Human Capital Consulting

Advanced Compensation

Advanced Compensation Services For Workday

Attract and Retain the Best Talent With a Competitive Compensation Strategy

Rewarding employees for their hard work is important for any organization that wants to be competitive or innovative. But creating an effective compensation plan is time-consuming and requires expertise or resources your team may not have access to.

The experts at OneSource Virtual are equipped to help. Our Advanced Compensation services provide comprehensive support, so your organization is equipped with what it needs to attract and retain the most talented individuals.

Compensation Management Solutions

01

Compensation Plans

Configure basic merit, bonus, onetime payment and stock plans, define plan rules and waiting periods, and mange distribution plan to recipients. Use performance review scores to drive plan recommendations.

02

Compensation Matrices

Create and modify compensation matrices to define the relationship between performance scores and corresponding merit, and bonus and stock offerings.

03

Merit and Bonus Business Processes

Organize and assign merit and bonus plans individually or globally as they relate to your organization’s departments and internal divisions.

04

Compensation Process

Set up templates to define compensation event details. Produce worksheets to inform managerial decision making. Customize and generate merit statements.

05

Reports and Analytics

Design custom reports that focus on key compensation metrics and performance goals specific to your organization or industry.

Contact OSV

If you need more information about Advanced Compensation, please fill out our form and a OneSource Virtual representative will be in touch very soon.

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Encourage Hard Work by Rewarding Hard Work

Make Strategic Compensation Decisions

Attracting and retaining the most talented employees depends, in part, on having an effective compensation plan in place to encourage and reward hard work. But even when compensation plans are well designed, too many organizations rely on outdated processes and inconsistent records to collect, measure and manage the information that influences their compensation decisions.

Manage Talent On Workday HCM

Advanced Compensation from OneSource Virtual helps you leverage Workday’s single-solution framework and functionality to consolidate this information into simple yet detailed worksheets that accurately inform the compensation process, helping you nurture, retain and promote top talent.

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