Compensation Management Software

COMPENSATION & BENEFITS STRATEGY

compensation management tool

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

DISCOVER A FORWARD-THINKING AND COMPLETE COMPENSATION MANAGEMENT SOLUTION

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.

Compensation Management Software Solution

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SUCCESSFUL COMPENSATION MANAGEMENT FOR HR TEAMS

Management

Performance management and bonus calculation – variable remuneration system

Analyses

Cross-analyses and multi-criteria simulations and forecasts. Effects: compensation, compensation per category, seniority, report, noria, structure

Decentralisation

Decentralised and paperless salary increase management process

Management ratios

Management ratios and steering indicators available to managers and other stakeholders

WEB environments

Security, confidentiality and connectivity guaranteed by LDAP-compatible systems, SSO on all web environments

Customisation

Customisation of forms and reporting with modelling systems that are directly implemented by the HR department