Compensation PDF Print

StarTracka offers Reward solutions for direct compensation, short and long term incentives, adhoc bonus, and a range of non financial benefits.

Compensation

StarTracka lets you choose how closely performance is aligned to pay, and how much discretion individual managers will have in the review process. Annual base salary reviews can incorporate customised rules for allocation of budget based on performance, business unit targets, promotions, and growth targets. Other forms of financial compensation can be incorporated into a single review or conducted as a separate process, such as bonus plans, options or shares, and ex gratia payments. You can manage compensation based on local or common currencies, and you can view and allocate based on base components, cash components, total reward or any mix in between.

Key StarTracka Features

  • Manage all elements of compensation and reward
  • Allocate allowances and other benefits
  • Extensive business logic enforces your rules, warnings and alerts
  • Customised workflow and approval delegation
  • Powerful validation, calibration and scaling tools
  • Integrated compensation statements and notifications