Compensation Management Software with Salary Planning | Cornerstone IN
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Cornerstone Compensation

Link pay to performance & drive results with Compensation Management

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Streamline Compensation Planning and Incentive Management

To be successful in today's economy, it is crucial to maximize the effectiveness of your compensation plan. Cornerstone provides the tools that allow organisations to establish compensation processes and guidelines that lead to better business execution and results.

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Compensation Planning

Manage a wide range of compensation programs including salary, merit increases, market adjustments, lump sum payments, and other discretionary pay components. Budget salaries with compensation planning software across the whole company in one easy to use tool.

Incentive Compensation Planning

Develop and implement incentive compensation strategies for the distribution of bonus and equity with tools that improve accuracy, boost consistency, and ensure compliance.

Easily View Compensation Plan

Create organization-branded compensation statements that provide employees with information on the total value of their compensation plan in one comprehensive view.

Salary Budgeting & Reporting

Increase transparency and visibility for managers with reports and dashboards that show approval workflows, salary managment, and analytics tools that allow for the creation of sophisticated custom reports.

  • Compensation Planning
  • Incentive Compensation Planning
  • Easily View Compensation Plan
  • Salary Budgeting & Reporting
Automatically adjust increases, manage variable pay, and accurately appraise specific job roles based on integrated salary data.
Create bonus scenarios and receive recommendations to optimize bonus awards.
Create custom compensation statements that include awards and custom bonus types.
Create custom reports for accurate compensation reporting across the organisation.

Benefits of Cornerstone Compensation Software

Comprehensive compensation software that optimize budgets, improve compliance, reduce manual processes, and reward employees with pay for performance software.

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Compensation Analysis for Salary Decisions

Gain greater visibility and insight into rewards and performance to conduct a total compensation analysis. With critical employee performance and market data, managers have the ability to make more informed decisions about the allocation of base pay, bonus, and equity awards.

Enable Pay for Performance Culture

Build pay for performance compensaiton plans that directly link compensation to employee performance. Rewarding employees for hard work drives retention and promotes accountability and productivity. Effectively allocate compensation budgets to retain top performers and avoid overpaying underperformers.

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Streamline Compensation Planning

Run comprehensive, secure and accurate compensation plans simply and effectively. Automating compensation planning eliminates manual processes, reduces paperwork, and shortens compensation cycles – saving time and administrative costs.

Unify Compensation Strategy & Talent Data

Combine organizational data, performance data, and compensation strategies to bridge the gap between employee performance and compensation. With these insights, managers have clear guidelines for making compensation plans, ensuring compliance and fairness.

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