Compensation Management
Features for Every Need

Pay for Performance

• Objective and goal-setting
  processes
• Check-in templates
• Transparent view of goals and OKRs
• Configurable performance tracking and review templates

Long-Term Incentive Management

Design and administer long-term incentive programs such as stock options or restricted stock units to retain and incentivize key employees.

• LTI allocation
• Deferred compensation
• Cash-based and stock-based awards
• LTI award tracking, including multiplier processing
• LTI agreement generation and distribution
• Automated forfeiture rules

Award Modeling

Simulate different compensation scenarios to assess the impact of various reward structures on employee motivation and organizational objectives.

• Budget modeling
• Complex award calculations
• Award calibration

Total Rewards Communication

Facilitate transparent communication of the overall value of employee compensation.

• Combined compensation and rewards
• Time-based vesting and milestone vesting schedules
• Employee total rewards experience
• SSO-enabled branded employee portal

Carried Interest

Calculate and distribute profits to employees based on their share of the gains.

Sales Commissions

Automate the calculation and management of sales commissions, ensuring accuracy and transparency in rewarding sales performance.

Planning Tools

Maximize your compensation management efficiency with a suite of cutting-edge tools that allow you plan for present, future and long-term objectives.

• Centralized planning dashboard
• Automated plan distribution
• Review and planning tools
• Complex award calculations simulation/calibrations

International Capabilities

Address the complexities of managing compensation across different countries.

• Global pay requirements
• Multi-currency conversions
• Language translations

Administrative Capabilities

Streamline administrative tasks to improve efficiency in compensation management processes.

• Document repository
• Organizational hierarchies
• Auditable processes
• Stock ticker price integration
• HRIS integration

Budgeting

Set, monitor and manage compensation budgets, ensuring alignment with overall financial goals and constraints.

• Automated budget controls
• Flexible budgeting process
• Budget pool management

Compensation Statements

Generate personalized statements for employees, detailing their total compensation package and helping them understand the value of their benefits and rewards.

• Online statements
• Configurable statement templates

HRSoft Intelligence

Strategically plan and allocate resources across various forms of compensation.

• Salary management
• Bonus calculations & allocations
• Long-term incentives & bonus deferrals
• Manage complex proration rules
• Manage spot bonus/off-cycle workflows
•  Frequent incentive plans