Improving compensation to improve performance
Talent management processes have been steadily advancing over the last five years, along with organizations’ ability to efficiently manage hiring, performance reviews and compensation plans to achieve expected outcomes. But many organizations’ talent management has not incorporated market data into compensation applications, leaving them unable to ensure that compensation processes and talent-management investments deliver optimal HCM value. Most of these impediments are related to the use of disparate systems and methods to manage compensation. This results in information scattered across files and systems (52%) and a lack of an integrated total compensation process (48%).
Don't let these disparate systems hinder your talent management. Download the "Effective Compensation Strategies for Talent Management" Viewpoint, and improve your talent management today.