Compensate

Compensate is a suite of solutions that incorporatse salary planning, benchmarking and job evaluation modules.

These modules are designed to give Reward Managers a complete set of tools, enabling them to manage pay and reward more effectively and efficiently.

Our solution has been used by organisations for over 30 years to measure the relative size of a job and enables HR to determine a fair pay and grading structure. This helps to address equality issues by providing unbiased promotion and reward systems.

Compensate Job Evaluation can either be a web-native application so it can be accessed from anywhere in the world or it can be a hosted solution so you receive unlimited access to a secure service over the internet.

Decentralise the activity of job evaluation to field HR while maintaining central control over standards
Reduce the time required to grade a position by up to 90%
Tailor to your process: we can accommodate existing job evaluation scheme and HR processes
Significantly reduce the HR administrative workload
Reduce compliance risk: evaluation consistency supported by full document retrieval and complete audit trail
Reduce the cost of service: hosted service means no capital cost for hardware or software and little or no IT support required
Use any point-factor job evaluation scheme
Match to job family models
Upload electronic documentation for any job
Export data to Excel with one keystroke
Control information access with role-based privileges.

Benefits

Carrying out the pay review process manually can be time-consuming and arduous with the burden of managing multiple spreadsheets.

We can help you simplify and shorten the task with Compensate Salary Planning. Using a single, accessible software application allows you to manage, budget and analyse your pay plans with ease, ensuring a more controlled, efficient and effective pay review process.

Ensures more informed and equitable compensation decisions
Uses market rates to ensure pay is competitive
Budget creation on user defined mix
Web based
Common platform means you can integrate with other reward solutions
Multiple languages & currencies
User defined manager view
Allows you to deploy compensation to a local level throughout the world without compromising corporate control and/or guidelines
Can be used throughout the year as well as during focal periods
HR visibility on status of pay increases deployed to managers
Frees up HR and Reward professionals time to focus on additional work commitments

Benefits

Compensate Salary Benchmarking gives you the ability to compare and review salaries from external sources and helps you to carry out the reviews without excessive time spent collating data.

The solutions provides a cost effective, fully integrated solution for remuneration analysis and facilitates informed decisions around total reward, pay and benefits.

Visualise the competitive positioning of your organisation in the market place
Significantly reduce the resources you need to invest in low value, administrative activities
Rapid import from all major market and club surveys
Automatically save matches from year-to-year
Multiple ageing options – global, by survey or individual job
Weight data by survey, population or your own custom criteria
Enhance your analytical and reporting capabilities, enabling quicker, more informative input to the decision making process
View your organisation’s position against the external market at a strategic level, without losing sight of the issues affecting key individuals
Standardise repetitive salary review activities, typically increasing your efficiency by 50%.

Benefits

Compensate

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