Financial services compensation is unique. Financial services organizations have unique challenges in planning and executing their compensation processes. Not only does the industry have many specialized needs to structure rewards plans that produce results, but each company is different and has its own unique requirements. And compensation is often a firm's largest expense.
HRIS systems are limited for managing compensation. Companies are realizing the need to move on from spreadsheet based and homegrown systems, as they digitize their HR processes. Yet many firms realize that their HRIS system cannot handle the complexity of their compensation strategy.
Execute your rewards strategy without compromise.In this overview of the challenges of financial services compensation, you will see how firms across the FS spectrum have solved their compensation challenges, without yielding to the limitations of their HR platform.
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