At Zalaris, we believe that compensation is a strategic tool for shaping employee behavior and influencing organizational performance. Compensation & Variable Pay solutions that focus on automation, streamlining and simplifying the compensation process, only increase the speed and efficiency of the current process. Automation alone does not enable strategic compensation processes.
With this solution you can:
- Utilize patented modeling tools that help compensation administrators optimize budgets. These tools have built in intelligence which provides recommended actions on how to make best use of limited budgets and insights on how to strategically allocate resources across the organization, staying in line with budgets.
- Access a single cloud-based solution to drive consistent execution of compensation & variable pay strategies at scale across the entire organization
- Ensure that planning is accurate, sensitive information is secure global visibility and insights into compensation are maximized across the organization
- Make compensation a continuous process – real-time reward and recognition tools, pay for performance and compensation communication tools bring visibility to compensation throughout the year, helping to demonstrate the relationship between employee performance, business results and compensation. This, in turn, helps to drive employee engagement, motivation and retention.
The Business Case
- Secure that HR complies with internal compensation rules
- Increase effectiveness of HR professionals by simplifying compensation processes
- Improve transparency
- Increase customer satisfaction
Available through Zalaris’ Rapid Deployment Solution Methodology.