COMPENSATION MODELING FOR COMPVIEW™ SOFTWARE
Automate Award Modeling
Model budget impacts, pre-plan different scenarios, review award recommendations and make mass updates before completing final award approvals with HRSoft’s Modeling Tool, a powerful add-on to our learning compensation management software, COMPview.
Digitally Transform Your Award Modeling Processes
Give Senior Management and Compensation teams the tools they need to accurately and efficiently review, model and change awards within budget targets.
REWARD TOP PERFORMERS WHILE STAYING IN BUDGET
Traditionally dependent on error-prone spreadsheets that provide poor visibility, traceability and control, the modeling process usually involves tight timelines and hundreds or thousands of award changes, which can lead to serious errors and omissions. HRSoft’s Modeling Tool is specifically designed to assist planners in making employee-by-employee decisions, modeling changes and making mass updates. The result? Modeling significant budget savings — while still rewarding top performers from high-producing divisions and locations.
A ONE-OF-A-KIND MODELING EXPERIENCE
Capture Planned Awards & Model Award Changes
With HRSoft’s Modeling Tool, users can capture all manager-planned awards into dynamic spreadsheet-like online views. There, you can filter to look at specific sub-populations and model award changes using error-free pre-configured award formula changes. The ability to quickly and accurately model changes, support multiple model scenarios, share views and automate calibration workflows offers a one-of-a-kind modeling experience that ensures you get the necessary updates performed quickly and accurately.
SEE THE IMPACT OF HRSOFT’S MODELING TOOL FOR COMPVIEW™
This tool is so powerful and easy that senior executives and their staff can start modeling changes up and down the organization using real compensation data just 30 minutes after being introduced to the tool.