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CompensationMaster

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Software Status:Active

About CompensationMaster

CompensationMaster is a compensation management software from CM Global Partners that facilitates the administration of employee compensation. It provides features such as compensation planning, analytics, and reporting to help organizations maintain equitable pay structures. This software allows HR teams to effectively manage salary data and visualize compensation trends across the organization. Users can make data-driven decisions regarding compensation changes and budget allocations, ensuring compliance and fairness in pay practices. Key capabilities: compensation planning data analytics customizable reporting salary benchmarking compliance tracking Best for: HR professionals that need to manage employee compensation efficiently.

CompensationMaster Details

Vendor
CM Global Partners
Year Launched
1985
Location
10801 Johnston Road, Suite 208, Charlotte, NC 28226, US
Deployment
cloud
Training Options
documentation
Countries Served
All Countries
Languages
CompensationMaster in category Compensation Management by CompensationMaster - Oracle is available in English, Spanish, French, German, Portuguese, Japanese, Chinese, Italian.
Users
HR Managers, Compensation Analysts, Finance Managers, Payroll Administrators, IT Administrators
Industries Served
Healthcare, Education, Finance, Retail
Tags
Compensation Management, CompensationMaster

CompensationMaster's In-App Market Place

Does CompensationMaster have an in-app market place?

Yes

How many Mini-Apps in the marketplace?

1

Mini Apps

N/A

Pricing Options

Free trial
Free version
Request a quote
Promo Offer

Accepted Payment Currencies

USD ($), EUR (€), GBP (£), JPY (¥), AUD (A$), CAD (C$), CNY (¥), KRW (₩), INR (₹), RUB (₽), BRL (R$), MXN (Mex$)

Pros & Cons

  • The software facilitates better recruitment and retention by allowing for easy comparison and presentation of compensation plans.
  • The ability to design multiple compensation plan styles allows companies to tailor their programs to their specific needs and goals.
  • The software's speed in processing compensation calculations.
  • It helps align compensation plans with overall business objectives.
  • The system has the ability to handle large global sales forces.
  • CompensationMaster™ may require significant time and resources, especially for large organizations.
  • Depending on the specific needs of the organization, the cost of the software and its implementation could be a factor.
  • Users may require training to fully utilize the software's features and capabilities.
  • The accuracy of the software's output is dependent on the accuracy of the input data.

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