PayReview Description
PayReview gives you instant access to benchmark salaries and position salaries. To motivate, retain, and attract your workforce, it is important to offer the best compensation packages. To ensure parity between salaries of employees at the time they are hired and when they are reviewed for their performance, we enable both Internal and External benchmarking. You will get detailed insights such as organization parity, performance distribution, budget usage, etc. This eliminates the need to rely on outdated survey data and allows you to attract and reward employees with a competitive salary structure. Employers have the flexibility to allocate variable pay, one-time bonuses, and increments based on different metrics. Management can quickly identify and flag increases that are not consistent with their strategies. With robust intelligence software, you can quickly identify attrition probabilities.
PayReview Alternatives
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CompUp
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Core Product Modules:
Survey Management: Centralizes the handling of all compensation surveys.
Bands: Build and securely share pay bands across functions, job families, and levels.
Simulation: Conduct budget simulations to recommend employee-specific increments.
Appraisal Cycles: Streamlined multi-level budget approvals for business units.
People Analytics: Customizable dashboards offer deep insights for data-driven decisions.
Total Rewards Portal: Show employees the total value of their compensation.
Pay Equity Management: Identify and correct pay disparities to ensure compliance.
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Workday HCM
An HCM solution designed for future adaptability. The dynamics of your workforce, the various work environments, and the required skills are constantly evolving. So, how can you prepare for what lies ahead? Introducing Workday Human Capital Management (HCM). Our advanced machine learning capabilities allow you to gain insights into your employees' current skills while also enabling you to develop talent for the skills that will be in demand in the future. Workday HCM provides you the tools to offer personalized recommendations, promote ongoing learning, and foster open communication at every level. This is all achievable on a large scale. With our enhanced analytics, you can extract valuable insights from extensive data collections, providing clear narratives that explain current trends and their implications. We implement intelligent automation throughout the complete attract-to-pay process, reducing the burden of manual tasks and allowing your team to maximize their productivity. From managing compensation and payroll to overseeing time tracking, benefits, and beyond, Workday HCM is dedicated to effectively supporting your workforce and enhancing their overall experience. Additionally, our system is designed to evolve alongside your organization, ensuring you are always equipped for the challenges of tomorrow.
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FocalReview
FocalReview®, SpiraLinks flagship tool, allows you to manage your compensation planning and performance processes better. FocalReview® allows you to manage your stock, bonus, and salary plans in different time frames for different employee populations. It also supports multiple languages and currencies. Your HR teams can budget and recommend, analyze, and approve all phases of compensation. This is possible regardless of whether multiple management organizations are involved. Your business strategy can be tied to your compensation practices. Employee performance can be aligned with workforce rewards. FocalReview®, a role-based, highly configurable compensation management module, helps you balance merit, adjustments lump sums, promotions and bonuses. You can pay in multiple languages, currencies, or pay periods, including hourly, annually, and anywhere in between.
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Integrations
No Integrations at this time
Company Details
Company:
Evoque Advisory
Year Founded:
2017
Headquarters:
India
Website:
payreview.work
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Product Details
Platforms
Web-Based
Types of Training
Live Training (Online)
Customer Support
Business Hours
PayReview Features and Options
Compensation Management Software
Bonus Management
Compensation Assessment
Compensation Calculation
Compensation Plan Modeling
Compensation Statements
Employee Reward Programs
Incentive Programs
Organizational Charting
Salary Planning
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