___ Investors Customer Service Sign In HCM Software Who We Serve Partners Resource Center Company Talk to Sales Take a Guided Tour HCM Software>Compensation Planning Compensation Planning Automate Your Compensation Strategy Seamlessly plan and execute pay increases, bonuses and rewards across your organization. Speak to a representative today, call 888-412-5417. Request a Consultation Take Online Tour The Most Flexible Compensation Solution Get out of the weeds of admin and recordkeeping — once and for all — with Paycor’s compensation solution. When HR leaders automate compensation events in one system, it takes the complexity out of compensation planning. As a result, you can focus on building effective compensation programs that help drive recruiting and retention, eliminating workforce challenges like high turnover and missing out on top talent. Streamline Compensation Events Compensation Planning allows you to automate events and collaborate directly with managers to eliminate the hassle of rewarding employees. Eliminate Manual Work With a fully unified compensation tool, you can manage and execute compensation events, removing manual entry and reducing errors. Protect Your Organization By providing you tools to see pay across different attributes, you can better analyze data to ensure fair pay practices. Trusted Employee Compensation Solution (4.4/5) (4.35/5) (4.1/5) This Is the Key to Effective Compensation Planning Paycor Compensation Planning empowers HR Leaders and their managers by removing the heavy burden of administering, tracking and executing compensation events. With a single source of truth to manage compensation, you’ll never have to rely on spreadsheets or enter data in multiple places. And because compensation is essential to retain and attract talent, we’ve added automated workflows and guided support tools to help you make more informed decisions about your pay practices while ensuring that salaries, bonuses and employee rewards are equitable and competitive. Workflows + Notifications Mitigate Risk Competitive Advantage Bulk Updates Workflows + Notifications — Automated workflows and notifications via mobile or desktop allow you to execute your compensation plans anywhere, anytime. Build Strategic Compensation Programs See how Paycor automates compensation management so leaders can focus on developing compensation strategies to attract new talent and reward employees. Take a Guided Tour Take Planning to the Next Level When it comes to managing compensation, there’s no one-size-fits-all strategy. With so many types of awards and pay options to recruit and reward employees, HR leaders need a solution that offers customization and flexibility. Complete Customization Powerful Insights Full Visibility Complete Customization — Create rules by department, hire date or employee, assigning future dates to reward your people. Drive Increased Employee Retention by Utilizing Compensation Planning View our on-demand webinar to see how you can create a compensation strategy that can reduce turnover. . Access Webinar (5/5) “The single greatest benefit I’ve experienced with Paycor is the time savings. The solutions are extremely easy to navigate.” Tiffany K., Manager, Seaway Plastics (5/5) “The transition to Paycor was smooth. Employees can download one app to clock in, review paystubs and request time off.” Carrie D., Director of Finance, Christ Community Lutheran School Resources Pay and Compensation play a critical role in employee retention and recruitment. Watch our on-demand webinar that covers the topic. View All Resources On-Demand Webinar How to Drive Retention with Compensation Planning We will demonstrate how to get HR Leaders out of the weeds of admin and recordkeeping and providing managers with tools to make more informed decision about pay practices. Watch On-Demand Article Read Time: 5 min How to Ensure Your Compensation Management Program Is on Target Compensation packages impact morale, recruiting and compliance. See the 5 benefits of having a compensation management program in place. Read Now Article Read Time: 4 min How HR Software Can Boost Your Compensation Strategy If organizations don’t have a strong compensation strategy in place, they’ll lose the ability to motivate employees. See how HR software helps fight the battle! 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