Why CompensationCloud

Our Difference

compensationcloud software

We make your workplace into a fair and compliant environment.

Most compensation planning solutions can streamline your process but our mission is to help you build a culture of trust and productivity.

Our Approach

At CompensationCloud we take a 360 degree approach to all of your compensation decisions.

These 10 factors should be weighed and considered when deciding an employee’s pay.

Our platform uses data and machine learning to consolidate all ten factors and allows you to easily calculate fair and rational plans

Our Process

We believe the compensation planning cycle should be seamless and straightforward.

compensation planning process

Define budget and comp plans that fit your company

Implement pay policies and set up custom alerts and reports

Reporting, compliance checks, and analytics help guide fair pay

Review reward statements and be compensated fairly

Once your review cycle is completed you can focus on making your people successful and driving towards business results. Throughout the year our platform will support you in setting up new hires, reviewing budgets, calculating raises, and balancing fair pay.

Results

When implementing Compensation Planning software you can expect to save money, time, and retain top talent.

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See 2% growth by retaining key employees and adhering to compliance

SHRM Research

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Reduce your compensation planning cycle by 65%

CedarCrestone Survey

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Save money by decreasing turnover. The average cost of losing an employee is ~10k to 2x their annual salary

Deloitte

See why CompensationCloud is the most innovative solution for today’s workforce

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