The key objective of Cash Compensation Management in organizations is to ensure that employees are paid according to the established plans, taking into consideration the market value of a job, as well as internal worth and productivity.
PeopleNet enables the design and implementation of compensation plans aligned to the corporate strategy and budget.
Benefits:
Companies are increasingly in favour of flexible benefits because it encourages employee loyalty and helps improve the competitiveness of the companies. Flexible benefits are considered a management and motivational tool and a means of supporting the business by reinforcing the link between the company and the employee.
PeopleNet allows the employee via the Employee Self-Service portal to do a simulation, by selecting the benefits the organization offers, to view the tax advantages that each one of these benefits entail in their benefits package.