Streamline your C&B processes with PayReview
PayReview enables better decisions via Hire-review, Incentive-now, Fair-increments, Benchmark-assist, Deep-analytics & Workforce-plans.
Compensation parity for hired candidate with organisation role. Compliances assurance for salary structure as per law of the land. Controlled environment for offer approvals and salary budgets.
Schemes to link business performance with employee payments. Business data integration to bring KPI targets, achievements and payments to payroll. Dashboards for productivity, roi, pay-outs for management and Associates.
Simulate organisation salary increment rules for all employees. Access to business managers for reviewing salaries within budgets. Share letters of Total Rewards with employees inclusive of salary structure & benefits.
Tackle ongoing parity issues with internal benchmark data. Use multiple market surveys to know external parity. Participate in market surveys for salaries with identified vendors.
Know outliers, people in salary ranges and suggestive talent actions. Know chance of retention with predictive attrition modelling. Visual deep insights with chart, reports and dynamic pivots.
Use annual operating plan to arrive at affordable employee cost. Simulate design principles to arrive at required headcount and cost. Reconcile plans with on boarded employees to know vacancies and unused budget.
Eliminate the guesswork with PayReview Hiring Guidance feature. Maintain parity at each transaction like hiring and transfer etc. Take a complete control on pay increments, one time payments to deserving employees and stop investing unnecessary on the talent which does not fits in your organization. Within seconds, you can gain critical insights of your top talent automatically.HR can define customizable approval matrix.
Keep tight control and monitor new positions on a detailed budget. PayReview helps to easily define and approve budgets against experience, education, or any combination of these. Plan new hiring on a specific budget, monitor the budget of ongoing open positions. With this feature you can easily define and approve budgets for a financial year and manage costs of new hiring.
Paying employees right just got easier, thanks to the PayReview software for incentives and ESOPs module. Companies can set contingency payments in all sorts of forms. Often, contingency payments involve a percentage of the amount the paying party earns or receives. Companies can also set commissions based on reaching certain sales levels. Organization can set employee's benefit plan which is intended to encourage employees to acquire stocks or ownership in the company.
Invest in a robust compensation management software to jump over a number of data collection hurdles to get the job done at a faster pace. Stay organized and save tons of time and efforts on tedious tasks. All your information can easily be collected, imported and stored in the database. You can define permissions on who has access to this data. Organizational, performance, and market data on an easy to use user interface provides clear guidelines for building payment strategies.
Gain more accurate reflections of employee performance and benchmark the salary accordingly. You can encourage better productivity and foster a great work environment through salary benchmarking. To streamline the salary benchmarking process, we offer a simple and dynamic user interface. This interface, which is built around your company compensation policy, guides you through salary benchmarking process and ensures maximum accuracy.
One software to collect feedback, conduct survey and manage business data helps to make smarter business decisions. Within seconds, you can gain critical insights of survey data and can ease out HR’s work to a great extent. With Compensation Survey data you can easily get to know market rates and costs. This helps HR and managers to directly link compensation to employee performance.
Mange pay rule strategies with defined matrix/grid/rules of increment. Effortlessly fine-tune budget, salary bands, correction guidelines, and compensation templates that match your particular compensation strategy. After performance review HR can define and implement new salary structures. We help you to automate and simplify salary increment process. Manage comprehensive, global compensation and salary increment process painlessly, securely, automatically and accurately.
Pay Review talent analytics feature automates hiring planning process to replace manual processes and error-prone spreadsheets. Adjust the policies as per the specific needs and get customized reports graphically or in any other form. Closely observe position-related costs in line with your budget and manage costs for every hiring. Make practical decisions on the basis of real-time insights.
Eliminate the guesswork with PayReview Hiring Guidance feature. Maintain parity at each transaction like hiring and transfer etc. Take a complete control on pay increments, one time payments to deserving employees and stop investing unnecessary on the talent which does not fits in your organization. Within seconds, you can gain critical insights of your top talent automatically.HR can define customizable approval matrix.
Keep tight control and monitor new positions on a detailed budget. PayReview helps to easily define and approve budgets against experience, education, or any combination of these. Plan new hiring on a specific budget, monitor the budget of ongoing open positions. With this feature you can easily define and approve budgets for a financial year and manage costs of new hiring.
Paying employees right just got easier, thanks to the PayReview software for incentives and ESOPs module. Companies can set contingency payments in all sorts of forms. Often, contingency payments involve a percentage of the amount the paying party earns or receives. Companies can also set commissions based on reaching certain sales levels. Organization can set employee's benefit plan which is intended to encourage employees to acquire stocks or ownership in the company.
Utilising features which runs across the modules like creating ranges for hiring, writing formulas to define Key Performance Indicators (KPI), viewing and editing rights for managers, displaying data while maintaining local currency and standards, getting data from other systems through API's, maintaining external tables for Budgets, Salary ranges and Bonuses or running any analysis which will help users to arrive at better insights.
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