Retain top talent and deliver accurate budgets
EmpXtrack Compensation Management module streamlines and automates the entire compensation process to help you retain and encourage your top performers. By helping managers stay closely involved through the entire compensation process, this module can ensure that top performers and high potential talent are rewarded suitably.
- Helps start an increment cycle synchronized throughout the company
- Involves line managers in helping decide increments for their employees
- Permits rules set up by HR (compensation planners) to define the increment bands, bonus criteria etc
- Encourages real time feedback to managers and a collaborative framework that allows full participation of both managers and HR to take decisions on increments
You may also be interested in EmpXtrack Succession Planning, 360 Review or Workforce Planning – all part of EmpXtrack’s Strategic HR Solutions to create a high-performing workforce.