| Easy to Use | Remunerate provides a web-based process for performing salary and incentive compensation reviews. It has a built-in workflow engine, which walks users through every step of the process. Users are notified by e-mail when their participation is required. Remunerate has a single source of data that is always up-to-date and can be accessed from anywhere. The days of sending and collating multiple Excel spreadsheets are over. |
| Rapid Return on Investment |
By removing most of the manual processing involved in performing salary and incentive compensation reviews, Remunerate can pay for itself in the first review cycle. Your Human Resource professionals are freed up to spend their time supporting the review process and ensure that the process is completed on time and to the standards required. And that's before considering the intangible benefits such as a smoother process, the ability to finally support the incentive plans your business needs, and the satisfied staff you'll have once the review process has been tamed. |
| Adaptable to Your Business | Remunerate will be configured to use your allowance algorithms, your incentive compensation plans, your organisational structure, and your performance information. Add to that the ability to change the look and feel of Remunerate to reflect your corporate style guidelines and you have an application that understands and reflects your business. |
| Shorter Review Periods | Using Remunerate, the employee review process is streamlined. The built-in workflow engine ensures that each person in the review chain is informed when their attention is required. With access to the system as easy as visiting a web page, and with all of the information required to make a decision available on that page, there are no excuses for a delayed review. |
| Transparency of Review Process | Remunerate, allows the HR administrators to monitor the progress of all Reviews. Approvers can see how salary increases and benefits have been allocated by the Line Managers. |
| Visibility of salary distribution | Extensive reporting in Remunerate allows comparison of salary equity across regions, genders and ethnic groups. This builds on the combination of multi-currency support and the ability to combine employee data from multiple HR or Payroll systems. |
| Aligns Employee Behaviour with Corporate Goals |
"Variable compensation can be one of the most effective levers for aligning behaviour such as sales and employee performance with business goals. Unfortunately, designing and administering effective incentive programs are difficult management challenges. Traditionally, software that addresses the issue of variable pay is characterized by inflexible formulas, insufficient analytics, and error-prone execution. The many variable compensation plans typical in large organizations are difficult to address." Source: Abderdeen Group
Motivating your entire workforce to really strive towards corporate goals requires the right incentive plans. Remunerate's built in incentive plan facilities enable the implementation of the incentive plans you need in order to achieve your desired outcomes. |
| Easy to Integrate | Remunerate includes facilities for importing and exporting data making it easy to integrate with other business systems. |
| Security | Remunerate uses role-based security, where permissible actions are based upon role. On top of this, Remunerate enables the assignment of privileges to individual users so that information is only accessible by those who are permitted to view, review or approve it. |