Compensation Modeling Functions & Features
Major modules below include HR "budgeting" for overall and departmental headcount and salaries;Manages bonuses;Manages gainsharing;Manages incentive wage systems;Uses dollars as a performance measure rule to manage compensation;Uses units as a performance measure rule to manage compensation;.. Compensation Modeling Functions & Features are an important module of the comprehensive HCM RFP Template.
The HCM RFP template with Compensation Modeling Functions & Features for HCM is a Microsoft Excel spreadsheet (.xlsx) featuring a total of 1430 decision criteria. The HCM RFP template allows you to quickly and easily prepare the business, functional, and technical requirements sections of the solicitation package you'll send to HCM software vendors. It ensures for:
- complete response from each HCM software vendor
- deep and accurate evaluation of submitted HCM proposals
- impartial side-by-side comparison of HCM solutions evaluated
- rational and documented selection of the best matching HCM system