If you’re looking into a compensation management solution to simplify your organization’s compensation process, there are a number of things you need to keep in mind. The compensation solution needs to be robust enough to easily handle whatever data you need to throw at it. It needs to be secure, keeping sensitive information safe and out of reach of prying eyes. But perhaps most importantly, it needs to be simple.
This may seem somewhat contradictory. How can something be simple, yet powerful enough to accommodate your organization’s unique needs and structure? The compensation management solution itself should be powerful, yes, but its simplicity should be in the end users’ experience. Ideally, it should allow users to log in, complete the necessary tasks to facilitate the compensation process, and get back to their jobs.
Think of it this way: if you’re looking to invest in a compensation management solution, your organization’s compensation process has become unwieldy enough that it’s already a pain to complete. The last thing you want to do is add more headaches into the process by introducing confusing, unintuitive software to your employees who are already stretched to the limit trying to complete the compensation process.
Furthermore, one of the main goals of a compensation management solution is to save time. A compensation management system can help you do that, but not if it requires intensive training in order to get your employees up to speed on how to use it. The compensation management process is already taking weeks of your organization’s time – time you don’t have to spend on weeks of training to teach your employees how to use a cumbersome and confusing system.
SaaS compensation systems can be both powerful and simple. A good compensation solution can be accessed securely through a web browser (allowing users to access it through the device of their choosing) and intuitive enough to allow users to know what they need to do once they’re inside. And training your employees on how to use the compensation management system doesn’t need to take weeks, or even days. Often they can be trained on its use in a matter of a couple days, if not hours. That way, users can get into the system and start using it effectively in a very short period of time. And your organization can start reaping the benefits of a compensation management solution immediately.
Simplicity and power are not mutually exclusive, as it turns out. You can have a system sophisticated enough to support your organization’s compensation data and structure, while still being user-friendly enough to make the entire process of setting up and using the system quick and easy. The compensation process is already complicated enough, which is why you call on the compensation management system to do all the heavy lifting for you. That way, you no longer need to stress about the compensation process and can keep focused on day to day operations, keeping your organization running smoothly.