Contact

Compensation & Benefits

Efficient remuneration processes and freedom
for value-adding HR work

FLEX

Centralized planning and efficient execution of pay and bonus rounds

A fair and comprehensible salary structure is crucial for a positive working environment. It increases employee performance and contributes to the long-term success of the company. It also makes the company more attractive on the job market and attracts talented specialists. You can therefore also count on the Abacus Compensation & Benefits module. It supports HR managers and supervisors in the distribution of salary increases and performance bonuses. With freely definable guidelines, data protection-compliant planning and location-independent access in MyAbacus for employees, all salary and bonus rounds can be planned centrally and implemented efficiently. This makes the solution the fundamental tool for fair and transparent salary development.

Shot of a mature businessman looking thoughtful while working late in an office

  • Reduction of administrative and coordination effort

  • Compensation planning in the portal is easily accessible and clearly laid out

  • Automatic and efficient calculation of bonuses and salary increases

  • Freely definable guidelines

  • Minimization of error sources

Product Videos

Prepare guidelines quickly

  • Prepare compensation rounds quickly and efficiently
  • Determine central parameters using freely definable criteria
  • Candidates, available budget amounts,
    remuneration proposals, etc.
  • Calculate wage increases just as efficiently and reliably

Prepare your compensation rounds more efficiently than ever before. Candidates, available budget amounts, remuneration proposals - you can now determine all of this appropriately using freely definable criteria. The guidelines established in this way already define the framework conditions for subsequent distribution by line managers in MyAbacus. You can calculate the proposed salary increases just as quickly and reliably. You can also take other factors into account, such as the existing salary structure or the performance of employees.

Compensation planning in MyAbacus

  • Awarding of salary increases by superiors in MyAbacus
  • Include personnel changes during planning
  • Current planning progress visible at all times
  • Authorizations and access protection for payroll data can be defined individually
  • Employee data protected at all times

Once the remuneration rounds have been prepared, the process continues just as quickly
. The line managers award the salary increases in MyAbacus. Personnel changes can be incorporated during the planning process. The current planning progress is also visible at all times. Just as helpful, authorizations and access protection to the salary data can be defined individually. This ensures that employee data is protected at all times.

Error-free thanks to individual budget guidelines

To ensure that all budget and distribution specifications are adhered to, you can operate with individual guidelines
. A warning appears automatically for even the smallest deviation. Incorrect entries are reliably prevented. Once the remuneration round has been completed, the new data is transferred to payroll accounting in a controlled manner at the touch of a button.