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Software Functionality Revealed in Detail
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 employee retention incentive

Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

Compare Now

Incentive and Compensation Management

Enterprise incentive management (EIM) and employee compensation management sit between HR, CRM, Accounting, and sales force automation. These applications help sales executives gain perspective on sales performance, business operations, and manage compensation programs. EIM solutions are used to improve sales strategies. 

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Documents related to » employee retention incentive

10 Keys to Selecting the Right Employee Compensation Software


To get around the limitations of their existing payroll systems, many companies are still using spreadsheets and homegrown applications for compensation management. Human resources (HR) system providers have responded by offering compensation administration functionality as part of their integrated HR solutions. Discover 10 critical things to look for when considering a compensation administration tool for your company.

employee retention incentive  the tedious tasks of employee management to the lowest possible level. But what manager doesn''t dread the performance review/compensation cycle? Has it really gotten easier since the flurry of paper went online? Certainly in some ways, the answer is yes. But with new capabilities to hone in (like a laserbeam) on the correlations between pay, performance, market data, equitable distributions and the like comes another problem: complexity. Complex calculations based on a host of factors, such as company, Read More

Thou Shalt Motivate and Reward Workforce Better


The potential of enterprise incentive management systems should not be ignored, since this software category promises a fairly rapid and tangible return on investment, outlines expensive over- and under-payment errors, and reduces administration overhead.

employee retention incentive  (among other things) effective employee acquisition and retention techniques, incentive and compensation management, performance monitoring, resource management, and training. The most progressive companies have thus been using best-of-breed HR and HCM technologies (although these can be part of a broader packaged enterprise application suite) for attracting, hiring, training, motivating, and managing their people. Software applications are getting more and more sophisticated to help companies with these Read More

Winning the Race for Talent in Emerging Markets


Economic activity in emerging markets is growing at around 40 percent—as compared with 2 to 5 percent in the West and Japan. Businesses all over the globe are competing for people who have numerous options and high expectations. How can your company attract and retain talent in emerging markets in Brazil, Russia, India, and China—offering new employees what they want, while ensuring your bottom line is met? Find out.

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Sizing the Enterprise Incentive Management Opportunity-And the Challenges Ahead


Pure-play enterprise incentive management (EIM) vendors who have focused on providing the capability to manage highly complex compensation systems will be well positioned to take advantage of the major growth projected in the EIM market.

employee retention incentive  with increasing rates of employee turnover—as high as 87 percent in some segments. At the same time, increased pressure to comply with labor regulations is complicating store operations for many retailers. Retailers'' common business challenges are to align store operations to achieve bottom-line results and improve store productivity, while concurrently focusing on customer experience and increasing transaction amounts. To that end, a retail-oriented EIM package has to help retail executives analyze Read More

Taking Stock of Infor’s HCM “Inventory Items” - Part 2


Part 1 of this blog series started by expressing the “New Infor” sentiments (backed up with concrete examples and rationale) following my recent attendance of Inforum 2012. Then the article provided some historical background and described the lineage of the products that currently form the Infor10 HCM portfolio. The article also detailed some technical and organizational issues on both the

employee retention incentive  e-mail, and chat. Typical employee inquiries are about general HR policies, payroll, benefits, and compensation. Call centers can also process HR transactions such as employee data management, payroll transactions, training registration, tuition reimbursement, new hire onboarding/termination processing, benefits processing, and open enrollment. Finally, typical HR services include relocation services, expatriate services, employee feedback surveys, compensation administration, incentive program Read More

Improve Employee Engagement Through Live Video


While it’s not surprising that some employees fall into the “disengaged” category, what is surprising is the size of that number. The recent Gallup survey “State of the American Workplace” found that 70 percent of American workers are either not engaged or are actively disengaged.

The results are observed directly in the bottom line, with the price tag for disengaged employees accounting for $450 billion to $550 billion in annual losses in productivity. With so much at stake, how can businesses encourage higher levels of engagement within the organization? Improving communication and engagement through live video is one solution.

employee retention incentive  Employee Engagement Through Live Video While it’s not surprising that some employees fall into the “disengaged” category, what is surprising is the size of that number. The recent Gallup survey “State of the American Workplace” found that 70 percent of American workers are either not engaged or are actively disengaged. The results are observed directly in the bottom line, with the price tag for disengaged employees accounting for $450 billion to $550 billion in annual losses in Read More

Saba’s @Work 2014 Global Summit—The Impact of Happiness


Everyone knows that a happy worker is a productive worker. In fact, many successful companies today have embraced this concept in an effort to enhance employee productivity. Saba Software, a talent management solutions provider, is capitalizing on this concept by recognizing that happiness in the workplace is an important differentiator for finding and retaining good employees. Read about what Saba is doing to deliver employee happiness and its impact on the company's product development strategy and future roadmap.

employee retention incentive  an effort to enhance employee productivity. Saba Software, a talent management solutions provider, is capitalizing on this concept by recognizing that happiness in the workplace is an important differentiator for finding and retaining good employees. Read about what Saba is doing to deliver employee happiness and its impact on the company''s product development strategy and future roadmap. Read More

Knowledge Management: The ROI of Employee Brain Trusts-New Strategies for Reversing the Recent Trend


Implementing technology without the proper people and processes in place only means bad service is delivered faster. Indeed, the employee brain trust is critical to succeeding in today’s knowledge economy and customer-centric environment. Yet according to numerous industry analysts, a staggering 55 to 70 percent of customer relationship management (CRM) and contact center projects fail to meet their objectives. Why?

employee retention incentive  Management: The ROI of Employee Brain Trusts-New Strategies for Reversing the Recent Trend Implementing technology without the proper people and processes in place only means bad service is delivered faster. Indeed, the employee brain trust is critical to succeeding in today’s knowledge economy and customer-centric environment. Yet according to numerous industry analysts, a staggering 55 to 70 percent of customer relationship management (CRM) and contact center projects fail to meet their objectives. Read More

Fostering Employee Engagement in Your Organization


Fostering employee engagement is critical to creating an effective, innovative workplace. Increased employee engagement has the potential to positively impact your entire organization, and bring about higher accountability to performance across the board. Employee engagement is also a key factor in career development—engaged employees are far more likely to be effective and charismatic leaders. This white paper looks at ways to measure and increase employee engagement, so that your company can reap the benefits of an engaged workforce, including improved productivity, better customer service, increased employee retention, and increased customer retention.

employee retention incentive  Employee Engagement in Your Organization Fostering employee engagement is critical to creating an effective, innovative workplace. Increased employee engagement has the potential to positively impact your entire organization, and bring about higher accountability to performance across the board. Employee engagement is also a key factor in career development—engaged employees are far more likely to be effective and charismatic leaders. This white paper looks at ways to measure and increase Read More

Incentive and Compensation Management


Enterprise incentive management (EIM) and employee compensation management sit between HR, CRM, Accounting, and sales force automation. These applications help sales executives gain perspective on sales performance, business operations, and manage compensation programs. EIM solutions are used to improve sales strategies.

employee retention incentive  incentive management (EIM) and employee compensation management sit between HR, CRM, Accounting, and sales force automation. These applications help sales executives gain perspective on sales performance, business operations, and manage compensation programs. EIM solutions are used to improve sales strategies. Read More

Three Ways to Improve Employee Engagement and Productivity with Social Business Media


The surge in social media use and younger people moving into positions once held by baby boomers are transforming today’s workplace, creating both challenges and opportunities for companies trying to keep employees happy and businesses healthy. This white paper looks at the benefits for employee engagement and productivity that come with social media for business use.

employee retention incentive  Ways to Improve Employee Engagement and Productivity with Social Business Media The surge in social media use and younger people moving into positions once held by baby boomers are transforming today’s workplace, creating both challenges and opportunities for companies trying to keep employees happy and businesses healthy. This white paper looks at the benefits for employee engagement and productivity that come with social media for business use. Read More

Get an Extra Man-month of Productivity per Employee, Every Year with Adrenalin!




employee retention incentive  Man-month of Productivity per Employee, Every Year with Adrenalin! Read More

Selecting a Commission and Incentive Compensation System


As part of their compensation strategy, many businesses today are looking for software products that can manage commissions, sales incentives, and bonus programs. But with the number of companies now offering a variety of viable solutions, it has become even more difficult to know which one to choose. To help you select the right solution for your organization, consider these key evaluation factors first.

employee retention incentive   Read More