Simplifying and Streamlining the Process of Managing Even the Most Complex Compensation Plan
OVERVIEW:
Selected by Companies to Help Engage and Retain Their Best Employees
In the war for talent, more than 150 North American and International companies have selected HRsoft, as have a growing list of partners. In part, that’s because our COMPview and REWARDview solutions are widely regarded as the best in the industry and allow us to help our clients to simplify complex processes, and empower their teams to engage and retain their best employees. In part, it’s because our solutions integrate with all other technologies so partners in Payroll, Talent Management, Finance, etc. can engage HRsoft to add value to their existing client relationships.
HRsoft continues to prove to be the right solution for engaging, empowering and retaining employees at every level of the organization. We look forward to scheduling time to share our value with you.
CLICK HERE to schedule a conversation and demonstration.
CLIENTS:
Here is a snapshot of some of our clients and some kind words that they have volunteered about COMPview and REWARDview. Case studies of some of these clients can be accessed by CLICK HERE.
“I have found it very easy to use. Also, the customer service that I have received is outstanding.”
~ Compensation Analyst ~
“The system has proven that it’s easy to use, has a nice user interface, and is customizable to an extent. Overall, the system has met with praise from users.”
~ Director of Compensation ~
“This tool enabled our compensation team from having to create mutiple streadsheets for compensation planning for 16K employees. Ease of customization, customer service, amazing implementation team and overall a tool that has great user interface with flexibility.”
~ Technology Director ~
“Great solution, even better people. Full replacement of old outdated solution with HRsoft compensation and pay salary increases, incentive payments from 20 plans and long- term incentive awards. Great response from users, easy, flexible, intuitive. Great support from HRsoft.”
~ VP, Compensation ~
“Great partnership for us –flexibility and agility are a plus.”
~ HRIS Manager ~
“I cannot speak highly enough of the team that we worked with to get COMPview off the ground.”
~ HR Project Coordinator ~
“The COMPview module was an excellent solution for us and has turned out to be extremely robust for the value. The tool is simple to use, effectively met our needs and enabled us to plan for almost 1,500 employees in a timely manner.”
~ Compensation Manager ~
“The system is used to auto-calculate grant values and units for annual and quarterly long-term incentive grants, including top- up grants for promoted employees. Workload and error rate has been signficantly reduced as a result of implementing this system.”
~ Manager, Compensation ~
“This tool is so easy for our managers to use! We have had absolutely zero complaints about functionality for the past two years. More than once we have been asked if it was really that simple. The answer is always ‘yes’.”
~ Senior Human Resources Manager ~
“It is clear you have used your experience and taken a lot of feedback when developing this for our teammates.I have personally used the tools and resources and they are clear and user friendly.I am also using this information as an opportunity to motivate teammates. I think it will go a long way towards supporting our efforts to retain top talent.”
~ Senior VP, Employee Benefits ~
“Your software is fabulous but it’s the people, your people, who make the difference.”
~ HR Manager ~
COMPview Success Stories
Client since: 2014
Company size: 11,000 EEs
Product: COMPview™
Industry: Financial Services
CHALLENGES
- 20+ unique comp plans with multiple exceptions
- Inefficient customized legacy software
- Planners lacked support tools to make strategic decisions in line with goals and budget
RESULTS:
- Succeeded in automating complex bonus and merit plans; replaced manual processes
- Added transparency to process, allowing HR and managers to review and edit planning worksheets for their groups
- Great response from users regarding simplicity, flexibility and support tools
- Calculations in system have been flawless
Client since: 2011
Company size: 4,800 EEs
Product: COMPview™
Industry: Semiconductor Services
CHALLENGES
- Inefficient manual process
- Operating in 20+ nations without a tool that enabled different pay across regions
- Managers needed guidance, data and decision support tools
- Need to manage 4 highly distinct planning processes
RESULTS:
- Automated process for merit, bonus, profit sharing and equity that had been handled in Excel
- Comp planning cycles reduced; employees paid based on specific country guidelines
- Managers able to make better decisions in line with organizational goals and budgets
- Complete control of all planning processes with better management of compliance, risk and budgets
Client since: 2013
Company size: 3,800 EEs
Product: COMPview™
Industry: Insurance
CHALLENGES
- Managers making decisions based on ad hoc assumptions rather than strategy
- Highly complex process compounded by out-of-policy decision-making
RESULTS:
- Successful launch and implementation; COMPview regarded by managers and administrators as intuitive and user-friendly
- Decision support tools enable effective award decisions that reward superior performers within tight budget parameters
- Alerts embedded in system prevent non-policy based decisions
Client since: 2017
Company size: 3,000 EEs
Product: COMPview™
Industry: Media Technology
CHALLENGES
- ADP user with need for non-Excel Comp planning solution
- More than 80 spreadsheets were time-consuming, and managed through e-mail which created concerns for this public company
- Managers making decisions based on ad hoc assumptions rather than strategy
RESULTS:
- Successful launch and implementation; COMPview regarded by managers and administrators as delivering strong value while Finance is comforted by controls in place
- Ability to secure approvals and decisions via online centralized process
- Decision support tools enable effective award decisions that reward superior performers within tight budget parameters
Client since: 2017
Company size: 2,300 EEs
Product: COMPview™
Industry: Financial Services
CHALLENGES
- With over 200 newspapers, including USA Today, Gannett had disparate HR programs that resulted in disparate compensation planning programs
- Company was seeking consistent process and workflow, and to use business unit performance in making awards
RESULTS:
- COMPview enabled a salary and reward cycle for 18,000 of the Company’s employees where rewards were based on business unit performance and managers were guided by the system to make accurate decisions
- This was accomplished in 6 WEEKS!
Client since: 2017
Company size: 2,300 EEs
Product: COMPview™
Industry: Financial Services
CHALLENGES
- Desire to pay employees based upon a full view of short and long-term total comp including salary, bonus and equity awards
- Needed process that could provide a proper view of pay that allowed for budget, decision support and manager flexibility
RESULTS:
- Launched COMPview in 2017, with terrific feedback from managers who can strategically reward individual employees with comp elements that make the most sense for each employee
- Aiding in key employee retention by giving managers the flexibility to identify most motivating elements for each employee.