“We launched a full HCM suite in 2019 including the provided Comp Module. The HCM’s Comp Module was not customizable enough to meet our needs so we transitioned to HR Soft in July 2021. Currently, we need to ‘re-implement’ prior to each compensation cycle and we would really rather be able to self-administer so we are looking for a new solution.”
– Comp Director
Meet our valued client, a medical devices and equipment manufacturing company out of California. Their Comp Team needs to replace their current software but wants a true partnership (not just another vendor) to come alongside them and develop solutions for their growing business.
Their Comp Team needs to replace their current software but wants a true partnership (not just another vendor) to come alongside them and develop solutions for their growing business.
What they really want out of their new comp planning software is:
- The ability to customize anything and everything, from merit increases to incentives and total compensation statements without being told they have to do it a certain way so it “fits” with their system.
- The ability to self administer annual cycles.
We initially met our client via preferred partner UKG Marketplace. We understood all of their unique needs and with a seamless integration with UKG Pro there was no need for a process overhaul.
We were able to shrink cycle time up to 75% while eliminating their administrative burden associated with managing merit increases, incentives and producing total compensation statements.
Our client has formulaic incentive drivers that change from year-to-year. With CompXL, their users get the advanced “cycle to cycle copy” functionality as well as a flexible no-code approach to updating the values and look up tables that drive incentive pay. CompXL is an Excel-compatible SaaS solution, allowing our client’s compensation professionals to effectively self-administer and even write and publish their own reports.
Now, their Comp Team is now able to focus on achieving strategic organizational goals and vision casting. And they have a dedicated CompXL Team that is committed to supporting them as they expand their talent pool.