MERIT

Your Planning Software for Compensation Management

MERIT offers a comprehensive and adaptable module for merit planning and total compensation management, designed to seamlessly integrate with your existing payroll or core HR systems. Our solution, encompassing talent management software, salary planning software, and direct compensation strategies, simplifies the process by removing the need for manual tasks such as copying, pasting, emailing, and scrutinizing workbooks.

Schedule a demo

Schedule a Demo

Manager Discretion in Sales Compensation Structure

MERIT's online or offline workbook delivers a secure and straightforward method for managers to swiftly obtain essential information, like multiple years of salary history, aiding in well-informed decision-making. Our compensation planning software prioritizes accountability, ensuring each data input is verified, formulas are hidden, and all modifications are traceable. MERIT's robust self-service features for managers enable your organization to delegate compensation analysis, incentive compensation, and merit planning to even the lowest-level managers, without adding to its administrative workload.

Multi-Currency & Global Compensation Analysis

High-end HR software solutions often face challenges in handling multi-currency setups. In global compensation planning, it's vital for managers to review data and propose recommendations in the local currency of the employee. However, HR and finance teams require the ability to oversee the overarching budget in a unified budget currency. MERIT successfully meets these needs, ensuring data security compliance with standards like GDPR and CCPA, and facilitates effective LTI compensation and salary disclosure processes.

Schedule a Demo

Automated Workflow for Compensation Software Solutions

MERIT simplifies the process of importing your reports-to-structure from various sources, be it payroll, HR, ERP, HCM, multiple sources, or a Data Warehouse. However, the process of merit approval often deviates from the standard organizational structure. MERIT accommodates this by enabling customized management of your approval pathways. Whether dealing with exceptions, regional differences in level traversal, or round trips, MERIT's workflow adapts to your specific operational style, offering streamlined solutions for short-term incentive and salary plan communication.

Administrative Control in Compensation Planning

Unexpected occurrences such as workforce reductions, large-scale recruitment, mergers, acquisitions, and organizational restructuring present distinct challenges in compensation planning. MERIT's comprehensive admin module, part of our holistic compensation software solutions, enables foundation data to be completely reloaded, partially updated, or restructured using a What-You-See-Is-What-You-Get (WYSIWYG) interface. This ensures that your compensation team remains in control, even during periods of swift change, efficiently managing benefit packages for employees and overall compensation strategy.