Compensation

Do you need a way to formalize competitive compensation plans?

  • Streamline compensation administration

  • Establish wage bands

  • Communicate every employee’s total rewards

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Streamline compensation administration

Get the flexibility you need to administer all of your compensation plans

  • Multiple compensation types (salary, bonuses, commissions, etc.)

  • Special job rates, premiums and stipends

  • Full compensation history to fuel reports and analytics

Establish wage bands

Effective wage management ensures wages are fair and competitive without overpaying.

  • Salary ranges, stepped pay scales, mass update ability

  • Compa-ratios and quartiles for salaried employees

  • Wage progression rules based on time spent

  • Merit bands to facilitate pay for performance

Communicate every employee’s total rewards

Retain talent and attract new employees by disclosing your complete financial commitment to them.

  • Make all compensation visible (earnings, incentives, rewards, fringe benefits)

  • Reiterate value of your benefit plans, leave entitlements, paid time off and training

  • Pull it all together in a Total Rewards Statement

Compensation with Workzoom

Increase retention

Communicate your employeees total rewards.

Reduce errors

Less manual entry means fewer errors when it comes to your data.

Stay compliant

Use Workzoom automation to help you stay compliant.

Unify your People Management

“The solution is seamless in terms of the product itself and the people who support it. There are modules to address every area of our people platform and they all integrate so the chances of human error are lessened by automatic data flow.”

HR Administrator

Full review available at G2.com

Consolidate and automate your data with Workzoom

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