Compensation Management
Features for Every Need
Manage your enterprise’s compensation lifecycle and accurately recognize top performers with HRSoft’s cutting-edge features.
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Custom Compensation Management
Software Features
Total Compensation Planning
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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
PLAN FOR TOTAL COMPENSATION
Pay for Performance
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- Objective and goal-setting
processes - Check-in templates
- Transparent view of goals and OKRs
- Configurable performance tracking and review templates
EXPLORE PAY FOR PERFORMANCE
Long-Term Incentive Management
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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
MANAGE LONG-TERM INCENTIVES
Award Modeling
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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
AWARD YOUR TEAM
Total Rewards Communication
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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
COMMUNICATE TOTAL REWARDS
Carried Interest
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Calculate and distribute profits to employees based on their share of the gains.
DISCOVER CARRIED INTEREST
Sales Commissions
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Automate the calculation and management of sales commissions, ensuring accuracy and transparency in rewarding sales performance.
LEARN ABOUT SALES COMMISSIONS
Planning Tools
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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
START PLANNING
International Capabilities
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Address the complexities of managing compensation across different countries.
- Global pay requirements
- Multi-currency conversions
- Language translations
DISCOVER INTERNATIONAL FEATURES
Administrative Capabilities
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Streamline administrative tasks to improve efficiency in compensation management processes.
- Document repository
- Organizational hierarchies
- Auditable processes
- Stock ticker price integration
- HRIS integration
ADMINISTRATIVE CAPABILITIES
Budgeting
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Set, monitor and manage compensation budgets, ensuring alignment with overall financial goals and constraints.
- Automated budget controls
- Flexible budgeting process
- Budget pool management
MANAGE YOUR BUDGET
Compensation Statements
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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
GENERATE COMPENSATION STATEMENTS
HRSoft Intelligence
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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
HRSOFT INTELLIGENCE
“[HRSoft] provided multitudes of flexibility to help craft statements that have accommodated our complex needs… the team has really crafted a sharp and impactful product that I am excited to get into the hands of our associates.”
-Director of Benefits & Wellness, Performance Food Group
Simplify Complex Compensation Strategies
Give your team the tools they need to make better compensation decisions from day one.