Manage salary globally while adhering to local guidelines and policies.
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 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.
“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.”