line through streamlined compensation administration software programs. Select programs that are likely to improve recruitment process through routine compensation analysis and evaluation. Recruitment and compensation are closely linked in many ways.
Design, Manage & Automate Incentive Compensation Plans for Multiple Payee Groups with Varicent Software.
Sales Commissions | Quota Planning | Sales Territories | Sales Analytics
