COMPENSATION MANAGEMENT SYSTEM
Compensation Management is a sub-discipline of human resources, focused on employee compensation policy-making. While compensation is tangible, there are intangible rewards such as recognition, work-life and development.
80%
Better alignment and improved agility
90%
Significant improvement in transparency
65%
Higher increment in terms of efficiency
CALIBRATION FOR COMPENSATION
Compensation and rewards easily planned out based on merit and monitoring of employees' efforts.
COMPENSATION MANAGEMENT
Complete plans and packages for proper compensation management, preparation, planning and monitoring.
REWARD THROUGH RECOGNITION
Prepare programs for recognizing and rewarding according to merit with promotions and bonus payouts.
GUIDELINES FOR FLEXIBILITY
Flexible modelling of budget plans and compensation process flows with easy steps and guidelines.
BENEFITS OF THE COMPENSATION MANAGEMENT SYSTEM
WHAT TALENTCLOUD.AI IMPROVES
Talentcloud.ai Compensation Management is a sub-discipline of human resources, focuses on employee compensation policy-making for tangible as well as intangible rewards such as recognition, work-life and development.
- Ensure rewards are flexible and agile to meet the changing business needs.
- Comp & Ben info are shared to clarify expectations.
- Easy & Fast to apply, submit, approve and monitor claims & benefits.
80%
Better alignment and agility
90%
Significant improvement in transparency
65%
Higher increment in terms of efficiency
COMPARISON BETWEEN MODERN HR AND THE PAST
WHAT TALENTCLOUD.AI REFORMS
Talentcloud.ai HCM is built from the ground up and delivered in the cloud. It is the only enterprise application that unifies human resources, benefits, talent management, payroll time and attendance as well as recruitment in the regional.
BEFORE / TALENTCLOUD.AI
- RIGID REWARD & LACK OF COMPETITIVENESS
Rigid approach in compensation, lack of competitive edge "one-size-fits-all" system causes inability to attract and retain top-performers.
- TRANSPARENCY & ON-THE-GO ACCESS
Transparency to clarify expectations; employees can submit claims, view benefit selections, and claim status from their mobile device.
- TIME-CONSUMING MANUAL PROCESS
Manual Claim Process & Approval takes too much time and may not always be accurate.
AFTER/ TALENTCLOUD.AI
- LACK OF TRANSPARENCY
Compensation & Benefit Information is shared on a "need-to-know" basis and does not always correlate with performance and contribution.
- EASES BURDEN ON MANAGERS
Managers can easily approve requests on the go through mobiles as the system sends automatic notifications of required actions.
- EFFICIENT CLAIM MANAGEMENT
Better claim management system that boosts your company's efficiency and helps ensure satisfaction for managers and employees.
