Managing salary and bonus increases manually in Excel is complicated, error-laden, and costly. Replacing multiple spreadsheets with an online process dramatically increases accountability, efficiency, and reduces the errors. HRW@RE Compensation features advanced salary planning, incentive, and stock planning tools and enables Managers and Human Resource departments to streamline salary planning, reporting, approvals, and integration with Payroll.

Eliminate “Spreadsheet Hell”. Move the entire process online and eliminate the frustrations of dealing with multiple spreadsheets, broken calculations and links, and tracking down others for their contribution. HRW@RE Compensation includes all the tools you need to streamline the entire process including reminders and notifications.

See the impact of compensation changes on the bottom line. With HRW@RE Foundation, you can easily pull information from your HRMS, make proposed changes, and immediately see the impact on the bottom line for the entire organization.

Make the right choice. The "What If" scenarios allows managers to visualize results, and provides the flexibility of comparing compensation plans prior to final approval. Scenarios can be driven "top down" or created based on groups, hierarchy, or merit matrix models.

Make your organization more competitive. Survey data can be incorporated into the process - allowing you to compare your organization's compensation structure with published compensation surveys for similar jobs. This feature allows you to run market-based pricing scenarios to compare your current pay levels and structures with the market.

Enable Managers. With HRW@RE, managers are better able manage employee compensation through a centrally maintained data source that includes Manager Self Service options and user-friendly standard or adhoc reports.

Make the entire process more efficient. HRW@RE automates the entire process with workflow, automatic compensation letter creation, integration with Payroll, and other self service features. Once a scenario has been selected and finalized, rolling out the compensation plan is painless. HRW@RE Compensation assists with automated record creation, automated routing of salary change requests, and centralized compensation management which reduces the workload of HR Staff and Managers.