A proper compensation management solution should simplify the workload generated by the compensation administration process. And while this seems like a painfully obvious thing to say, it’s an important factor that should be kept in the forefront of one’s mind when looking for a compensation management solution to fit their organization’s unique needs. If you’re looking for something to simplify the compensation process, the last thing you need is to introduce more complexity into the equation. And finding a compensation management solution which is compatible with the computer systems used by your organization can be a complicated process indeed.
It used to be the case that if you wanted a compensation management solution it would have to be run in-house off of company machines. This produced a plethora of problems, as organizations would need to find software which could run on whichever computer systems they had, and whichever variables that included. Things like operating systems, processor speed and computer power in general left an unsatisfying choice for organizations looking for a compensation management solution. The choice was to either find something which could run on their systems, or find systems which could run the software they wanted.
Nowadays things are, thankfully, quite a bit different. With the advent of SaaS compensation management solutions and cloud computing, compatibility and computing power have become much less prominent variables in the search for an easier, better compensation administration process. For example, the question of whether or not a compensation management solution can run on your machine has become a non-issue thanks to the cloud. With a good SaaS compensation management solution the question now becomes “does this device have access to a web browser?” If the answer is yes, then you’re good to go.
Though this may add some anxiety when it comes to the security of your data, it’s another non-issue. Sure, since the compensation management solution isn’t run from company servers it may seem like it’s left more vulnerable than before. That’s why it’s important to ask vendors where their data is stored, what kind of encryption is used, and how robust the security of your data will be. A good developer of an SaaS compensation management solution will be able to construct a system that is not only easy to use but also secure and safe, giving you peace of mind. Again, since the goal is to decrease the stress and complexity brought on by the compensation administration process, you don’t want to add any more complications to the process.
Robust, simple and secure compensation management solutions with universal compatibility are no longer promises from some far-off future. In this case, the future is now. If the compensation management process is something which causes you and your HR department’s blood pressure to rise, it might be time to peek in at the forward strides made in compensation management solutions.