Resources

Compensation Management Datasheet

SumTotal System ' TotalCompensation changes transactional salary planning and pay for performance decisions into strategic opportunities to reward for retention. With its ability to integrate with your HRIS and employee performance management process, TotalCompensation becomes a tactical advantage in the war for talent.

Improve your pay for performance program

TotalCompensation's configurable compensation planning module builds in your budget, procedures and rules for efficiently managing merit increases, bonuses and other compensation factors. Updates and recalculations happen in real time across multiple users.

TotalCompensation automatically calculates budget impact and highlights budget overruns, allowing management to test pay for performance scenarios while adhering to budget guidelines.

If you aren't accurately measuring what matters, then your pay for performance program may not accomplish its goals. You need fair and equitable variable compensation to motivate and retain a highperforming workforce. Guarantee the integrity of your variable compensation program by linking it with TotalPerformance s ability to manage, monitor, and measure employee performance and get the advantages that come along with its easy-to-use performance logs, intuitive drag and drop employee appraisals, and customizable, robust reporting.

Features and capabilities

• Web-based (on-demand or licensed)
• Configured with your
• Compensation factors
• Budget guidelines
• Business rules
• Workflows
• Access requirements
• Integrates with your HRIS to ensure accurate employee data and payroll updates
• Integrates with other TotalPerformance Employee Performance Management modules
• Overall performance ratings feed directly into TotalCompensation to ensure accurate pay for performance. Ratings adjustments resulting from score calibration update  TotalCompensation in real time
• Supports off-cycle compensation events
• Real-time compliance monitoring and automatic reminders
• Fully customized individual and management reporting