Compensation Management
The process of planning, reviewing, approving, and communicating employee pay decisions.
FAQs
- What should compensation management software protect?
- It should protect sensitive pay data with permissions, approvals, audit trails, and controlled reporting.
Related Terms
Performance Management
The HR process for setting goals, reviewing performance, giving feedback, and supporting employee growth.
HR Compliance
The controls and processes used to manage HR obligations, records, policies, and risk signals.
HCM
Human capital management software that connects core HR, talent, workforce, payroll, and analytics workflows.
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