Merit Planning + Compensation
Custom Recommendations
Customized recommended merit increase amounts based on 5 key variables – Performance, Current Salary, Position in salary range, merit increase model, and merit increase budget
Custom Budgets
Ability to assign increase budgets by individual departments or the overall company. This allows an organization to reward high performing departments with larger merit budgets.
Custom Options
Customized options, including allowing managers to adjust employees increase amounts.
Seamless Integration
Performance scores are automatically transferred into the merit model for a seamless process, eliminating errors, and saving you time and money.
After completing the Performance Appraisal process, all of the data is moved into the merit planning section. Using customizable increase model, you’ll see a suggested increase amount to all employees based on their performance, pay range position, and organizational (or department) budget.
It’s up to your company if you want to allow managers to have the final say on the increase amount, or to proceed with the suggested amount.
Customized recommended merit increase amounts based on 5 key variables:
1. EMPLOYEE PERFORMANCE
2. CURRENT SALARY
3. POSITION IN SALARY RANGE
4. MERIT INCREASE MODEL
5. MERIT INCREASE BUDGET
Inside the Merit Planning Module you'll have:
Ability to assign increase budgets by individual departments or the overall company. This allows an organization to reward high performing departments with larger merit budgets.
Customized options, including allowing managers to adjust employees increase amounts with in their budgets.
Performance scores are automatically transferred into the merit model for a seamless process
Over 300 Companies trust us
Since 1985 we have worked with over 300 organizations of all sizes, natures, and industries, in the development of compensation and performance management systems.
Kind words from....
“I really like this program more than the previous numerical one we used in the past. The descriptions are clearer and more defined. The rating choices seem easier to choose because they are written and not numbers that you keep having to refer back to.” Customer Service Manager – Stahls’