Easily calculate merit-based salary and bonus adjustments based on sound performance data.
Taleo Comp™
Effective compensation management is critical to becoming an employer of choice. When you apply a proper pay-for-performance strategy, you show employees—and potential candidates—that you measure their efforts and provide fair and equitable compensation. This helps you make the right impact on your workforce, so you keep productivity high and retain top performers.
Available to Taleo Perform customers, Taleo Comp helps simplify compensation planning by streamlining processes and integrating with performance reviews and data. Quickly determine the total cost of your compensation cycle, so you can apply ceiling and floor limits. Tap into multiple performance reviews to ensure fair allocation of merit and bonus pay. Award payroll incentives according to your organization's defined guidelines, while keeping employees motivated.
Features
Simple Calculation Tools
Performance Metrics
Identify your top performers and reward them appropriately using with a clear pay-for-performance strategy—so you improve retention and reduce employee turnover.
Cost Analysis Tools
Use a single tool to manage and determine the best cost scenarios for your merit plan. Guidelines ensure consistent equity allocation throughout the organization. Streamline your merit compensation process and produce presentation-ready reports to support your recommendations.
Flexibility
Make compensation planning more dynamic and adaptable to organizational guidelines. Use multiple performance reviews to average a fair and equitable compensation rating for each employee. Select from anniversary, market, and "one off" compensation cycles throughout the year.
Configurability
Gain greater control over compensation management. Use a pay range modifier to determine if compa-ratio will be applied to merit guidelines. Apply "ceiling" and "floor" merit and bonus restrictions. Define stock types and payroll allowances that do not affect base pay. Choose from multiple compensation cycle templates.
Integration
Taleo Business Edition makes it easy for you to integrate with other applications or integrate data to and from your systems of record.
Taleo Connect for Business Edition handles all of your data integration needs, whether you need to get data from your other solutions into Taleo Business Edition or you need to extract data from Taleo. Take advantage of our expertise in integrating data to and from leading HRIS, ERP, payroll, benefits, compensation, time and attendance, and CRM systems.
Use the Taleo Business Edition Web API to easily integrate with other complementary applications, extend Taleo Business Edition to create entirely new solutions, or create your own data extracts. This open interface allows you to leverage Taleo Business Edition as a platform and configure your integration processes. Begin working with the Web API today by signing up for a free trial of Taleo Business Edition.
