Gartner Research

Deciphering the Complex Compensation Management Solution Market

Published: 07 May 2018

ID: G00353710

Analyst(s): Ron Hanscome , Melissa Hilbert , Lily Mok

Summary

Application leaders transforming HCM often question if compensation processes are part of an HCM or talent suite, or if they should deploy point solutions. Understanding the main compensation functions and technology options is key to avoiding stakeholder dissatisfaction.

Table Of Contents

Analysis

  • Introduction
  • Major Compensation Management Functions
  • Beware of a Diverse, Fragmented Solution Landscape
  • Consider Organizational Strategies and Emerging Trends to Guide the Design of Compensation Management Programs
    • Manage Compensation as an Integral Part of Total Rewards
  • Create a Compensation Management Solution Inventory
  • Reduce Expectations That an HCM or TM Suite Can Handle Sales Incentive Plans
  • Take a Portfolio Approach to Meet Compensation Management Needs

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