Compensation plans are key to business performance

Business performance is largely driven by the quality of your employee workforce. The more aligned your workforce is with the goals and objectives of your business, the more you can drive performance and productivity. Consequently, competition for the kind of talent that can have significant impact on business results is very tight. And in that competition to attract the best employees from a shrinking talent pool, salary issues play a major role. Effective compensation plans can go a long way toward satisfying the needs and interests of employees while simultaneously reducing the administrative burden on managers and financial planners. Even at larger employers today, compensation plans are often administered through home grown solutions involving manual spreadsheets. But these systems lack the kind of efficiencies and accuracy that competitive organizations require to succeed. When seeking software to effectively manage compensation plans for greater performance and employee satisfaction, leading companies turn to Authoria.

Software from Authoria helps build competitive compensation plans

With Authoria Salary™, organizations get a highly sophisticated yet easy-to-use application for administering compensation plans more effectively. Authoria Salary compiles all salary related data in a central repository, offering access to real-time data through dashboards personalized for users in diverse roles within the organization. Managers can use this centralized data within dynamic worksheets to increase accuracy, deliver consistency and speed the compensation planning process. Authoria helps standardize pay plans and practices and delivers the compliance information needed to ensure key HR initiatives are being administered correctly throughout the organization. Salary planning is dramatically simplified — managers can easily use market data and employee performance information to determine salary levels, while visual alerts help identify employees who are compensated at levels outside expected guidelines. Just-in-time knowledge and coaching tips help guide decision-making for greater compliance with HR policies. And enhanced reporting and analytics make it simple to create user-defined reports, track salary expense against budget, and bring greater accuracy to decision-making.

Integrate plans for recruiting, performance management compensation and more

In addition to software for administering compensation plans, Authoria offers an integrated set of human resource performance management solutions that meet the needs of managers and HR professionals in managing decisions throughout the HR life cycle. Authoria Performance™ is an employee performance management tool that helps better align employee actions with organizational goals. Authoria Recruiting™ provides recruiting software that helps find and attract top talent.. Authoria Incentive™ assists with enterprise incentive management, while Authoria Communication™ offers a self-service solution to employee benefit communication. And Authoria Succession™ provides robust tools for succession planning.