Halogen eCompensation™ gives managers their own compensation management portal and fingertip access to compensation history and performance data. It lets them allocate compensation and pay for performance program budgets with point and click simplicity.
Automated Workflow and Notification
- Get suggestions for pay increases based on a merit matrix.
- Automatically route all tasks and approvals that need to be completed for incentive and compensation adjustments to the right people at the right time.
- Keep things moving along and prompt those who have tasks that are past due with automated email reminders.
Support for Multiple Currencies
- View your overall budget in the currency of your choice.
- Easily toggle between seeing your employees' salary and adjustment data in their local currency or the currency of your choice.
Automated Checks and Balances
- Rest assured — the system automatically identifies and flags allocations that fall outside company guidelines.
- Flagged allocations show the proper guideline for both pay scale and budget, allowing for effortless redress.
- Helps managers adhere to merit budgets and guidelines.
Convenient Access to Essential Data
- View detailed information about each of your employees, including compa-ratios, past appraisals, goals, development plans, journal notes, and guidelines for pay adjustments — allowing you to truly pay for performance.
Unique, Instant, Intuitive Reports
- Have a summary of your budget distribution in plain view.
- Choose the currency used in your reports.
- See color-coded budget adjustments in real time for all departments you are responsible for — red lets you know if you're over budget. A unique Halogen feature!
- Instantly access several reports with drill-down capabilities.
- Access status reports that show where your group stands in the process.
- Consult compensation summaries for each employee, and compensation histories for handy reference.
Salary Compensation Fully Integrated with Performance Appraisals
- Use in tandem with Halogen eAppraisal™ to suggest compensation adjustments that automatically reflect performance appraisal ratings and corporate guidelines.
Extremely Flexible and Configurable Bonus Calculator
- Automatically calculate incentive or bonus payouts based on the achievement of any number of individual, team and company objectives.
