compensate brochure

8
Leading compensation technology World-class reward expertise

Upload: nga-human-resources

Post on 31-Oct-2014

392 views

Category:

Documents


0 download

DESCRIPTION

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.

TRANSCRIPT

Page 1: Compensate brochure

Leading compensation technologyWorld-class reward expertise

Page 2: Compensate brochure

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.

Introduction to compensation management

2 - Compensate | addressing your compensation challenges

Do you reward your workforce based on

performance?

How do you ensure your pay practices are fair and

equitable across jobs?

Are you confidentthat your pay practices

are competitive?

Do you have roles in a structure, and an automated job

evaluation system?

Do you find the administration

of LTIs, STIs and deferral of

bonuses complex?

How easily do you convert cash and non-cash bonus payments in

your current system?

How do you allocate salary increase and bonus budgets across

your organization?

Page 3: Compensate brochure

A comprehensive suite

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.

The Compensate Suite incorporates job evaluation, salarybenchmarking 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.

Optimizing your assets

Compensate will help you to:• automateoldandinefficientmanualprocesses,• helpmanagersmaketherightdecisionwithaccurateand

timely information• reducesecurityrisksaroundtheissuingofsensitive

employee data around your organization• ensurefairnessinyourgradingstructuresviajobleveling

and job description production

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.

CompensateSuite

Job Evaluations& Descriptions

Salary Benchmarking

Salary Reviews& Bonus Planning

• Job leveling

• Methodology independent

• Evaluate/level jobs

• Job description repository

• Workflow for new job authorization

• Online access to job descriptions for managers

• Internal or external survey source

• Market survey repository

• Survey vendor independent

• Configure any market match point

• Submit match results to vendor

• Employee compa ratio calculations

• Interactive organization charting

• Pay review budget modeling

• Multi dimension matrix modeling

• Bonus calculation engine

• Configurable line manager view

• Employee letters

• Compensation statements

HRIS Compensate integrates with any HRIS

addressing your compensation challenges | Compensate - 3

Trust in innovative technology

Page 4: Compensate brochure

Compensatesalary reviews & bonus planning

4 - Compensate | addressing your compensation challenges

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.

Managing, budgeting and analyzing the annual pay review process with ease.

• Definethecorporatepaypolicyandguidance in the software

• Applythecorporatepaypolicyinto divisional, departmental and individual pay decisions

• Allocatepaybasedonperformanceand a variety of criteria across the organization

• Createmultiplebudgetplansinlinewith structure or organizational unit

• HandlesLTIs,STIsdeferredbonusandbonuspoolswithease

Page 5: Compensate brochure

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.

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.

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.

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 bestavailabletalent.

Compensatesalary benchmarkingBalancing pay against the external market is an essential component of attracting and retaining the best people.

addressing your compensation challenges | Compensate - 5

• Compareandreviewthesalariesofyour employees with market data

• Connectwithexternaldatasources

• Benchmarkemployeesalarieswithyour organizational requirements

• Handlescomparatiocalculationswith ease

Page 6: Compensate brochure

6 - Compensate | addressing your compensation challenges

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. CompensateJobEvaluation&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 managersandHR to create and compare roles in an organization and generatevaluableinformation for pay and grading structures.

• Enablemanagerstoautomatethecreationofnewjobdescriptions

• SeamlessvalidationworkflowkeepsHRincontrol

• Assignascoretojobstoreflectthedemand of the roles

• Visualrepresentationofpayandgrading structure

• Clearidentificationofjobsineachjobfamily

• Simpleallocationandmatchingofjobs

Compensatejob evaluation & job descriptionsA job evaluation tool to generate valuable information for pay and grading structures.

Page 7: Compensate brochure

addressing your compensation challenges | Compensate - 7

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

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.

Deployment & integration

Page 8: Compensate brochure

HR Outsourcing | HR Consult ing | HR Technology

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

NorthgateArinsoPeoplebuilding 2Maylands AvenueHemel HempsteadUnited Kingdom

GlobalHeadquarters

Europe&LatAmHQNorthgateArinso116 Boulevard de l’Humanité1070 BrusselsBelgiumT: +32 2 558 0670

UK&IrelandHQNorthgateArinsoPeoplebuilding 2Maylands AvenueHemel HempsteadUnited KingdomT: +44 800 035 0545

NorthAmericaHQNorthgateArinso8000 Baymeadows WayJacksonvilleFL 32256-7520United StatesT: +1 855 435 5647

AsiaPacific&JapanNorthgateArinsoTokio Marine Centre20 McCallum Street #16-01Singapore 069046T: +65 6559 4500

NorthgateArinso6625 The Corners ParkwaySuite 400Norcross GA 30092United States