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HRsoft Compensation Management

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Are you struggling to manage employee variable compensation planning and payroll processing manually? HRSoft is a compensation management solution with a user-friendly interface that does not require extensive navigation training. Choosing HRSoft will help you simplify complex human resources (HR) processes and end compensation chaos.

HRsoft Compensation Management Specifications

Employee Information Management

Recruitment and Applicant Tracking

Performance Management

Attendance and Time Tracking

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What Is HRSoft?

Overview

HRSoft is a cloud-based compensation management software designed to streamline and digitize complex (HR) processes. With a focus on driving employee engagement, performance, and retention, it provides organizations with the tools needed to effectively manage compensation programs. Additionally, the software helps companies keep their employees invested and the HR team in control to prevent disparate compensation related data chaos.

What Is HRSoft Best For?

HRSoft compensation management simplifies various HR processes involved in calculating and allocating merit, bonus, and equity awards. It offers a range of features to automate salary, stock, and variable pay plans while providing intuitive tools for compensation lifecycle management.

HRSoft Pricing

The platform offers varying pricing plans. These are:

  • Grow - Custom Pricing
  • Scale - Custom Pricing
  • Elevate - Custom Pricing
Get personalized HRSoft pricing!

HRSoft Integrations

The software offers several third-party integrations, such as:

How Does HRSoft Work?

Once you have logged in, here's how you can navigate the dashboard and make use of the HRSoft features:

  • Access the employee data management module to view and manage employee compensation details. Plus, use filters to search for specific employees or groups within the organization
  • Initiate and manage various pay plans, including salary and stock by navigating to the compensation planning module
  • Create and modify compensation packages based on organizational guidelines and performance metrics using intuitive tools
  • Explore the global HRSoft compensation management section to handle diverse compensation requirements for multinational operations
  • Identify top performers within the company and reward them with performance recognition features
  • Use the reporting and analytics section to generate comprehensive reports on compensation trends, cost analysis, and performance-linked payouts
  • Customize the platform to align with the specific needs and structure of your organization
You can also schedule a free HRSoft demo and learn more about its functionalities.

Who Is HRSoft For?

The software caters to the following domains:

  • Entertainment
  • Finance
  • Education
  • Healthcare

Is HRSoft Right For You?

Are you looking for a single unified system to facilitate seamless payroll processing, drive employee engagement, and simplify compensation plans? If yes, then HRSoft can be the right option for you. It is trusted globally by companies like Nintendo and has been named on the 2023 Constellation shortlist.

HRSoft provides an integrated system and employs encryption techniques to protect sensitive data during transmission and storage. Cloud computing enables HRSoft to scale seamlessly as organizational needs evolve. It allows for flexible resource allocation and ensures that the platform can handle increasing data volumes and user loads.

Still not sure about the software and need more information? Contact us on (661) 384-7070.

HRsoft Compensation Management Features

The software provides tools and features to manage the entire compensation lifecycle. It includes functionalities for planning, budgeting, implementation, and program analysis. HRSoft ensures that organizations have a centralized platform to handle all aspects of compensation management efficiently.

HRSoft allows organizations to align compensation with individual and team performance. It provides tools to manage performance feedback cycles and goal setting. The software promotes a performance-driven culture and helps organizations effectively reward high-performing employees.

When it comes to simplifying complex compensation strategies and tailor compensation plans to the unique needs and requirements of organizations, HRSoft proves to be very helpful. It allows organizations to define compensation structures, performance metrics, award criteria, and communication templates.

Designed with a great user interface, HRSoft makes it easy for HR professionals, administrators, managers, and employees to navigate and utilize the system efficiently. This ensures a smooth user experience and facilitates effective utilization of the software's features.

Pros and Cons of HRsoft Compensation Management

Pros

  • Quarterly health check with L3 premier support
  • Responsive customer support team
  • Efficient compensation management
  • Significant power and business impact for companies looking to streamline their HR tasks

Cons

  • Potential information overload
  • Customization complexity, as per some HRSoft reviews

HRsoft Compensation Management Pricing

Grow

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What's Included

  • Grow features

  • Single hierarchy view

  • Bonus allocations

  • Budget management rules

  • Online statements

  • Annual compensation cycles

  • Multi-currency conversion

  • 1 integration feed into HRIS

  • Proration calculations

Scale

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What's Included

  • Grow + Scale features

  • 3 organizational hierarchy views

  • Frequent incentive plans

  • Up to 5 currency conversions

  • Custom reporting and standard dashboards

  • Up to 4 compensation cycles per year

  • Long-term incentive plan allocation

  • Up to 3 language packs for online statement

Elevate

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What's Included

  • Scale + Elevate features

  • Spot bonus and nomination templates

  • Up to 12 compensation cycles per year

  • Employee total rewards portal

  • Up to 10 custom reports

  • Simulations and calibrations

  • Up to 10 language packs for

  • HRSoft platform translations

  • Online statements

HRsoft Compensation Management Reviews

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Frequently Asked Questions

Yes, HRSoft offers an API.

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