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Compensation Planning

TalentManager^®Compensation Planning

The Compensation Planning module supports budgeting, allocation and management of multiple pay practices. Review compensation according to any frequency, easily collect manager pay recommendations, and manage any plan type all in a single tool.

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Streamline compensation planning

Seamlessly manage compensation budgets and allocation in a single, shared tool.
Streamline your pay recommendation workflows and approvals.
Easily support multiple pay and incentive practices.
Ensure budget compliance and adherence to compensation guidelines.
Increase manager efficiency and reduce administrative costs.

Compensation planning

Configure merit matrices based on compa-ratio, position in range or market index.
Administer and manage any plan type:

Support any compensation review frequency:

Link any reward to any type of performance measurement.
Reference external market data with CompAnalyst® integration.

HR administration

Support complex reporting relationships with flexible workflow configuration.
Govern approvals by any conditions or rules.
Track the impact of pay recommendations in a budget table.
Personalize interfaces with drag-and-drop columns and configurable dashboards.
Create custom and exception reports.
Import or export to HRIS through simple data exchange.
Set automated tasks, reminders and alerts.
Support multiple languages and currencies.
Leverage our team of Compensation and Competency experts.

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Compensation Planning

TalentManager®Compensation Planning

TalentManager^®Compensation Planning