Compensation Management

Compensation management could be your most effective weapon in the increasingly competitive war for talent. Available for both ResultsOnDemand – Performance and TotalPerformance deployments, the SumTotal Compensation module helps you gain tactical advantage by enabling variable compensation programs based on solid employee performance data. The results? You can accurately identify and reward your top performers.

With configurable compensation planning features, this module works with your budget, your procedures and your rules—so you can efficiently create and manage merit increases, bonuses and other compensation factors that motivate your unique talent base. Updates and recalculations happen in real time across multiple users. And pay-for-performance initiatives become more feasible with the ability to automatically calculate budget impact and identify potential overages.

The Compensation module offers you:

• Web-based access (on-demand or licensed)
• Configuration flexibility to accommodate your compensation factors, budget guidelines, business rules, workflows, and access requirements
• HRIS integration to ensure accurate employee data and payroll updates
• Integration with other SumTotal Employee Performance Management modules
• Ability to feed overall performance ratings from other modules directly into compensation plan to ensure accurate pay for performance
• Ratings adjustments based on score calibrations
• Real-time salary planning updates
• Support for off-cycle compensation events
• Real-time compliance monitoring and automatic reminders
• Fully customised individual and management reporting