Compensation Advisor

A comprehensive compensation management solution that streamlines and automates an organization’s compensation processes

Empowering Smart & Intuitive Compensation Decisions

Our solution consolidates data from various sources and provides a unified view of the compensation process, provides accurate market benchmarks, prescribes the right compensation values based on the essential parameters and overall gives a very intuitive experience for the user to perform the necessary compensation tasks.

Business Impact

How can our Compensation Advisor Solution help?

Enhanced User Efficiency

Streamlined navigation and intuitive design reduce the time spent on training and familiarization by 20%.

Improved Approval Process

Reduction of the time spent in the approval process by 25% because of not using external means of communication.

Reduced no. of FTEs

Automated compensation process reduces the time and effort required by HR teams by at least 40%, potentially reducing the number of FTEs needed for these tasks.

Employee Retention

Enhanced communication and clearer compensation benefits increase employee satisfaction and lowers turnover costs, potentially saving the equivalent of 6 to 9 months’ salary per employee.

How can our Compensation Advisor Solution help?

Enhanced User Efficiency

Streamlined navigation and intuitive design reduce the time spent on training and familiarization by 20%.

Improved Approval Process

Reduction of the time spent in the approval process by 25% because of not using external means of communication.

Reduced no. of FTEs

Automated compensation process reduces the time and effort required by HR teams by at least 40%, potentially reducing the number of FTEs needed for these tasks.

Employee Retention

Enhanced communication and clearer compensation benefits increase employee satisfaction and lowers turnover costs, potentially saving the equivalent of 6 to 9 months’ salary per employee.

Key Features

Managerial Recommendations for Merit/Bonus Increase

Communication during Appraisal Cycles

Intuitive User Experience and Data Visualization

Configurable Total Rewards

Advanced Analytics

Key Features

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Cherrywork subscription model enables you to gain access to robust features, insightful analytics, and the flexibility to customize functionalities according to your organization’s distinct requirements.

Portfolio

Accelerator

Portfolio

Accelerators

Compensation Advisor

Empowering Smart & Intuitive Compensation Decisions

Business Impact

Decreased employee trust and morale

Disrupted workflow & prolonged approval timelines

Limited talent attraction and retention

High costs due to turnover

How can our Compensation Advisor Solution help?

How can our Compensation Advisor Solution help?