Merit Compensation

The PDServices Merit Compensation Management Tool will help you to gain control of your compensation process, ensure that you are paying employees fairly, and help you save time and money.

Features:

• Import and export employee data to/from your HR, payroll and performance management systems

• Enter, view, edit employee records

• Create and maintain salary ranges and mid-points by position

• Create and maintain your merit increase matrix (default matrix provided)

• Enter your organizational budget for salary increases

• Calculate Mid-Points and Compa Ratios to help evaluate where employees fall within their salary ranges

• Calculate suggested increases based on your budget assumptions, current salary compared to mid-point, and performance rating

• Generate reports and graphs to help manage your budget and compensation process

• Customize to your needs and environment

Benefits:

• Gain better control of your compensation spending

• Improve consistency and fairness of your compensation policies

• Increase motivation and employee commitment by paying for performance

• Maximize the return on your compensation dollars

• Save time for HR and managers in the process of managing compensations

Integration: PDServices can help you interface HROffice to our other HR applications (HROffice, Performance Pro, Recruiting, and/or Payroll) or to applications of your choice.