SALARY REVIEW (SRT)
Measure the impact of HR Processes on the main variables from your profit and loss account.
Manage the Annual Salary Review Process. Define your Salary Policy and use the Performance Evaluation Results, or any other indicator that you choose, to manage increases.
- “Customised” Salary Ranges
Establish Salary Ranges by level or position, using them to calculate both the Compa-ratio and the Percentage of Penetration into the Band/Level Range.
- Flexible Increase Matrices
Define multiple matrices (e.g. of Merit, Potential or Equity, etc.), using any field from the database, or the result from other modules, to calculate an initial increase proposal.
- Salary Review by Employee
Automatically generate an Individual Salary Review Document, specifying performance evaluations, salary increase information and other performance-dependent remuneration components.