04 Oct HRsoft Partners with Compensation & HR Group to create Compensation Business Partner
Here at HRsoft, we’re committed to finding compensation planning solutions that work for you. Because each organization has its own distinct needs, however, a “one-size-fits-all” approach doesn’t work. That’s why our software has always featured customizable tools to provide you with the ability to make pay decisions that best support your company strategy. Recently, we’ve taken it a step further and created an entirely new solution designed with the midsize employer in mind: Compensation Business Partner.
The size of your company plays an important role in how you structure your pay. While concerns like budgetary restraints, retention, and changes in pay regulation tend to affect all companies in one way or another, the challenges they place on companies with 1,000 employees or fewer are unique. Thus, the tool used to address those challenges should also be unique.
Recently, we paired with Compensation & HR Group (CHRG) to create cloud-based, best-of-breed software to alleviate compensation planning woes for midsize organizations. We’ve also unveiled a new website, CompensationBusinessPartner.com, to help you discover how our tool can help you make better, more strategic pay decisions that align with your talent management strategy and support the evolving needs of your company. With intuitive tools for managing salary adjustments, merit increases, bonus planning, and job changes, Compensation Business Partner eliminates the need for spreadsheets and provides a more secure, simplified approach to compensation management.
We understand that budgetary needs are a primary concern for smaller companies, which is why we’ve also created a straightforward pricing model for Compensation Business Partner. One flat fee includes setup, onboarding, and support from CHRG. We’ve also designed the software with the goal of shorter implementation times so you can begin using your new compensation planning tools even sooner.
Compensation Business Partner and its accompanying website have already received some praise among midsize employers. Many are interested in exploring the ways it can help them avoid costly errors, ensure equitable pay, and make better pay decisions overall. As always, we encourage any questions or comments and are interested in hearing what you have to say. We welcome you to take a look at CompensationBusinessPartner.com and look forward to receiving more feedback on our newest solution.