Compensation Management Software
Compensation software eases the life of an HR manager by keeping and structuring all information about employees’ salaries, benefits, and incentives. As an HR professional, you can use these planning solutions to adjust your compensation policy, plan your company’s salary budgets, and manage compensations using a visual dashboard.
Our Compensation Management Key Features
The Lanteria HR Compensation module helps HR managers not only manage base pays and allowances but also track the compensation history of any employee working for the organization.
With the responsibilities you’ve been given, you want to find a useful compensation tool to make sure your budgets and compensations are calculated correctly. Lanteria HR’s compensation management solution simplifies budget optimization and salary management.
One of HRs’ main priorities is motivating employees to improve their performance, which can be done by designing a system that would help control workers’ compensation based on their results.
In addition, Lanteria’s compensation planning software has a lot of helpful features, interesting details, and nice touches, for instance:
We made sure to implement every tool that would be useful for HR managers. Using software like this, you get a better understanding of how well your workforce performs and whether their results match the compensation they receive.
On the other hand, the system also tracks those workers that are highly productive and are counting on a bonus. The compensation software won’t let you ignore such employees, as they are the driving force of your entire organization.
Users who have access to the internal system are able to publish compensation policies, and this facilitates diverse bonus structures within the company.
For reporting purposes, you can import and export important compensation data without any problems. Compensation management software ensures that your employees’ allowances are in good hands, supervised by industry professionals.