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Compensate brochure
 

Compensate brochure

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NGA's Compensate suite comprises functionality to enable compensation practitioners to evaluate,analyze, model and deliver comprehensive reward solutions. Our global reward technology is Cloud ...

NGA's Compensate suite comprises functionality to enable compensation practitioners to evaluate,analyze, model and deliver comprehensive reward solutions. Our global reward technology is Cloud accessible, user intuitive and adaptable to all HRIS core systems.

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    Compensate brochure Compensate brochure Document Transcript

    • Leading compensation technology World-class reward expertise
    • Introduction to compensation management Compensation management is about ensuring that your pay and reward is administered, delivered and controlled effectively. Organizations need to underpin their pay and reward practices with robust policies that are fair and equitable and then ensure that they have the processes in place to deliver these. NorthgateArinso’s (NGA) Compensate suite comprises functionality to enable compensation practitioners to evaluate, analyze, model and deliver comprehensive reward solutions. Our global reward technology is Cloud accessible, user intuitive and adaptable to all HRIS core systems. Are you confident that your pay practices are competitive? Do you reward your workforce based on performance? Do you have roles in a structure, and an automated job evaluation system? How easily do you convert cash and non-cash bonus payments in your current system? 2 - Compensate | addressing your compensation challenges How do you ensure your pay practices are fair and equitable across jobs? Do you find the administration of LTIs, STIs and deferral of bonuses complex? How do you allocate salary increase and bonus budgets across your organization?
    • Trust in innovative technology A comprehensive suite Optimizing your assets Across our compensation solutions you have access to all the tools you need to support decision making on compensation strategies and structures. These tools are all simple to use, configurable to your unique situation and flexible enough to support you as your compensation policies develop in line with organizational change. Compensate will help you to: • automate old and inefficient manual processes, • help managers make the right decision with accurate and timely information • reduce security risks around the issuing of sensitive employee data around your organization • ensure fairness in your grading structures via job leveling and job description production The Compensate Suite incorporates job evaluation, salary benchmarking and salary planning functionality. The software is specifically designed to give compensation and reward managers a complete set of tools, enabling them to manage pay and compensation more effectively and efficiently. Compensate shortens and simplifies your end-to-end compensation requirements through the effective use of technology. Compensate Suite Salary Reviews & Bonus Planning From salary and bonus reviews, managing and rewarding your talent, aligning pay strategies with market data, job leveling and compliance matters, Compensate helps to simplify the science behind your compensation practices. Compensate supports multiple languages and currencies, ensuring effortless global roll out. Salary Benchmarking Job Evaluations & Descriptions • Internal or external survey source • Job leveling • Pay review budget modeling • Multi dimension matrix modeling • Market survey repository • Survey vendor independent • Evaluate/level jobs • Bonus calculation engine • Configure any market match point • Interactive organization charting • Configurable line manager view • Employee letters • Compensation statements HRIS • Submit match results to vendor • Employee compa ratio calculations • Methodology independent • Job description repository • Workflow for new job authorization • Online access to job descriptions for managers Compensate integrates with any HRIS addressing your compensation challenges | Compensate - 3
    • Compensate salary reviews & bonus planning Managing, budgeting and analyzing the annual pay review process with ease. Compensate Salary Review & Bonus Planning enables you to effectively cost and analyze salary plans across an entire organization, regardless of how many countries or currencies you operate in. The pay review process is devolved down to managers, which helps them make informed decisions, ensures accuracy and reduces the time it takes HR to complete and communicate the pay review process. Policies on pay are clearly communicated in a consistent way to each manager in the organization as pay award proposals. The Compensate Salary Review & Bonus Planning tool shortens and simplifies the salary review process in line with your organizational strategy while improving efficiency, reducing risk for errors and ensuring compliance. The system is extremely easy to configure to your specific requirements. 4 - Compensate | addressing your compensation challenges • Define the corporate pay policy and guidance in the software • Apply the corporate pay policy into divisional, departmental and individual pay decisions • Allocate pay based on performance and a variety of criteria across the organization • Create multiple budget plans in line with structure or organizational unit • Handles LTIs, STIs deferred bonus and bonus pools with ease
    • Compensate salary benchmarking Balancing pay against the external market is an essential component of attracting and retaining the best people. Comparing salaries against the market ensures your organization remains competitive and helps you to identify trends. Paying employees the right rate for their job ensures your budget is spent more efficiently and that your most talented people are not leaving simply because they can get better rewards elsewhere. The Compensate Salary Benchmarking tool enables you to compare and review pay metrics from external sources as well as automating the data exchange process in order to ensure your organization remains competitive, while retaining and attracting the best available talent. Compensate Salary Benchmarking gives you the ability to compare and review salary and payment information from external sources without excessive time spent collating information. The software streamlines the process and releases valuable resources for more important strategic decision-making. • Compare and review the salaries of your employees with market data You can quickly analyze market data and report the results in a variety of ways, including graphical representations of the competitive positioning of your organization. The close integration with Compensate Job Evaluation means that in one system you can assess the internal and external value of each role. • Connect with external data sources • Benchmark employee salaries with your organizational requirements • Handles compa ratio calculations with ease addressing your compensation challenges | Compensate - 5
    • Compensate job evaluation & job descriptions A job evaluation tool to generate valuable information for pay and grading structures. Our job evaluation solution is used by thousands of clients around the world to identify and measure the relative value of roles within an organization. Compensate Job Evaluation & Description gives you the ability to compare and define roles, providing a firm basis for establishing and maintaining a reward structure that brings excellent consistency, clarity and transparency to pay and grading decisions. Whether you have an existing job evaluation methodology in place or need to work with our experienced compensation consultants to create a new one, Compensate Job Evaluation reduces the administration typical of so many other systems. With our unique matrix technology to streamline the evaluation process, the focus of your project is on the job — not the challenges of the task ahead. Compensate Job Description & Evaluation is a software tool for managers and HR to create and compare roles in an organization and generate valuable information for pay and grading structures. 6 - Compensate | addressing your compensation challenges • Enable managers to automate the creation of new job descriptions • Seamless validation workflow keeps HR in control • Assign a score to jobs to reflect the demand of the roles • Visual representation of pay and grading structure • Clear identification of jobs in each job family • Simple allocation and matching of jobs
    • Feedback from managers across the business has been very positive, with the solution’s usability especially praised. This has been the smoothest pay review we’ve ever done — we are delighted with the solution and will definitely be using it again for future salary reviews. John Machin Head of Compensation & Benefits Deployment & integration Compensate can be deployed via the cloud using NGA’s BS27001 infrastructure to minimize your capital expenditure. Alternatively, it can be hosted within your own infrastructure to comply with your organizational security and IT policies. Compensate integrates seamlessly with HRIS, ERP, talent and payroll systems using either the inbuilt web service application programming interface (API) or with import and export wizards to transfer data manually. addressing your compensation challenges | Compensate - 7
    • Global services, local delivery NorthgateArinso (NGA) is in the unique position of offering market leading compensation technology alongside a specialist compensation consultancy service. By bringing innovative solutions to organizations of all sizes, we can help you develop compensation programs that unlock hidden value and then implement them with the right technology. As a leading global human resources software and services provider, NGA offers innovative HR business solutions to employers of all sizes, including Global Fortune™ 500 companies and many public sector organizations. NGA helps HR decision makers optimize HR service delivery through smarter processes and more efficient technology, supporting key HR areas like workforce administration, payroll, benefits, recruitment, learning and talent management. NGA delivers HR excellence, day in, day out. www.ngahr.com Global Headquarters NorthgateArinso Peoplebuilding 2 Maylands Avenue Hemel Hempstead United Kingdom NorthgateArinso 6625 The Corners Parkway Suite 400 Norcross GA 30092 United States UK & Ireland HQ NorthgateArinso Peoplebuilding 2 Maylands Avenue Hemel Hempstead United Kingdom T: +44 800 035 0545 Europe & LatAm HQ NorthgateArinso 116 Boulevard de l’Humanité 1070 Brussels Belgium T: +32 2 558 0670 North America HQ NorthgateArinso 8000 Baymeadows Way Jacksonville FL 32256-7520 United States T: +1 855 435 5647 Asia Pacific & Japan NorthgateArinso Tokio Marine Centre 20 McCallum Street #16-01 Singapore 069046 T: +65 6559 4500 HR Outsourcing | HR Consulting | HR Technology