Automate compensation and benefits administration.
Automate compensation and benefits administration, enabling companies to design competitive and equitable compensation packages. This includes salary, bonuses, and benefits, ensuring that employees are fairly compensated and helping to attract and retain top talent.
We’ve listed the products and solutions that commonly address the Compensation and Benefits use case below.
A global HCM software provider offering solutions for payroll, benefits, workforce management, and more.
A provider of cloud-based software applications for businesses, including CRM, HR, finance, and more.
A comprehensive human resources platform offering payroll, benefits, talent management, and more.
An advanced HCM solution providing tools for HR, talent, payroll, and time management for large businesses.
A cloud-based HR management software solution designed for small and medium-sized businesses.
A cloud-based HCM and financial management platform offering a range of applications for businesses.
A flexible HCM solution designed for small to medium-sized businesses to manage workforce, payroll, and HR needs.
A cloud-based human capital management solution designed to help businesses manage their employees, payroll, and time.
A platform for hiring and managing international contractors and employees, simplifying compliance and payments.
An all-in-one platform that unifies HR and IT, including payroll, benefits, and more.
A cloud-based HCM suite from SAP that offers tools for employee management, learning, and performance.
A modern, AI-powered platform providing a personalized experience and actionable insights for HR management.
A customizable HCM solution designed for large enterprises with complex HR and payroll needs.
A suite of enterprise applications that combines Oracle's best-of-breed products for finance, HR, and CRM.
A comprehensive HCM solution that integrates HR, talent, time, benefits, and payroll for large businesses.
Customize these feature priorities in Taloflow and get expert ratings for 15 different vendors and solutions, including None.
| Feature | Dimensions | Description | Priority |
|---|---|---|---|
| Benefits Administration |
|
Assembles and manages the benefits an organization provides to employees. | Critical |
| Benefits Record Management |
|
Tracks and manages employee benefits information and eligibility information within a centralized database. | Critical |
| Compensation Grids |
|
Provides Pay for Performance page to provide an overview of performance pay metrics for the organization, by relationship and department. | Critical |
| Total Compensation Statement |
|
Sets up compensation grids to define and maintain the pay structures for fixed compensation plans. | Critical |
| Automatic Life Event Processing |
|
Automatically detects life events and determines if changes need to be made. | Important |
| Benefits Dashboard |
|
Provides an intuitive UI that offers insights into current benefits data and historical trends. | Important |
| Benefits Prioritization |
|
Prioritizes benefits and identifies the order in which deductions will be taken from an employee's gross pay. | Important |
| Benefits Reconciliation |
|
Reconciles premium payments to actual employee enrollment in case of business constraints. | Important |
| Enrollment Planning |
|
Facilitates employee enrollment in health insurance plans during open enrollment and special enrollment periods. | Important |
| Pay for Performance Page |
|
Allows for the calculation of compa-ratio, which divides an individual's pay rate by the midpoint of a predetermined salary range. | Important |
| Benefits Alerts |
|
Alerts employees on any changes to benefits or for allocation. | Nice To Have |
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