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FocalPoint Two, the Salary Planning Tool, makes quick work of the most complicated plans supporting your Merit cycle. Create an unlimited number of plans in managing compensation – effectively organizing the Compensation cycle. Model your budgets quickly and easily to see the financial impact of changing factors.
Develop Multiple Salary Plans
- Define organizational virtual groups
- Group employees by Job, Grade, Unit, Country, etc
- Attach Groups to ranges and guidelines
- Define Pay Ranges for Grade, Job, Job Family or combinations
- Define Merit Guidelines by Compa-Ratio
- Position in Range of Merit Matrix
Admin Controls
- Complete role and view security access controls
- SQL script creations and execution for added control/visibility
- Simple data import and export controls allow flexibility
Model Plans
- Tie guidelines to Job, Grade, Position, Group or any combination
- Develop different guidelines against multiple groups, organizations or locations
- Produce budgets down to the lowest level in the organization
- Adjust budgets with a holdback or adjustment at any level
Reports
- Standard reports available
- Custom reports
- Export easily to spreadsheets
- Ad-hoc reporting with built-in report writer
