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COMPENSATION & BENEFITS STRATEGY
One of the cornerstones for ensuring your company’s competitiveness is to create a compensation policy that links employee pay to performance and objectively determines the criteria to be applied to manage pay transparently based on meeting individual and collective targets. Nowadays, HR directors are striving to retain, develop and build the loyalty of talented individuals. Remuneration is still one of the most complex issues that needs to be addressed. It is the foundation on which each employee’s sense of belonging to the company will grow.
FŒDERIS PROVIDES
a forward-thinking solution
Management
Individual and collective remuneration management
Decentralised function
Decentralised salary increase proposal function available to operational managers in line with the company’s overall remuneration strategy
Campaign
Annual salary increase campaign
Connection
Connection with the annual appraisal interviews. Competency-based remuneration dependent on meeting individual and team goals
Foederis’ compensation and benefits management tool is fully integrated with our talent management suite. Consequently compensation and benefit strategies and policies can be aligned with your overall HR and talent management processes. Salary reviews and performance appraisals feed your compensation reviews and enable you to manage your policies without losing sight of the big picture.
Management
Performance management and bonus calculation – variable remuneration system
Decentralisation
Decentralised and paperless salary increase management process
WEB environments
Security, confidentiality and connectivity guaranteed by LDAP-compatible systems, SSO on all web environments
Analyses
Cross-analyses and multi-criteria simulations and forecasts. Effects: compensation, compensation per category, seniority, report, noria, structure
Management ratios
Management ratios and steering indicators available to managers and other stakeholders
Customisation
Customisation of forms and reporting with modelling systems that are directly implemented by the HR department
Talent Management Software Editor @2023
