Compensation Management Solution
Improve compensation management
Manage Compensation with Ease and Precision
Forget manual processes and cumbersome, error-prone spreadsheets. It's time to automate compensation planning to simplify processes, reduce paperwork, and provide one central place for tasks and approvals - saving time and administrative costs. Cornerstone Compensation helps you get your compensation strategy right by making it easier to optimize your budgets to attract and retain top talent.Get Demo
Manage a wide range of compensation programs including salary, merit increases, market adjustments, lump sum payments, and other discretionary pay components.
Develop and implement incentive management programs for the distribution of bonus and equity with tools that improve accuracy, boost consistency, and ensure compliance.
Customized Compensation Statements
Create organization-branded compensation statements that provide employees with information on the total value of their compensation package in one comprehensive view.
Budgeting & Reporting
Increase transparency and visibility for managers with reports and dashboards that show approval workflows, budget summaries and scenarios, and analytics tools.
- Compensation Planning
- Incentive Management
- Customized Compensation Statements
- Budgeting & Reporting
Benefits of Cornerstone Compensation
Design compensation plans that increase transparency, improve efficiencies and provide better security, control, and overall governance.Talk to a Sales Rep
Make Better Compensation Decisions
Gain greater transparency and insight into rewards and performance to conduct a total compensation analysis. With critical employee performance and market data, managers have the ability to make more informed decisions about the allocation of base pay, bonus, and equity awards.
Attract and Retain Top Talent
Combine organizational, performance, and market data to help you define clear guidelines for building competitive compensation plans. Easily balance market rates with costs and directly link compensation to employee performance to effectively allocate compensation budgets to attract and retain top performers and avoid overpaying underperformers.
Easily Manage Global Compensation
Manage comprehensive, secure and accurate global compensation strategies simply and effectively. Build effective global processes and controls and customize compensation plan options based on regional languages, currencies, and other localization needs.
Gain Flexible, Configurable Functionality
Highly flexible, role-based administration gives you the freedom and flexibility to design and implement compensation task workflows that meets your needs and integrates with your performance management and compensation plans. Easily configure budgets, salary bands, adjustment guidelines, and compensation templates that match your specific compensation strategy..
Learn how to foster a pay-for-performance environment with these five strategies.
Learn how to cultivate collaboration between HR and Finance.
Learn how to improve compensation planning.