Cloud based compensation management tool designed to move managers away from using spread sheets and macros, for modeling and dispensing employee compensation. HR managers can plan their Merit and Bonus budgets, set guideline for their line managers on merit, adjustments, lumps and promotions.
Compass essential is a family of products that is designed to support and extend the value of the employee compensation process. Compass essential consists of a full suite of tools, from modeling your Salary and Bonus programs, to Performance Appraisal and Total Compensation Statement. Our experience tells us that the compensation process, perhaps more than any other HR responsibility, is completely driven by the needs of the business leaders. That means flexibility in dealing with new priorities and last-minute changes are paramount. Our tools are designed from the ground up with that need for flexibility in mind. Get out of reactive mode! We'll make sure you are ahead of the curve.
An enterprise system with complete compensation management, performance management, career profile management and succession planning.
Compass AI engine has capabilities to detect anomalies with employee compensation and performance data. Can predict salaries, merit % increases for individual employees & forecast compensation budgets for the organization. Can predict manager bias when providing salary increase to employees, helping HR managers normalize salary increase. Can predict flight risk % of an employee and forecast attritions for the organization.