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)