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 HR PayMaker.com

Ask your employees, What does Pay-For-Performance mean? Most will tell you that they do not know and moreover how it affects their pay. Simply stated, Pay-For-Performance is just a fuzzy concept to many employees.

Clearly, companies are recognizing the benefits of a pay-for-performance employment culture. However, without the right tools it is not easy to implement this highly effective system.

Becoming a Pay-For-Performance company has just gotten a whole lot easier.

Properly rewarding top producers and allocating pay increases across an organization can be a complex, laborious and error-prone task—especially if it is being managed manually using spreadsheets and paper.

HR PayMaker is an affordable solution that greatly simplifies and automates the entire compensation adjustment process. It provides all levels of management with secure, simple to use tools to allocate merit-based compensation with base salary. 

HR PayMaker helps simplify and streamline this process in several ways:

  • It can suggest pay adjustments based on appraisal scores and percent of grade range

  • It provides convenient access to rules and guidelines for their adjustment 

  • It automatically verifies all recommendations against established budgets and pay guidelines, flagging those outside corporate policy.

  • Its automated reminders keep the entire process moving until final approvals are in place.

Allocating pay across an entire organization is a time consuming task—particularly for organizations with multiple management layers. HR PayMaker will help in several ways, allowing managers to:

  • Complete compensation plans on timeHR PayMaker keeps processes moving with its automated notification reminders and other time saving features. 

  • Establish confidence in company-wide pay rates and adjustments—the products' built in checks and balances reduce errors and helps ensure more accurate and fair compensation adjustments.

  • Foster a performance-oriented culture—a culture where employees are focused, productive and appropriately compensated. HR PayMaker provides the essential tools for helping organizations develop a high performance workforce.

  • Avoid legal hassles—access to sensitive compensation information is strictly controlled.

  • Establish uniform pay practice company-wide pay rates and adjustments

 



 


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