The Compensation Manager wants to automate these tasks which are now done by Compensation Analysts by hand
The Compensation Manager wants to automate these tasks which are now done by Compensation Analysts by hand. So, the Compensation manager wants your help in finding automated Compensation Administration Tools. Tools such as a Salary Survey Analyzer to automate the entire Salary Surveying process, 2) Salary Range Developer to automate the number crunching steps in updating Salary Ranges and Merit Matrices and 3) a Salary Forecasting and Budgeting Tool to automate this other annual number crunching process.
Your job as the Human Resource Systems Manager is to search the web, do library research and find appropriate tools that can interface with your current HRIS system. .In this written Assignment your task is to research various tools available in the market and write a 7-page maximum paper summarizing for the Compensation Manager what appropriate standalone tools are available in the Market which the Compensation Manager might be able to adopt in their companies. The best way to go about writing this paper would be to find who the major Compensation Consulting companies are and then search their websites of what they offer by way of these tools. The following information must be included in your completed paper. Use the headings outlined below for your paper: Explain in a comprehensive manner the specific tools the Compensation Manager is looking for. What is importance of these tools? Why is it important to automate these tasks? What is the difference between the Compensation Systems discussed in Assignment Description? Do you need to assist in the application of these tools by building various interfaces between your HRIS system and the outside party?