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Salary Management

Total Compensation

Manage salary globally while adhering to local guidelines and policies.

TCM-Salary Management-01-01-01

To compete globally, leading companies leverage compensation strategies that are both market and performance based to attract, motivate, and retain employees that fit their company culture and are equipped with the skills necessary to achieve the company strategy.

Successful compensation strategies must include salaries that are competitive for each job position and local market guidelines, and are fair compared to peers and the market. This applies to both initial salaries and ongoing merit increases. The salary management process by which pay is determined, needs to be efficient and data rich for executives and HR, easy and collaborative for managers, and transparent for employees and stakeholders.

Salary Management

Salary management with beqom allows you to create the optimum salary structures in a consistent but flexible way. You can automate, review calibration, adjustment and approval cycles, and deliver Total Compensation transparency, from payee to executive. We help you ensure your salary strategies are competitive in all markets, fair across all roles, effective and compliant across the enterprise.

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Using beqom for your salary management helps you:

  • Automate salary review and merit processes with real-time process management.
  • Leverage rule-driven AI based salary and promotion guidance.
  • Link market data to compensation and rewards decisions to ensure pay equity across your organization.
  • Model multiple plan scenarios against live data.
  • Provide transparency of all compensation detail for reporting, total compensation statements and letters, and audit and compliance reporting.
  • Deliver advanced compensation analytics with packaged templates and dashboards.
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Tell us about your business, and our experts will help you implement the right solution for your compensation management needs.

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Success Stories

CNHi

CNH Industrial

Centralized global control and governance over HR and sales processes resulting increased revenue and forecast accuracy.

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Vodafone

Vodafone

Improved efficiency by decreasing their salary review processes for over 89,000 users from 3 months to 15 days.

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“beqom was the only provider that could meet our compensation needs. We needed a single, integrated compensation management system deployed globally, that enables us to centralize out compensation processes whilst still maintaining flexibility at the local level.”

Robert Gerdes, Vice President of Compensation and Benefits at CNHi
CNH_Industrial