CompensationXL is compensation planning software made easy. It is a compensation management software program that is not only flexible but also affordable.
The tool provides the compensation team with a configurable platform that can automate and improve your company’s current process without necessarily a overhauling the process. Its solution shrinks cycle time and removes the administrative burden that is associated with handling merit increases, managing short and long term incentives, and creating total compensation statements.
Its cycles are more accurate, faster and user-friendly. It offers constant visibility and need minimal training for you to use it. CompensationXL’s low cost make it a very good stress-alleviating solution.
With CompensationXL, your company’s managers will be capable of streamlining the merit planning as well as variable compensation processes, tracking progress on your review cycles, and finally finishing the yearly compensation planning process in just weeks instead of the usual months.
It is a top compensation planning software program for bonus allocation, merit pay, equity awards, pay for performance, and total compensation statements. It delivers the flexibility and power of Excel with the workflow and convenience of the cloud.
CompensationXL can help you and your company in various ways:
Position of CompensationXL in our main categories:
CompensationXL is one of the 500
If you are interested in CompensationXL it may also be sensible to investigate other subcategories of Best HR Software listed in our database of SaaS software reviews.
Every business has its own characteristics, and might call for a specific HR Software solution that will be designed for their business size, type of customers and employees and even particular industry they support. We advise you don't count on getting a perfect app that will work for each company regardless of their background is. It may be a good idea to read a few CompensationXL reviews first and even then you should remember what the service is supposed to do for your business and your workers. Do you need an easy and intuitive app with only essential features? Will you really make use of the advanced functionalities required by pros and large enterprises? Are there any specific tools that are especially useful for the industry you work in? If you ask yourself these questions it will be much easier to locate a solid software that will match your budget.
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We realize that when you make a decision to buy HR Software it’s important not only to see how experts evaluate it in their reviews, but also to find out if the real people and companies that buy it are actually satisfied with the product. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and CompensationXL reviews across a wide range of social media sites. The data is then presented in an easy to digest form showing how many people had positive and negative experience with CompensationXL. With that information at hand you should be equipped to make an informed buying decision that you won’t regret.
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11 months ago
Pros: The software is intuitive and flexible and it is easy to make changes and adjustments. It was easy to implement the system. The reporting analytics are excellent. The customer support is prompt and resolves our issues quickly.
Cons: The only drawback is it is a bit difficult to update employee demographics.
10 months ago
Pros: CXL is a flexible system that can be adapted to our company’s changing needs. It offers automated approval management which helps us to manage our team better.
Cons: The site is well organized, but the home page could be less cluttered, so that users can easily know what to access and where to go.
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