Compensation Management
Plan and Pay for Performance
Lawson Compensation Management assists with incentive compensation challenges, allowing you to pay for performance and work to individual benchmarks and organizational objectives, as well as performance. The software delivers budgeting and analytical tools that help to forecast and measure the effectiveness of your compensation programs. You may use the application to support variable, complex salary structures with the criteria you identify as critical to achieving key corporate objectives.
The solution can ultimately help your organization:
- Manage salary structures and step-and-grade progressions to ensure pay equity in the workforce based on current market information.
- Award merit increases by assessing performance scores and progress toward goals and objectives, and by determining commensurate variable or incentive-based compensation.
- Perform comprehensive incentive compensation administration, including pay-plan definition, rules automation, eligibility determination and automated-payout functionality.
- Forecast and measure the effectiveness of your compensation program.