Logo
Sign in
Product Logo
Smart CompensationVisier

Visier Smart Compensation is an advanced SaaS solution that combines analytics and automation to streamline compensation planning and decision-making processes.

Vendor

Vendor

Visier

Company Website

Company Website

Product details

Visier Smart Compensation is a next-generation compensation planning solution that automates workflows, empowers managers with data-driven insights, and promotes unbiased pay decisions. It integrates people analytics to optimize merit pay decisions while simplifying the manager experience and supporting fair and equitable compensation practices.

Key Features

Automated Compensation Workflows Streamlines the compensation planning process

  • Encodes pay philosophy into each merit cycle
  • Connects compensation strategy with execution

Data-Driven Decision Support Empowers managers to make informed compensation decisions

  • Provides a 360-degree view of each employee
  • Leverages people analytics to optimize merit pay decisions

Bias Mitigation Promotes fair and equitable compensation practices

  • Accounts for multiple factors driving pay differences
  • Offers unbiased baseline recommendations and deviation tracking

Retention-Focused Approach Helps organizations retain top talent

  • Incorporates risk of resignation into compensation strategy
  • Allows budget allocation for retaining key talent in critical roles

Benefits

Improved Compensation Strategy Aligns compensation practices with organizational goals

  • Connects pay philosophy to execution
  • Maximizes financial impact of merit pay decisions

Enhanced Manager Competency Elevates managers' ability to handle compensation-related tasks

  • Simplifies the compensation planning experience
  • Supports more effective pay discussions with employees

Increased Fairness and Equity Promotes unbiased and consistent compensation practices

  • Reduces pay disparities
  • Supports growing pay transparency needs

Reduced Turnover Helps organizations retain valuable employees

  • Identifies and addresses retention risks
  • Minimizes turnover costs through strategic compensation allocation