Streamlining the company’s variable pay process
Does your company have efficient tools for managing the complex variable pay process or are many steps managed manually? Manual work takes time and there is always a risk of mistakes due to human error.
Automating every step of the process
RewardSmarter’s Variable Pay Tool automates every stage of the process. The tool calculates financial / individual metrics, variable pay plan outcome and individual payout.
Tailored invitation and payout letters to participants can be produced based on current variable pay schemes and targets. It is easy to make forecasts throughout the year, calculate costs and export lists for approval.
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