Compensation

Vurv's compensation planning software automates complex compensation planning strategies so that organizations can reward performance and drive desired business outcomes. Vurv Compensate helps organizations identify pay for performance vulnerabilities, simplify budget reconciliation processes and better manage their greatest expense. Our application combines manager self-service compensation planning with back-office administrative and analytical tools. Managers are provided the tools they need to simultaneously reward performance and balance budgeted base salary, merit increases, bonus and other incentive compensation for their employees. Our compensation management application captures an organization's compensation planning business rules in an easy-to-use application that allows for consistency across the entire enterprise.

Design
Design a total rewards program that balances performance with pay using interactive, easy-to-use worksheets.

Budget
Create, adjust and reconcile budgets across the organization, empowering line managers with a quick-click wizard that allocates budget and reconciles overages and unused budget.

Simplify
Replace cumbersome excel spreadsheets with easy-touse budget worksheets that include built-in rules, merit guidelines, salary increase percentages, and range penetration data.

Compare
Compare compensation between peer performers to gauge flight risk. Access employment information, pay history and performance data in one-click while retaining auditable pay decision records.

Reward
Ensuring managers optimize their budgets by only targeting rewards to contributors who drive desired business outcomes.

Improve
Protect against competitive poaching and turnover by rewarding top performers and high-potentials.

Measure
Benchmark compensation decisions across the organization, ensuring that pay and performance are aligned with business results.

• Merit, Stock and Bonus Allocation
• Pay for Performance
• Multiple Pay Plans
• Multiple Currencies
• Complex Guidelines