| Salary/Pay Reviews | Remunerate provides an interface for supervisors and managers to conduct salary reviews with performance, market value and budget data clearly visible. Budget status is dynamically updated as salary amounts are allocated so reviewers are always aware of the amount they still have available to allocate to employees. |
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| Incentive Compensation Reviews | Remunerate includes an interface, similar to that for salary reviews, which enables reviewers to allocate incentive payments in view of performance and budget parameters. An estimate, based upon specified incentive plan, is calculated for each employee, but may be overridden by the reviewer. |
| Stock Option Management | Remunerate caters for diverse remuneration and incentive packages, which can include shares and stock options. |
| Support for Multiple Employee Positions | Employees may have had multiple roles throughout the review period, reporting to a different manager each time. Remunerate allows input from each manager to be taken into consideration for the employee's remuneration review. |
| Allowances | Custom allowances can be defined for a business. Any number of allowances can be assigned to each employee. Allowances can be defined in terms of an algorithm based upon parameters such as base salary, or as a fixed amount. |
| Incentive Schemes | Any number of incentive payment plans can be defined for an organisation. Plans can include some combination of performance figures at various levels of the business which will be used to calculate payment estimates, or the plan can allocate a fixed amount. |
| Letters | At the completion of the review process, Remunerate's letter generation facility can be used to create a letter of notification to selected employees, outlining the details of their remuneration package. Multiple letter formats are supported. Each may be in a different language. |
| Reporting | Remunerate includes a comprehensive set of graphical and tabular reports that enable comparison of monetary allocation across the organisation, making the process transparent and highlighting any inconsistencies between employee groups. |
| Organisation Hierarchy Support | Even if your organisational hierarchy does not reflect the appropriate groupings for remuneration reviews, Remunerate has the flexibility to enable these groupings to be defined and customised to suit your needs. |
| Multiple Currency Support | Remunerate allows you to review employees around the globe in a single process. Reports can show salary equity as amounts can be displayed in any currency, using the exchange rates set by your review administrator. |
| Interfaces with multiple systems | Remunerate is designed as a 'single point in time' solution which interfaces with your existing HR and Payroll systems. Employee Data is imported from these systems into Remunerate and when the review process is complete, updated data is exported back to them. For organisations with multiple HR or Payroll systems, Remunerate provides the ability to review all employees in a single process. |
| Workflow | Remunerate supports the complete lifecycle of the review process, including notifying Line Managers the review has commenced, conducting the reviews, submitting recommendations to the approving manager, the approving manager's acceptance or rejection of the recommendations, and extraction of final review data. |
| Data Maintenance | Remunerate has data maintenance facilities, enabling managers and Human Resources personnel to manage all of the data that feeds into the remuneration review process. |