Compensation management software empowers the HR team and managers to design well-thought compensation strategies by leveraging the streamlined employees' compensation data from one centralized system. The employee's data includes both monetary and non-monetary compensation. It also optimizes the allocated budget by administering and recommending compensation packages for employees in compliance with industry pay standards. The analytics and reporting feature generates statements for employees and builds robust visuals and dashboards to report key information like merit bonuses, sales incentives, and pay equity through real time predictive analytics and insights. In addition, the seamless integration of compensation management solutions with existing HR and payroll systems streamlines the workflows. This software is widely used across multiple industries, including financial services, technology, legal, and more, to improve employee engagement, performance, and retention.
"Excellent Product and the Implementation Team was fantastic"
After multiple implementations in the last 5 years, HR Soft was the best implementation we had in level of support, ease of system set up and engagement of use.
"Implementation has been great! "
Beqom has been a one of a kind company. They are the first to able to accommodate all of our unique compensation needs while providing excellent customer service and attention to our business deliverables.
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See All Alternatives"Functional Design Ensures Smooth User Experience"
Well thought out functionality. A very clean interface with well-connected modules and user capabilities.
"Flexible and responsive salary management solution"
We are happy with our decision to shift the compensation review process to Compport. Shifting to Compport allowed us to increase managers' awareness of compensation policy and thoughtfulness behind compensation decisions. At the same time, we didn't have to adjust the current process significantly to meet Compport requirements. The software adapts easily to specific processes.
"The best commissions calculator - Captivate your Sales Team!"
This is the most wonderful addition we've made to our sales team. We work in an industry where our sales team is paid monthly based on hundreds, sometimes thousands of transactions that all pay out at different ratios based on how old the account is, and the value of the transaction, and how much the transaction "style" pays out. This has EVERYTHING under one suite, and with predictive data.
"Powerfull and effective tool for compensation related decisions"
It is a very good compensation management solution. Pulling data is way easier than previous sites. Givees you an insight of present market scenario.
"simplymerit- Does it all"
unique product in its class with an array of functionality making it the most sought after product in our sector of business
"Great tool for Compensation."
Pave is one of the best compensation tool I have used till now. As, it is suite of real time compensation tool to help companies plan and communicate compensation. In pave data is consolidated to a standard levelling framework. Bench marking can never be traced back to a individual or employee.
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