SimplyMerit Insights provides “Board-ready” analysis of your compensation environment. We combine your data that you have in SimplyMerit with the experience of our tenured MorganHR consultants. The result is a comprehensive compensation analysis that identifies biases, disparities, trends, outliers, and opportunities to help you deliver excellence to your organization.
MorganHR is unique in the industry in that we are both a Compensation Consulting firm and a Compensation Software company. While other software companies provide you with a few canned reports, SimplyMerit Insights provides you with deep, rich analysis born from our commitment to compensation excellence.
How does this work? At the end of your merit and/or bonus cycle using SimplyMerit, MorganHR will run your compensation data through our analysis engine that we’ve honed over 15 years of client engagements. The results will be analyzed by our consultants, and a “Board-ready” report will be generated for you.
What types of analyses do we perform?
- Biases and disparities
- Gender-based pay differential
- High Potential employees (HIPOs)
- Employees at-risk
- Market pay analysis
- Budget allocation analysis
Merit Cycle Outliers
- Managers who “spread the peanut butter”
- Managers who have overspent or underspent their budget
- Managers who are giving a promotion but not a merit increase
- Managers who are giving a lump sum distribution even though employee is within market
- Employees below market
- Employees above market
- Increases outside recommended range based on performance rating score
- Employees not receiving an increase