Compensation Management
Linking compensation plans to employee performance is difficult, especially for companies using manual processes and complex spreadsheets. Without an automated and integrated compensation management system in place, managers are required to enter data that never gets used. Without any real insight into performance, market, or historical compensation information, merit-increase decisions become subjective, based on who managers might “feel” deserves it — without any tangible tie to performance. When this happens, employees don’t understand their value to the organization because it’s not clear how merit increases and bonuses are determined. Overall, the whole compensation management process can take its toll on engagement.
Create A Strong Pay-for-Performance Culture
With Naseej ‘s compensation management software, the process is simplified for everyone, and you can create a strong pay-for-performance culture based on objective, fair employee incentive plans, and transparent processes that align rewards directly with performance.
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