What is COMPview by HRsoft?
COMPview provides a comprehensive solution for managing the complex compensation lifecycle within organizations. It enables businesses to streamline and optimize their compensation decision-making processes, ensuring greater accuracy, transparency, and employee engagement
Highlights
- Integrates disparate compensation data into a single unified system, providing stakeholders with the right level of transparency
- Guides and simplifies the calculation and allocation of merit, bonus, and equity awards to drive employee performance and retention
- Enables the design, approval, execution, and measurement of complex compensation strategies
- Defines, oversees, and controls the entire compensation lifecycle, from budget modeling to award allocations, across different rules and budgets
- Empowers line managers to make more strategic award decisions based on employee performance and potential
- Provides HR with real-time visibility into compensation decisions made at the employee level
- Offers a modeling tool to review award recommendations, model changes, and make mass updates before final approvals
- Allows for the publication and online viewing of employee compensation statements, ensuring timely communication of new awards