Compensation
Achieve Better Results By Linking Pay to Performance
When employees understand how their achievements are valued and rewarded, motivation and engagement improve. Reviewsnap's compensation module makes rewarding results-based performance easy and reliable.
Key Features Include:
Budgets
- Create budgets on a company, department and manager level. The salaries and compensation increases will automatically be calculated to avoid budgets being exceeded.
Unlimited Pay Grades
- Build an unlimited number of pay grades, tie them to job descriptions or salary ranges, and create compensation-increase matrixes for each pay grade.
Compensation Recommendations
- The system will automatically make compensation recommendations based on the pay grade, performance review and overall rating of an employee.
Approval Process
- Put compensation increases through an automated approval process rather than dealing with the paperwork.
— Robin Graf, Regional Executive Coordinator of Team Member Services, Whole Foods
"We set out to find a system that could help provide us with 360 Degree Feedback on our leadership group. In the early analysis of several systems, Reviewsnap quickly rose to the top. There were initially two areas that Reviewsnap far exceeded its competitors. The first being the price. We liked the simple fee structure of usage being the driver with no hidden costs. Secondly, and the biggest plus would be the ability to fully customize the products within Reviewsnap. Once we actually began to use the system, the customization did not disappoint and in fact we felt so strongly about the system we started to use the automatic performance evaluation for a select group of our team members. Lastly, as we began using the system the customer service provided by Reviewsnap was stellar. They were always available and willing to assist, explain or even consider adapting certain components of the system to meet our needs. If you are looking for a reasonably priced system that is fully customizable and don’t mind excellent customer service, then Reviewsnap is for you!"