Compensation Planning

COMPENSATION PLANNING SOFTWARE

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

Accuracy

Intuitive and accurate workflow to ensure compensation plans are on time and within budget.

Actionable

Receive actionable insights to drive new reward strategies.

Transparent

Real-time view to support informed and transparent pay decisions.

COMPENSATION PLANNING KEY FEATURES

Compensation-Planning-Silver-Mac-Performance-Based-Pay

Compensation Grid

View employee information and make salary changes within the compensation grid.

Compensation-Planning-Silver-Mac-Performance-Based-Pay

Performance Based Pay

Align salary and bonus recommendations based on performance ratings.

Compensation Planning Software - Approvals

Approvals

Rules can be configured to handle cascading approvals.

Compensation Planning Software -Benchmark Analysis

Benchmark Analysis

The benchmark analysis and reporting dashboards provide a single consolidated view of all data used in the compensation review cycle.

+ Compensation Grid
Compensation-Planning-Silver-Mac-Performance-Based-Pay

Compensation Grid

View employee information and make salary changes within the compensation grid.

+ Performance-Based Pay
Compensation-Planning-Silver-Mac-Performance-Based-Pay

Performance Based Pay

Align salary and bonus recommendations based on performance ratings.

+ Approvals
Compensation Planning Software - Approvals

Approvals

Rules can be configured to handle cascading approvals.

+ Benchmark Analysis
Compensation Planning Software -Benchmark Analysis

Benchmark Analysis

The benchmark analysis and reporting dashboards provide a single consolidated view of all data used in the compensation review cycle.

Here's More Information
Here 's More Information

Datasheet

Compensation Planning Software - Reward Performance Equitably

Product Overview

COMPENSATION PLANNING BENEFITS

20%

Twenty percent greater performance when measured by revenue and profit growth.

25%

Twenty-five percent decreased turnover due to improved performance-based pay.

33%

Thirty-three percent increase in compensation transparency related to performance scores and salary structure.

HAPPY CLIENTS

Campbell's® Soup

``TalentGuard created a compelling career pathing program that makes it clear to our employees how they can grow their career internally, what skills need to be developed and how long it takes a typical employee to progress from role-to-role.``

Sophos

``TalentGuard's performance management software is configurable and easy-to-use. They handled custom requests exceptionally well. They always worked out a solution for our needs with a very fast response and executed it flawlessly! We also like the regular updates to the software.``

Heartland Dental

``With our rapid growth and team members dispersed across 31 states, we wanted a talent management solution that would grow with us while making it easy to implement and manage across the organization. TalentGuard’s suite of products not only met our rigorous evaluation criteria, but their seamless integration of the solution and dedication to customer support was unsurpassed.``

Carolina Herrera

``TalentGuard’s Performance Management solution helps us align goals, and provides managers an easy way to assess employees, provide meaningful feedback and reward high performance. This tool has dramatically increased our productivity and has a direct impact on employee engagement. Also, TalentGuard’s Customer Success team is amazing, highly responsive and always available!``

Request a Demo

We invite you to request a Career Pathing demo and see for yourself how TalentGuard can help.