Driving a Pay-for-Performance Organization

Cornerstone CompensationT
ONBOARDING LEARNING SOCIAL NETWORKING COMPLIANCE PERFORMANCE COMPENSATION SUCCESSION ANALYTICS
Driving a Pay-for-Performance OrganizationCornerstone CompensationT is one of the critical pieces of Cornerstone OnDemand's integrated talent management suite. Cornerstone CompensationT ties together employee learning, performance, and compensation to allow for the Challenges growth of a true pay-for-performance culture. With .Inability to connect employee behaviors Cornerstone, organizations link these key elements to culti-and performance to compensation vate a dynamic total compensation management process that .Dif?culty implementing total compensation approaches accounts for actual employee performance and contribution..Multiple, disconnected systems or processes for compensation management Strategic Compensation Management.Lack of access to timely and complete With increasingly tough competition for skilled labor, it is imperative for organizations compensation reporting to manage their existing employees more effectively and, often, to do more with less. .Compliance with Sarbanes-Oxley provisions around executive compensation planning When employee performance and compensation can be linked, the organization begins to operate as a meritocracy - rewarding high performers who routinely demonstrate competence and consistently contribute to the success of the organization.Benefits Cornerstone Compensation provides the tools to allow organizations to reward the .Increase visibility into rewards and performance behaviors and outcomes they desire most. A pay-for-performance culture promotes .Boost employee performance ongoing goal achievement, competencies strategically mapped to roles, and high levels of retention..Drive higher retention through meaningful rewards Linking compensation to performance and contribution is no longer only for quota-.Shorten compensation cycles carrying sales staff and executive leadership. With Cornerstone Compensation, base salary and incentive rewards can be managed on the basis of actual performance for .Tightly link with all Cornerstone talent job roles across the board.platforms (learning, compliance, performance, succession, and analytics) Get Measurable, Immediate Results.Simplify processes and reduce paperwork.Access online and on-demand through Align Rewards Connect base, bonus, and equity to actual employee contribution Software-as-a-Service (SaaS) and goal achievement. Link Immediately All relevant performance information is at your ?ngertips when to PerformanceKey Features making compensation decisions..Compensation and salary plan management Simplify Pay Making Adjustments is straightforward and saves time, whether for .Short- and long-term incentive programs Scale Changes lump sum or merit increases..Pay adjustments based on performance Report on Pay-for- Generate graphical reports to determine the state of the factors Performance pay-for-performance organization..Views into status of merit planning cycle.Flexible roll-ups for planned salary increases Part of a Complete Talent Management Suite.Compensation-ratios calculations Cornerstone Compensation is an important part of Cornerstone OnDemand's fully integrated .Speci?c approval work?ows with automated platform for learning, social networking, compliance, performance, compensation, and noti?cations succession planning. Deploy only the speci?c set of features to meet the particular needs of your organization..Reports and executive dashboards
© Cornerstone OnDemand, Inc. All Rights Reserved. ?www.CornerstoneOnDemand.com ? +1(888) 365-CSOD COMPENSATION Cornerstone CompensationTONBOARDING LEARNING SOCIAL NETWORKING COMPLIANCE PERFORMANCE COMPENSATION SUCCESSION ANALYTICS
Total Compensation Management
Cornerstone Compensation is a comprehensive compensation management platform that streamlines the process of administering highly tailored salary and incentive plans.
Compensation and Salary Planning
Cornerstone Compensation manages all types of compensation programs including salary, merit increases, market adjustments, lump sum payments, and other discretionary pay components.
. Highly ?exible, role-based administration matches widely varied work?ows. Various budgets, bases, and adjustment guidelines by pay grade, job role, cost center, divisi... [download for more]