From Legacy Systems to SaaS – Compensation Management in the Cloud

As SaaS (software as a service) and cloud technology become more commonplace in Compensation Management, it’s important for companies to understand how the cloud can bring security, transparency and increased focus to their organization. With an increasing trend towards a remote workforce, the importance of the cloud and SaaS Compensation Management will continue to grow over time.   Pros of …

Engaging Employees with Digital Platforms

Although most people go to work in order to earn money, they can be surprisingly passive when it comes to performance-based compensation. Of course, the companies they work for are partially to blame for this. Unless objectives and progress are visible and transparent, the journey toward betterment can be vague for all the parties involved. Fortunately, digital platforms are here …

CompTrak

Improving Employee Experience Through Digital Transformation

There’s no question about it: The digitization of the marketplace is in full swing. Those working in retail are bound to feel the sting most sharply, as digital platforms attempt to cannibalize their sales. Fortunately, it’s possible for companies to use certain technological advances to their advantage—and to the benefit of their employees. 88% of chief HR officers say they …

Total Reward Portal

Get Started with Total Rewards Statements

Perry Doody, CompTrak Co-Founder and the Compensation Guy. We have been fortunate to have delivered many different versions of online and mobile compensation statements. There are three key elements that are critical to a successful Total Rewards Statement: 1. The statement needs to be a personalized experience. There is nothing more personal than compensation. The employee should experience and feel …