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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.
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 compensation


The Business Case for Compensation Technology: How Better Enabled Compensation Teams Can Improve Organizational Outcomes
Despite the foundational role compensation plays in talent strategies, many organizations continue to manage compensation market analysis, strategy development,

compensation  Business Case for Compensation Technology: How Better Enabled Compensation Teams Can Improve Organizational Outcomes Despite the foundational role compensation plays in talent strategies, many organizations continue to manage compensation market analysis, strategy development, and program administration using spreadsheets. Managing compensation processes in spreadsheets can be done, and can even be done well in some cases. But the pitfalls of handling complex compensation tasks in spreadsheets are well

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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

10 Keys to Selecting the Right Employee Compensation Software


To get around the limitations of their existing payroll systems, many companies are still using spreadsheets and homegrown applications for compensation management. Human resources (HR) system providers have responded by offering compensation administration functionality as part of their integrated HR solutions. Discover 10 critical things to look for when considering a compensation administration tool for your company.

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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’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.

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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.

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Smarter Compensation Enables a Smarter Workforce: The Connection between Compensation and Career Advancement


For many organizations, human capital is one of the organization’s largest investments, accounting for up to 70 percent of operating expenses.

Given the value of this asset and the cost of maintaining it, organizations seeking a true return on their investment in people must develop a deep competency in compensation and rewards, not only to help ensure packages that attract, retain and engage key talent, but also to help ensure that budget is optimized in alignment with the organization’s business strategy.

A smarter workforce is one in which an organization uses behavioral science, social technology, and deep analytics to match people with the work they were meant to do, and provides both tools and environments that drive collaboration and harness the organization’s collective capabilities. In a world with an increasingly empowered workforce, it is committed to replacing organizational hierarchies and narrowly defined jobs with a more dynamic and responsive definition of work, creating a more meaningful employer–employee value exchange that can result in even better outcomes for both.

Discover how a measured and mindful approach to employee compensation helps ensure a solid framework on which to redefine work and helps employees find meaning in what they do, while valuing the organization’s most critical investment.

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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

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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.
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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.    

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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

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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).

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