SimplyMerit is an HR Compensation Management solution that engages leaders and empower managers to optimize their merit budgets and annual bonus pools.
We can have you LIVE IN FIVE days or less with a tried-and-true, mobile-ready application that your managers will love! Think of it… no more errors, no more headaches of managing hundreds of spreadsheets, no more security worries!
SimplyMerit is cloud-based, so we manage the entire environment for you. It’s real-time, so your managers and leaders know exactly what is happening as it’s happening. SimplyMerit handles the currency conversions, applies the automatic prorations as configured by you, manages the approval workflow, and even generates and distributes your adjustment letters.
Explore why SimplyMerit fits so well with companies of all sizes.
The simple and intuitive interface provides for a natural and deliberate workflow for merit pay adjustment requests and approvals. Our thoughtful design guides managers through the process every step of the way virtually eliminating the need for training.
Numerous guidelines and compensation management recommendations established by HR in the configuration phase are readily available to managers throughout the application.
HR and senior leadership can monitor and collaborate with managers every step of the way using the powerful workflow and collaboration engine.
Requested compensation adjustments are visible all the way up the management hierarchy; approvals, adjustments, and rejections are always communicated to the impacted manager; special exception requests remain visible throughout the system.
Every update is tracked in our system to ensure maximum auditability. Our security controls ensure that managers are only able to interact with their data and no one else’s.
Extensive configuration options allow HR to provide guidance to managers directly within the tool itself. These include base pay adjustments based on performance rating and position in range, overall average merit percentage, country-adjusted merit percentage, impact to budget, and many more.
SimplyMerit integrates with industry-leading Business Intelligence solutions to provide deep, rich analytics and custom reporting capabilities.
HR can utilize SimplyMerit to model the holistic impact of compensation adjustments during the planning phase. This aids in setting realistic and complete budget numbers, which are then tracked in real-time throughout the compensation management process in SimplyMerit.