FAW HCM - Workforce Rewards - Salary Basis (Available in Beta Release)
Summary and actionable insights from your organizations salary basis data maintained in cloud HCM. Ability to answer following business questions seamlessly with pre-built measures delivered with the new Salary Basis offering.
- What are the top X reasons for off-cycle salary adjustments in your organizations ? - Despite having yearly incremental cycles why do we have off-cycle adjustments ? Are there any anomalies/wrong practices in the organization that needs to be streamlined ?
- What is the workforce spread across compa-ratio bands ? - Configurable compa-ratio band and pre-built measures on workers with salary makes it easier to plot this analysis.
- Are you paying for performance rating ? - Does your data show that high performers are being paid more than low/medium performers or vice-versa ?