Compensation Management Software

Simplify the Complex

We understand the importance of compensation plans and their uniqueness to every organization. Our comprehensive compensation management platform centralizes what was once a drain on resources, time, and efforts that lead to disjointed processes. Let us automate your compensation management processes through a system that connects compensation to organizational strategy and performance. Focus on what matters to you, improving the performance and functionality of your organization.

Improve Compensation Processes from the Ground Up

Systemized and intelligent approaches that connect performance to compensation at each decision point will ensure strategic alignment throughout your organization. Lead your managers through a journey of compensation planning that can focus on root cause and effect issues that can be linked to overarching themes, giving them renewed perspectives and insights.

End-to-End Management of All Compensation

Flexible framework and dedicated modules allows for the management of all types of compensation, from salary, bonus, incentives and equity to OKRs and specialized programs like carried interest. This complete perspective is capable of providing snapshots and extensive details, so you have information on demand and as needed to effectively plan pay structures, comp cycles, and ensure that your spending is going to the right place.

Configured for Flexibility and Efficiency

A combination of a flexible framework, modular approach and compensation from experienced client partners enable the system to be tailored to your needs with the ability to shift, grow, and change with you as you evolve. Scalability is a crucial feature in the emerging compensation management software of today. Our system not only supports your team’s needs now but can easily do so as your organization expands, strategically and dynamically, through mergers and acquisitions or otherwise.

products Modules

Budget Planning

A comprehensive budgeting tool designed to provide top-down visibility into pool allocation. Plan against past and current data to ensure compensation is linked to strategic goals and performance. Move past outdated structures that hinder your ability to plan with accuracy and proper data with compensation management software that supports your needs every step of the way.

Salary Management

Keep your organization competitive in all markets and roles with the CompTrak Salary Management solution. Provide your team with the right tools to attract, reward and retain top talent. Lead your managers through the journey of salary and focal reviews. Compare and contrast across positions and roles to uncover what it is your current and potential employees are expecting to see on their pay stubs, and how you can move beyond that number to a more cohesive and gratifying workplace.

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Promotions Management

Take advantage of the configurable workflows and manage your promotions process from nomination and approval to employee communication. Retain a steady stream of opportunities and stay on top of details that matter most when considering promotions. Track the progression of employees through your organization to ensure your career path and succession planning strategy is covered.

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Bonus Management

Manage the allocation, calculation, and processing of multiple types of incentive and bonus plans. Reward your people for great individual and team performances. Remove barriers caused by endless spreadsheets that fail to pinpoint the data you need to know to deliver a bonus plan that is suitable and deserving.

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Performance Management

Performance management keeps employees aligned with corporate, team, and individual objectives ensuring staff are recognized and remunerated for great performance. As your company attempts to better align processes with strategic goals, you can align your compensation management with a platform that goes beyond corporate results and gets to the heart of a team’s performance. This might include OKRs, MBO, or scorecards.

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Commissions and Billable

Utilize end-to-end management of complex revenue-driven and hourly employee plans. Bring together all aspects of compensation into one platform for a solution that saves guesswork and the risk of pitfalls by supporting all organizational units of your company, allowing for easy access to the details and the support your team needs outside of traditional compensation processes.

Long-Term Incentives

The platform enables the management of LTI across multiple years, instruments, risk profiles, and plan types. Our compensation management software can handle all types of equity and deferral programs such as cash, shares, phantom stock and options. Reap the benefits of moving to a system that properly communicates the value of your LTI programs while also allowing you to gather insights from a total compensation perspective.

Advanced Analytics

Experience comprehensive reporting and dashboards tailored to all your key stakeholders from finance, executives and HR. Sift through considerable amounts of data with ease to find the specifics that will make all the difference. Take advantage of on-the-fly analysis and intelligent filtering for managers, as well as tracked clicks and reports that document up-to-date and need-to-know information.

Comp Conscience

CompTrak's Comp Conscience gives organizations the tools and data they need to actively acknowledge, measure and normalize compensation disparities at each pay action. Eliminate guesswork with compensation management software that provides insight into the Diversity Equity and Inclusion (DEI) of your organization's compensation programs. Leverage this tool across your divisions to better understand the complex structures at play and begin to structure to strategize accordingly.

What You Will Get

24/7 Support with Service Excellence

No matter where your organization is located, or when you need support, CompTrak is available to serve you. Our service extends beyond email to better understand and solve any issues you may have. Our support packages can be tailored to your needs, ensuring our help can be available when it is most convenient for you and ensuring you discover solutions rather than pitfalls regarding the implementation of our software.

Full Ecosystem Integration

Our all-in-one compensation management software is capable of fully integrating within your HR environment. It is compatible with various suites including Workday, SAP SuccessFactors, Oracle HCM, and UKG. As the solution to your processes, we aim to be fully compliant and functional with the existing platform you use. Our software can also work with the data sets you already have so you don’t need to start from scratch once our system is implemented.

A Single, Complete System for all comp

CompTrak has one objective — to simply and securely, manage and deliver your compensation. For us, that means having a single platform to deliver salary, bonus and long-term incentives, among other vital details, that can simplify tasks and mitigate risks. Our experts have worked hard to ensure that each of our modules is best of breed, so you never have to settle for anything that won’t deliver the results you are looking for, and then some.

Configured for the Present and designed for the Future

Our compensation management software platform is designed to suit the needs of your organization as it stands today. But as your company scales and grows, you’ll need a continued solution to ensure your bases are covered, and needs are met. We can help there too. We intend to work with you every step of the way so that your compensation processes can always be completed in a timely and detail-oriented manner.

Auditing & Compliance

The details of what makes any software optimal lie in automation, great user experience and stunning dashboards. However, from a logistic and company compliance perspective, without in-depth logging of vital information, clicks, and data, there is no chance your organization will pass a compliance audit. With CompTrak, we’ve made the details needed a standard feature, so you don’t have to worry about add-ons or missing the mark.

A Complete Opportunity for Digital HR transformation

Without a user-centred design, adding a compensation management system may be more detrimental to your company than its original process. Not to worry, as we are digitally aware of the needs of our users. As items become optimized for a mobile-first experience, we recognize the need to be ahead. With more than 95% of CompTrak statements viewed on mobile devices, we have made it part of our mission to bring mobility to the compensation landscape. Our system undergoes regular updates to ensure it can keep up with mobile accessibility for leaders and managers.

Partnering with compensation experts

Our software was built as a solution by compensation experts who understand the difficulties that can come with shifting through endless sheets and documents to complete work that could be streamlined. At the end of the day, compensation and enterprise software provide the backbone of our organization. The same people that created our platform remain a part of our team and will become a part of yours to ensure your success.

Global Reach and Expertise

CompTrak aims to extend its reach beyond the North American atmosphere to a global perspective that is capable of covering numerous bases, including regional governance, audit requirements, and multiple currencies and languages. Whether your organization already exists in a global capacity or is aiming to get there, we can support the various aspects you need to be successful on a local and international scale.

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Take the risk out of your comp cycle with a comprehensive cloud-based compensation management platform. We have removed barriers and included features to create full-scope software that can do it all. Our powerful operating system incorporates numerous touchpoints for ease of use, but also tools that can create opportunities within your organization for ideas, increased data, and intelligent reporting.