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, 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.
beqom provides a Total Compensation Solution focused exclusively on managing compensation and performance for large enterprises, providing companies with a global platform for Salary Management to model the optimum salary structures in a consistent but flexible way, automate, review calibration, adjustment and approval cycles, and deliver total compensation transparency, from payee to executive.
This ensures your salary strategies are competitive in all markets, fair across all roles, effective and compliant across the enterprise.
Centralized global control and governance over all HR and Sales processes resulting increased revenue and forecast accuracy.
One of the goals we accomplished with beqom was to transform HR administrative tasks into strategic actions that have a measurable impact on the business .