HRSoft’s COMPview is a leading platform in compensation lifecycle management. This purpose-built software brings digital transformation to one of the least automated processes in HR, effectively streamlining and optimizing complex compensation management tasks.
The platform unifies all compensation-related data into a single system, providing the necessary transparency for stakeholders across the organization. It simplifies the calculation and allocation of merit, bonus, and equity awards, thereby enhancing employee engagement, performance, and retention.
COMPview allows for the design, approval, execution, and measurement of even the most intricate compensation strategies, preventing any potential chaos. It enables the definition, supervision, and control of the entire compensation lifecycle, from budget modeling to award allocations, within varying rules and budgets, all the way to employee communication.
The platform empowers line managers to make strategic award decisions based on performance and potential. It also provides HR with real-time visibility into decisions being made on an individual employee basis.
With HRSoft’s Modeling Tool, users can review award recommendations, model changes, and make mass updates before finalizing award approvals. The platform also allows for the online publication and viewing of employee compensation statements, ensuring new awards are communicated at the right time for each employee.
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