Annual employee salary reviews can be time consuming and stressful for managers, employees, HR, and finance. Establishing a streamlined and transparent compensation and rewards process can improve your company’s bottom line by motivating employees, avoiding costly turnover, and aligning merit reviews with corporate budgets and objectives.
Here at emPerform, we frequently hear from HR and managers that they are looking for a merit and bonus allocation process that is fair, consistent, and enhances their performance management efforts, instead of diluting them. Companies are also looking to integrate their performance review platforms with payroll and compensation decisions so that performance and compensation data is accessible, secure, and available for corporate budgeting and reporting. Streamlining performance reviews and compensation planning can drastically reduce the time needed to allocate, approve, and consolidate merit changes and can also help ensure your valuable talent understands how their performance development and rewards are linked.
Watch this recorded HR.com webinar and see how we help you tackle common compensation/merit review challenges and offer practical tips to ensure your compensation review process is aligned to individual performance and company goals.
In this webinar recording will cover:
Resources from the webinar:
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Get rich performance management with single sign-on & a seamless flow of data from your existing payroll, ERP or HR system.
Configurable online reviews
SMART goal management
Integrated 360° multi-rater assessment
Engagement, pulse & satisfaction surveys
Ongoing feedback & check-ins
On-demand forms & PIPs
New hire reviews
Nine-box talent matrix
Reporting & dashboards
Email & task notifications
Integration with existing HR Systems
Hosted or on-premise deployment
Guided setup & training
Quick & easy implementation
24/7 access to customer resources
Ongoing support & account management
– HR Training Coordinator, Dolese
– HR Specialist, Geosoft
Crystal Walker, Manager of Talent & Development at Energy United
-Anna Yoo, Compensation Analyst at Laika LLC