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InthelasteditionofRewardNewswegaveyouasneakpreviewofthenewsolutionCompensatethatissoontobelaunchedbyNorthgateArinso.Wenowhavesomefurtherinformationforyouaboutthesolutionandanexcitingopportunitytogetinvolved.Compensateisawebbasedapplicationthatmakeslightworkofthecomplexpayscenariosthatcanbeusedtomodelandimplementpayincreases.RewardSpecialistscanviewtheentireworkforceinaninteractiveorganisationchartenablingthemtocontrolanyadhocchangesbysimplydragginganddroppingratherthanhavingtorelyonHRISdatachanges.Paymodelsaredesignedinauserdefnedmatrixallowingyoutoadheretoyourpaypolicywhetheritisperformancebasedmarketratebasedorganisationaloramixoffactors.Abudgetcancontainmultiplepaymodelswhichcanbeflteredonemployeedataallowingforspecialcaseincreases.MonitoredfeldssuchasgendercanbeconfguredgivingtheRewardSpecialistaninstantviewofequalpayrisksonceproposedamountsareentered.Onceamodelisapproveditcanbereleasedtomanagers.ARewardSpecialistcanviewanychangedemployeedataataglanceusingvisualsintheorganisationcharthavingthisdataatyourfngertipscanbekeytoadheringtoyourpaypolicy.Managershaveaccesstoalltheirsubordinateemployeesandcandecideiftheydelegatethepayincreaseprocessdownthehierarchyornot.Multicurrencyallowssummariestobedisplayedintheirhomecurrencywhilstamanagercanadjustemployeessalariesintheirlocalcurrencies.Aconfgurablemanagerviewgivesyouthepowertodisplaywhatisimportanttoyourorganisationbysimplyselectingthefeldsfromthelist.IntegratingCompensatewithourfullsuiteyoucanbringingradeorpointsfromEvaluateorMarketRatefeldssuchasmedianorupperquartilewithvisualwarningsdisplayedwhengoingoveragrademaximumorifanemployeeisbelowthemarketaveragethusgivingmanagerstheinformationtheyneedtoadheretopaypolicyguidelines.WorkfowmeansthatsubmissionscanbeauthorisedorrejectedupthehierarchyuntilthebudgetcomesbacktotheRewardSpecialist.WhenclosedallsalarydatacanbesenttotheHRISorPayrollsystem.ReportscanthenberunandexportedintoMicrosoftOffceapplicationsmakingiteasytopresentforfnalsignoff.Compensatekeepsafullhistoryofcompletedbudgetsgivingtheoptionofcarryingoutcomparisonstoensurethepaypolicyisperformingasexpected.NewProductDevelopmentNews01244572722Didyouknowthatonaverageittakes2.75monthstocarryoutasalaryreviewthats11weeksHowmuchoftheHRdepartmentstimeandresourcedoesthatuseHowstheprocessmanagedfairlysoitensuresEqualPaycompliance63oforganisationssaidthattheirlinemanagershavefexibilitytoawardhigherpayincreaseswheretheysawft.3DoyouhaveaCompensationConundrumIfyouareinterestedinCompensateandwouldliketojoinourexcitingearlyadopterprogrammepleasecontactusonforfurtherdetails.