Workstream Compensation Professional

The Only Unified Compensation Planning Solution for Mid-size Businesses

Compensation represents the largest expense – often up to 60% – for most businesses and is the most strategic component of any compensation plan for maximizing the return on your compensation dollar. Workstream’s Compensation Professional gives mid-size businesses an affordable, flexible solution to streamline the compensation planning process and improve the quality of manager compensation decisions.

Why Choose Compensation Professional?

The Only Unified Compensation Planning Solution Available

Unlike Salary.com and SuccessFactors, which provide only simple spreadsheet-like solutions for compensation planning, Workstream provides a true, robust compensation planning solution that addresses all salary, stock and variable planning requirements including:

• Highly configurable award payout capability that allows calculation based on multiple factors and with pay-rate conversions (e.g. hourly, monthly, annual)
• Ability to handle complete compensation budgets with support for multiple methods of budget calculation and allocation.

Maintain Compliance and Transparency

Compliance with rigorous government regulations is often burdensome and complex to most mid-size businesses. Workstream Compensation Professional delivers enterprise-wide transparency as well as an auditable trail for all parts of compensation, including stock options, to meet stringent regulations such as Sarbanes-Oxley, EEOC, etc.

Improve the Quality of Your Compensation Decisions

Compensation Professional’s active "advisor" and alerts capability provide line of business (LOB) managers the information they need to make more effective compensation decisions. Alert messages and advice screens are specifically tailored to help the manager resolve any issue immediately while remaining within the corporate goals.

Powerful Analytics & Reporting Tools

Both LOB planning and compensation managers have access to powerful analytics that show real-time actual-to-plan reporting in both a graphical and tabular format. In addition, Workstream Compensation Professional includes a complete set of customizable reports to support the planning process. These reports show budget information, compensation statements, demographics, employee-level information, compliance, and more.

Proven Solution with Results!

Workstream’s Compensation solution is in use at leading companies with measurable financial and statistical results.

Compensation Feature	Workstream	Salary.com	SuccessFactors
Total Compensation Planning (Salary, Stock, & Variable Pay)
Salary planning
Variable pay planning
Stock planning & tracking
Manage pay rate conversions
Compensation budget calculations & management
Dynamic alerts & advice
Dynamic online graphs
Roll-up planning for executives
Configurable compensation hierarchy
Search capability
Reporting
Basic reporting
Employee reporting
Demographic reporting
Compensation statements
Compliance reporting
Budget reporting