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Software Functionality Revealed in Detail
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 compensation


Compensation 101: The Building Blocks for Designing a Strong Performance Compensation Plan
Employees: The backbone of every organization.Motivation: Often the driving factor behind an employee’s performance.Compensation: The motivation.What I

compensation  Designing a Strong Performance Compensation Plan Employees : The backbone of every organization. Motivation : Often the driving factor behind an employee’s performance. Compensation : The motivation. What I’m trying to say (if you couldn’t read between the lines) is that rewarding your people can ultimately lead to an increase in your bottom line. This can be achieved through the creation of a strong performance compensation plan. Employee Demographics Before I dive into how and where to begin,

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Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

Compare Now

Incentive and Compensation Management

Enterprise incentive management (EIM) and employee compensation management sit between HR, CRM, Accounting, and sales force automation. These applications help sales executives gain perspective on sales performance, business operations, and manage compensation programs. EIM solutions are used to improve sales strategies. 

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Documents related to » compensation

Incentive and Compensation Management


Enterprise incentive management (EIM) and employee compensation management sit between HR, CRM, Accounting, and sales force automation. These applications help sales executives gain perspective on sales performance, business operations, and manage compensation programs. EIM solutions are used to improve sales strategies.

compensation  and Compensation Management Enterprise incentive management (EIM) and employee compensation management sit between HR, CRM, Accounting, and sales force automation. These applications help sales executives gain perspective on sales performance, business operations, and manage compensation programs. EIM solutions are used to improve sales strategies. Read More

Best Practices: 5 Smart Moves for Compensation Managers


In the past years of tight budgets, the answers were simple for compensation managers. “No” was an effective all-purpose answer for department heads and line managers looking for extra budget to reward top performers. The money wasn’t there, and everybody knew it. With news of economic recovery reaching employees’ ears, compensation managers will have to face the challenge of rewarding their top talent to support their business goals. Find out how.

compensation  5 Smart Moves for Compensation Managers In the past years of tight budgets, the answers were simple for compensation managers. “No” was an effective all-purpose answer for department heads and line managers looking for extra budget to reward top performers. The money wasn’t there, and everybody knew it. With news of economic recovery reaching employees’ ears, compensation managers will have to face the challenge of rewarding their top talent to support their business goals. Find out how. Read More

What Makes Incentives and Compensation So Tricky?


Managing incentive compensation presents challenges to almost every large and midsized company, due to the complex nature of the calculations. But along with the ability to perform these calculations, an effective compensation management solution must also provide visibility and transparency.

compensation  Makes Incentives and Compensation So Tricky? Managing incentive compensation presents challenges to almost every large and midsized company, due to the complex nature of the calculations. Such calculations might involve determining whether the sales plan is to pay on profit, or rather pay on market share; whether it involves multiple payees per transaction, etc. Other considerations include the high levels of security required (owing to the numerous and diverse authorization levels, and the fact that Read More

5 Tips to Effective Compensation Management


Compensation management systems automate and manage the planning, modeling, budgeting, analysis, and execution of enterprise-wide compensation plans. Organizations that have invested in these systems cite a number of significant benefits. This field guide will explore five critical steps to ensure that you get the most out of your compensation planning investments.

compensation  Tips to Effective Compensation Management Compensation management systems automate and manage the planning, modeling, budgeting, analysis, and execution of enterprise-wide compensation plans. Organizations that have invested in these systems cite a number of significant benefits. This field guide will explore five critical steps to ensure that you get the most out of your compensation planning investments. Read More

Talent (Human Capital) Management and Sports? Sign Me Up, Please! - Part 2


Part 1 of this blog post introduced some mixed feelings and doubts that we might still have about the noble concepts of talent management and human capital management (HCM). This skepticism lingers in spite of the many indicators of the usefulness of these concepts in mitigating some imminent global workforce challenges, which were outlined in Part 1. Accommodating "Generation Y" Let us not

compensation  development, and incentive and compensation management (ICM) . Other talent management modules can include: workforce planning, learning management systems(LMS), as well as workforce analytics, portals, and dashboards. Talent Management Software Examples As an illustrative example, Taleo ’s on-demand talent management applications suite currently comprises solutions for companies to assess (including workforce planning and analytics), acquire (i.e., source, select, and onboard), develop (i.e., manage Read More

Talking to an Unrelenting Cloud Enthusiast - Part 2


Part 1 of this blog series introduced Xactly Corporation, a provider of fully multi-tenant, software as a service (SaaS)-based solutions for sales performance management (SPM). The article also provided the bullish vendor’s genesis since being founded in 2005 and its current state of affairs. This article will feature my recent conversation with Xactly’s founder and CEO Christopher Cabrera.
compensation  of the “Xactly Sales Compensation for Dummies” book ( Wiley Publishing , 2006), as well as a regular contributor writer to Selling Power Magazine, destinationCRM.com, World at Work’s Sales Compensation Focus , and more. As mentioned in Part 1, prior to founding Xactly Corporation, Cabrera was the senior vice president of operations for Callidus Software , an on-premises enterprise incentive and compensation management (ICM) company at the time (Callidus has meanwhile embraced the cloud software deli Read More

LaserComp


LaserComp can help to simplify compensation management for the enterprise. It enables compensation analysts to create plans, model impact, manage approval, and provide consistent results across the organization. LaserComp extends the capabilities of payroll and other human resource management systems (HRMS) to manage compensation administration. Web-enabled self-service features help managers to complete and review salary and bonus recommendations for their teams based on criteria defined by the organization.    

compensation  can help to simplify compensation management for the enterprise. It enables compensation analysts to create plans, model impact, manage approval, and provide consistent results across the organization. LaserComp extends the capabilities of payroll and other human resource management systems (HRMS) to manage compensation administration. Web-enabled self-service features help managers to complete and review salary and bonus recommendations for their teams based on criteria defined by the organization.   Read More

BIS ProStaff gets TEC Certified


Recently, I had the pleasure of speaking with the folks at BIS as part of TEC’s Certification process. For BIS, the value-add of TEC Certification was clear—and all they had to do was complete a detailed questionnaire/request for information (RFI) and demonstrate certain solution-specific features and functions that I outlined for them in a demo script. I sat down for the three-hour session with

compensation  Performance Management Career Planning Compensation Management Resource Management Self-Service Workforce Analytics Functional Focus Through the demonstration session, it was clear that ProStaff’s strongest areas of functional focus was in its Training module; however, the solution fares quite well in other areas of human resources (HR), including personnel management and workforce management. For the future, BIS intends to enable 360 degree performance reviews, enhance its talent management capabilitie Read More

Laserbeam Software


Laserbeam Software develops and implements software supporting compensation administration, market analysis, and performance management. The company is headquartered in Concord, California (US). Laserbeam also has experience in development services through its subsidiary in Chennai (India).

compensation  and implements software supporting compensation administration, market analysis, and performance management. The company is headquartered in Concord, California (US). Laserbeam also has experience in development services through its subsidiary in Chennai (India). Read More