The US SEC and Europe CRD IV and Solvency II directives require that companies prove that executive pay is directly tied to company performance. Internal pressure to establish that compensation policies are managed and executed in compliance with corporate policies is rising.
In order to meet these new challenges, HR managers must guarantee compensation processes are transparent, compliant with external regulations and internal policies, and tightly controlled. Successful companies are already leveraging beqom’s total compensation solution to manage all compensation processes in a unified platform.
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