The compensation modeler is an integrated platform to address all pay related exercises. The traditional spread sheet exercise on salary can now be restructured at ease with accurate and simplified process.
This internal peer salary benchmarking is deployed swiftly for identifying salary distributions across a range. It measures salary range and instantly provide quartiles and percentiles for providing salary spread within the organisation or user defined hierarchies.
The Increment Modeler helps HR to focus on budget constraints, minimising salary disparity and match performance rating. HR team can opt for analytically guided alternate models to bell curve. This employee centric approach addresses Performance Management and drives better eX.
Fitment as part of recruitment is key for successful onboarding. With Fitment Simulator in place, the HR acquisition teams can simulate the best fit as per candidate’s experience and relevance. The in-built AI model builds predictive algorithm based on internal salary and expertise to give the best fit.
All salary related models are integrated to bring in forecast and addresses the pay related spreads across the employee value chain. It addresses fitment, helps to reduce salary disparity, incorporates performance ratings and drives budget specific incremental needs.
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