beqom announced today the go-live of their Total Compensation Management Software at Case New Holland Industrial (CNHi). A global leader in the capital goods sector, CNH Industrial operates 12 brands in 190 countries.
Believing in the strategic value of a total compensation approach to cover all HR and Sales performance aspects, CNHi selected beqom to cover their salary alignment, bonus management and sales incentive management for 25,000 employees globally.
In the first phase of the project, CNHi will use beqom’s platform to plan and execute its performance and bonus process. This will be followed by a Salary Alignment process designed to motivate employees toward the company’s objectives and ensure that they are benefitting from a fair pay-policy.
Using beqom with give CNHi the ability to model and change sales incentive plans in response to market conditions, to provide. competitive advantage. Commission payments are now transparent and accurate, benefitting both employees and management in HR and Sales, as well as supporting compliance requirements. The centralized compensation platform makes employees more efficient by automating the processes, saving time and increasing employee engagement. The company is able to save money by ensuring that raises stay within budgeted guidelines, with appropriate approvals and controls.
“This launch represents another addition to our forward-looking customers who believe in the strategic value of our Total Compensation approach.”
— Fabio Ronga, CEO, beqom
CNH Industrial is a global leader in the capital goods sector that, through its various businesses, designs, produces and sells agricultural and construction equipment, trucks, commercial vehicles, buses and specialty vehicles, in addition to a broad portfolio of powertrain applications. Present in all major markets worldwide, CNH Industrial is focused on expanding its presence in high-growth markets, including through joint ventures.
Image source: Courtesy of CNH Industrial