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REWARD™ automates all aspects of compensation administration and pay delivery. This web-based suite includes globally accessible applications for market pricing, compensation design and analysis, and manager self-service.
| Overview |
Features |
Technology Profile |
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REWARD™ consists of five modules and combines broad functionality, innovative features and intuitive processes to manage current and future compensation needs. Each module stands alone, or mix and match any of the five.
MARKETPLACE
- Build a data warehouse of survey records with unlimited jobs
- Price jobs from REWARD™’s market data warehouse without importing your jobs and employee data
- Produce standard reports for market-pricing analysis
MARKET STUDIO
- Market-price jobs, conduct internal vs. market pay comparisons and determine trends
- Import employee, job and market data
- Customize reports for broad-based compensation analysis and modeling
COMP DESIGNER
- Develop cost models to analyze various pay increase scenarios
- Link cost models to generate a compounded total pay increase budget
PAYREVIEW
- Involve managers in pay decisions
- Link pay to performance
- Provide simple, effective budget control
eLEVEL
- Determine appropriate job leveling within an organizational hierarchy
- Automate any job evaluation or leveling system
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