Remunerate simplifies the compensation review process.
Being a web application with automated workflow, Remunerate automatically notifies participants when their action is required or overdue. All compensation review decisions are stored in a single database eliminating the need to collate multiple spreadsheets. Status reports can be run at any time.
Remunerate significantly reduces the time and cost of compensation review cycles.
Line Managers receive an email with a link to Remunerate informing them of their responsibilities. All the relevant data for each employee is available and they have total visibility of their budget and spend amounts. The Approving Manager also has total visibility of all compensation decisions made by their Line Managers.
Remunerate allows you to determine compensation increases based on staff performance and contractual benchmarks and eliminate a corporate culture of "average peformance" based on "average awards".
Remunerate allows you to review all employees at once even if they are on different HR Management or Payroll Systems.
Remunerate's extensive reporting and multi-currency feature can identify existing problems of inequitable rewards being paid to different parts of the organisation.