Compensation Management
Easily plan merit increases and bonuses. Track compensation history and manage recommendations through approval workflows.
Complete Compensation Tracking
Workbench tracks compensation history for all employees, allowing you to see how compensation has changed over time, manage recommendations during review cycles, and understand the components that make up each employee's total compensation.
Compensation History
Maintain a chronological record of all compensation changes with effective dates, change types, and detailed notes.
Recommendations
Managers create compensation recommendations during reviews that go through approval workflows before becoming part of compensation history.
Budget Guardrails
Built-in guardrails keep budgets on track. See real-time budget utilization and prevent overspending before it happens.
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Compensation history view showing timeline of changes, components breakdown, and current compensation
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Compensation recommendation interface showing proposed changes, budget impact, and approval status
How It Works
Compensation management is integrated throughout the review cycle process, from planning to approval to history tracking.
1. Plan During Reviews
Managers propose compensation changes during review cycles based on performance. Recommendations include base salary changes, bonuses, and other adjustments.
2. Approval Workflow
Recommendations flow through your configured approval workflow. Approvers can see budget impact and justification before approving.
3. Automatic History
Once approved, recommendations automatically become part of the employee's compensation history with the effective date and all relevant details.
Common Use Cases
Merit Increases
Plan and track annual merit increases with built-in budget controls and approval workflows.
Promotions
Manage promotion-related compensation changes with proper documentation and approval chains.
Bonuses & Adjustments
Track one-time bonuses, market adjustments, and other compensation changes with full history.
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Compensation components breakdown showing base salary, bonuses, and total compensation
Key Capabilities
Compensation Components
Break down total compensation into base salary, bonuses, and other components for complete visibility.
Budget Tracking
See real-time budget utilization as recommendations are made. Prevent overspending with built-in guardrails.
Historical Tracking
Maintain complete compensation history with effective dates, change types, and detailed notes for audit trails.
Approval Integration
Seamlessly integrate with approval workflows to ensure all compensation changes go through proper channels.
Related Features
Workflow Templates
Automated review and approval workflows that control review progression and keep things moving — no chasing required.
Review Cycles
Create and manage review cycles with workflow-based automation or manual control. Track progress, manage budgets, and see bottlenecks in real-time.
Org & Team Management
Mirror your reporting structure and keep approvals moving without email whiplash.
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