By Austin Kellner, Customer Success Engineer of SimplyMerit at MorganHR
Are your managers currently happy with how your organization manages and plans its compensation cycles? Leaders and managers may be unhappy if they are forced to use rigid compensation modules or have to track down spreadsheets to enter their recommendations. As a result, managers may give the same increases to all of their employees (known as spreading the peanut butter) or decide to not submit their recommendations for their team. These decisions can negatively impact the team’s morale and decrease employee productivity.
SimplyMerit is an industry-leading cloud-based compensation planning solution that provides managers with an intuitive interface that is easy to learn and use. SimplyMerit empowers leaders by helping them avoid wasting time when submitting recommendations for their teams. Also, learning new software can be time-consuming and intimidating, which can decrease user engagement. Built-in help and quick on-demand video tutorials can efficiently train managers on how to use SimplyMerit to further increase employee satisfaction by allowing them to submit their recommendations and get back to focusing on their daily tasks.
SimplyMerit allows managers to quickly reference their employees’ historical salaries and performance ratings so their recommendations are fair and based on data. Configurable alerts can notify managers if they are overspending, spreading the peanut butter, or providing merit increases outside of the recommended ranges to help managers comply with the organization’s policies and procedures. In addition, SimplyMerit automatically provides budget summaries that track spend for the managers’ span of control (segment of the organization that they are responsible for) and direct reports.
Having a cloud-based tool like SimplyMerit provides managers with the flexibility to securely make recommendations from anywhere, which enables them to be more productive. Recently, G2 recognized SimplyMerit for being “Easiest to Use” and having “Users Most Likely to Recommend.” If managers at your organization are unhappy and unengaged with the current process of managing your compensation cycles, now is an excellent time to set up a 1×1 demo with the SimplyMerit team.