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Comprehensive Compensation Management Software

Compensation is a crucial factor in motivating employees. With isolved Compensation Management, you can oversee the entire process within our intelligently connected HCM platform.
 
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Screenshot - isolved Compensation Analytics Dashboard

Dig a little, gain a lot.

We Will Help You Master the Intricacies of Employee Compensation Management

Explore the capabilities of isolved Compensation Analytics - the ultimate HR tool for seamlessly managing your compensation strategy.

With our platform, you can unlock invaluable insights into industry benchmarks and effortlessly model decision outcomes based on access to data from over 6 million anonymized employee records across thousands of organizations.

Dive deep into role-specific merit increases, bonuses, and other crucial factors to make data-driven decisions that attract, engage, and retain top talent.

When you enable our compensation analytics add-on in your isolved HCM instance, you'll experience the difference of precision and effectiveness in your compensation management efforts that help you give your employees the experience they deserve.

70%
of employees say they would be more likely to accept a job offer with a strong benefits package. 

- Willis Towers Watson 2023 Benefits Survey

20%
higher employee retention rates have been seen at companies that boast the strongest total rewards programs (salary + benefits).

- WorldatWork, 2022 Compensation & Benefits Trends Survey

74%
of employees would consider leaving their jobs for a 10% increase in salary.

- SHRM, 2023 Salary Survey

Elevate your compensation process.

Compensation Management Software Powered by PNI•HCM

Our comprehensive solution allows seamless planning, management, and execution of all compensation aspects, fostering employee motivation, engagement, performance, and retention. 

Enhance operational efficiency and boost your bottom line. Book a demo today. →

isolved Compensation Management Software

Improve Employee Engagement, Leverage Data & Automate Complex Tasks

Improve Engagement

Improve Engagement & Productivity

Boost engagement and encourage productivity with competitive compensation packages that make your employees feel like the MVPs they are!

Leverage Data

Leverage Employee Data & Insights

Dive into the metrics that matter and unleash strategic pay plans that energize your workforce. Design fair rewards, ignite motivation, and watch your company become a magnet for top talent.

Automate Tasks

Automate Complex Compensation Tasks

Benefit from timely workflows, notifications, and reminders that help you reduce errors, save time, and streamline your processes.

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Payroll, HR & HCM Consumer Awards that Speak Volumes

Frequently Asked Questions

Can isolved Compensation Management help make our compensation packages more competitive?

Yes, it leverages isolved Predictive People Analytics and Benchmark Insights to provide industry data from over 168,000 organizations, ensuring you offer competitive packages by analyzing merit increases, bonuses, and more with access to real-world data​​.

Can compensation management software assist in making informed decisions regarding raises and bonuses?

Yes, isolved Compensation Management allows for detailed analysis of average base salary, compa-ratio, total salary by groups, etc., providing the necessary insights to make informed decisions about raises, bonuses, and other compensation changes​​.

Can compensation management help with retaining top talent and reducing turnover?

Yes, by enabling HR leaders to become more data-driven and strategic, isolved Compensation Management helps identify and retain top performers through competitive compensation strategies, including promotions and succession planning​​.

Can isolved Compensation Management integrate with payroll?

Yes, any compensation changes approved within the platform can flow directly to isolved payroll, ensuring seamless integration and implementation of compensation adjustments​​.

How can isolved Compensation Management address the lack of transparency and outdated thinking around compensation in my company?

isolved Compensation Management provides a comprehensive solution to plan, manage, and execute all aspects of your compensation strategy, helping to drive employee motivation, engagement, and retention. It enables more informed, equitable compensation decisions using meaningful data, thereby addressing transparency and modernizing your approach​​.

Ready to manage your entire compensation process with our intelligently connected platform?

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