Sunday, September 05, 2010

Smart Technology

 

Enhancing remuneration and performance management

We understand the needs of busy HR practitioners. Strategic Pay has developed a range of smart automated tools to manage your remuneration and survey submission needs.

 RemWise® – salary management software for managing every aspect of remuneration management

 spectREM® – Strategic Pay’s web-enabled database

 PayCalculator – survey data at your fingertips

 

RemWise®

RemWise® is designed to give effect to your remuneration strategy – how positions are “sized” for internal and/or external purposes, how they are benchmarked against the market, how they are paid, and then how individuals progress within the pay structure, including any linkage to performance.

Key Features:

  • An Excel-based tool for managing remuneration for all staff, regardless of type of employment agreement,  policy, location or country
  • All remuneration costs, including benefits, cash and variable pay, managed in a central repository
  • Market data analysis from one or multiple surveys, electronic data input to minimise the need for detailed data entry
  • Import and export of data to payroll, survey providers, manager input and review
  • Automated data submissions for surveys
  • Costing and modelling for salary review process
  • Full reporting for management and employees is available:
    • Job sizing (whether derived from job evaluation, benchmarking or slotting or some other form of sizing system)
    • Market benchmarking
    • Salary review communication
    • Performance information (e.g. ratings distribution)

spectREM®

No other company offers the breadth of participants or depth of employee data. The spectREM® database allows Strategic Pay to analyse jobs from three perspectives – by job size (job evaluation), by job function (job match) and by job level (job/career matrix). This gives you the client total flexibility to access valid market data for your positions in a format that suits your needs. SpectREM’s Web-enabled features allow for easy upload/download of Company data for survey purposes and no-fuss access to Strategic Pay market information. In a small market, these features set us apart from our competitors.


Solution to August puzzle:

  • He worked for 18 days (did not work on 12 days)

 

Copyright 2010 Strategic Pay