Compensation Management for Manufacturing
Manufacturing companies have a diverse group of employees with different pay structures that require varying timelines, needs and strategies. HRSoft’s compensation management software empowers you to align the entire organization to your business objectives, ensuring each employee group is remunerated strategically to maximize performance and results.Trusted by Industry Leaders
A New Era of Compensation Awaits
Different Employee Types
Seamlessly manage varied work schedules, compensation structures and contractual agreements for all types of employees, such as full-time workers, part-time, seasonal & union workers.
Performance-Driven Incentives
Link performance to compensation incentives, whether they are tied to production targets, optimization goals, or business unit and team results.
Make data-driven decisions on compensation with intelligent dashboards, reports and analytics.
All-Encompassing Total Rewards Communication
When you have a comprehensive total rewards package that includes benefits, perks and wellness initiatives, you need a way to communicate all of it to your employees so they understand the full value of their compensation.
HRSoft offers fully branded compensation statements for mobile devices to ensure all employees – especially hourly workers – can access and understand their rewards package.
Efficient Compliance & Cost Control
Audit tracking compliance and compensation committee reporting is essential for maintaining transparency, accountability and regulatory adherence in your compensation management practices.
Ensure accuracy and completeness in audit trails by tracking and documenting all compensation-related activities.
HRSoft Is Made for Manufacturers
HRSoft’s compensation management software can be customized to suit the needs of different workforces, ensuring that compensation can be tailored for every employee in your manufacturing organization. By addressing current manufacturing challenges and anticipating future needs, we provide a comprehensive solution that not only solves immediate problems but also prepares you for the future.
The diversity in employee types – including unionized workers, non-unionized workers, and shift workers – contributes to the complexity of managing different compensation plans.
HRSoft’s user-friendly solutions, such as total compensation management and planning, help you to carefully plan and coordinate compensation for your diverse workforce.
By using HRSoft, you prevent accidental alterations that could override someone’s salary or rewards, maintaining transparency and fairness in the compensation process.
For example, a profit-sharing program or a performance-based bonus scheme requires careful monitoring to track monthly expenses and manage forecasts.
By doing so, you can anticipate and set aside funds for future expenses incurred throughout the year, ensuring financial stability and effective budget management.
Toshiba Streamlined Its Global Compensation Management
When Toshiba needed a compensation management solution to accommodate multiple budgets with varying currencies, it turned to HRSoft for an efficient process.
See How Much You’ll Save
with HRSoft
Managing your manufacturing company’s compensation lifecycle shouldn’t break the bank. Discover how much money you can save annually by switching to our state-of-the-art compensation lifecycle management software.
Simplify Complex Manufacturing Compensation Strategies
Give your team the tools they need to make better compensation decisions from day one.