Compensation Planning by TalentGuard enables companies to:
- Recommend pay increases based on performance rules and guidelines
- Allocate budget, salary, bonus and incentive stock across different groups
- Establish various program types, approval hierarchies, and workflow
- Generate total reward statements and deliver them via email
AccuracyIntuitive and accurate workflow to ensure compensation plans are on time and within budget.
ActionableReceive actionable insights to drive new reward strategies.
TransparentReal-time view to support informed and transparent pay decisions.
COMPENSATION PLANNING KEY FEATURES
COMPENSATION PLANNING BENEFITS
Twenty percent greater performance when measured by revenue and profit growth.
Twenty-five percent decreased turnover due to improved performance-based pay.
Thirty-three percent increase in compensation transparency related to performance scores and salary structure.
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We invite you to request a Career Pathing demo and see for yourself how TalentGuard can help.