Modeling and Strategic Analysis Features and Functions
Model compensation plan designs for base salary, bonus or incentive, and stock awards. Analyze projected expenditures associated with each plan design.
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- Centralized modeling
- Decentralized modeling
- Bottom-up modeling
- Bottom-up modeling to determine estimated compensation plan expense
- Long-term planning, budgeting, and forecasting based on current information and past trends
- Impact analysis or cost for compensation plan changes
- Apply compensation plan models at the employee level
- Display data on internal reference points for job, grade, and geographic tier (average internal salary, bonus, or stock award)
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Employee Compensation Management Features and Functions
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