A game changer in remuneration
Transform your salary review process from tragedy to triumph. Deliver a super smooth process that positions you as the people experts in your business.
The Elevator Pitch
Employee remuneration and compensation reviews are a complex and often emotional process, that place huge pressure on the HR team.
Whether it be salary increases, complex incentives or bonuses, with Pivot Remuneration you can be assured that your budget is managed, policies are bought to life, data is secure, reporting is timely, accurate and insightful and that all too critical message to the employee via a letter or email is correct and personal.
|Simplified data upload and download functions|
|Flexible Organisational hierarchy|
|Matrix based reporting lines|
|Ability to delegate responsibilities or seek input from others|
|Reassignment of responsibilities for managers on leave|
|Budget modelling options and management through rule based controls|
|Range of matrix and modelling options to support strategic initiatives|
|Business rules to guide managers adherence to company policy via traffic lights|
|Ability to manage complex and multiple remuneration structures considering local conditions for elements such as superannuation/pension plans, benefits and allowances|
|Management of a discretionary or complex bonus and STI, LTI plans|
|Lump-sum payment options available in lieu of salary increases either within the same or a different budget|
|Approval and moderation steps available with real time budget impact reporting|
|Rule-based automated letter production including remuneration statements|
|Email options for letter production and electronic records for employee file|
|Multiple currency management and single currency consolidation|
|Real-time standard and relevant reporting for all roles|
|Customised reporting for all roles|
|Personalised Help function - reducing need for training|
|Workflow management and monitoring|
|Impersonate/Shadow functionality allowing HR to support end users|
|Ability to operate concurrent different workflows, structure etc for different business segments|
Calculate what your current process might be costing you.