Lawson Compensation Management
Pay-for-performance while maintaining pay levels that current, prospective, and contingent employees expect
Lawson Compensation Management assists with incentive compensation challenges, allowing you to pay for performance by linking pay to individual benchmarks, organizational objectives, and performance.
The incentive compensation application also 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.
Lawson Compensation Management 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
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