Turn compensation budgets into structured, defensible pay decisions. Plan merit increases, bonuses, and promotions using analytics, governance controls, and pre-built strategies without traditional software complexity.
Comp360 Lite turns compensation budgets into structured pay decisions. Plan merit increases, bonuses, and promotions using analytics, governance controls, and pre-built merit strategies such as Parity-Focused, Performance-Oriented, and Balanced — without the complexity of traditional compensation software.
Comp360 Lite — Core Features
- Merit Budget & Strategy Planning: Set budgets and translate compensation philosophy into action through pre-built Parity-Focused, Performance-Oriented, and Balanced merit strategies.
- Advanced Merit Analytics & Recommendations: Use detailed employee, compensation, performance, and pay-position data to generate differentiated merit recommendations and explore alternative allocation scenarios.
- Compensation Dollar Optimization: Analyze and adjust allocations to stretch available compensation dollars, balancing budget constraints with pay positioning, pay compression & inversion, performance differentiation, equity, and organizational priorities.
- Bonus & Promotion Planning: Plan bonus pools and promotion recommendations using structured rules, employee-level data, and compensation analytics.
- Pay Equity & Gap Analytics: Identify internal pay misalignment and monitor key equity measures, including Gender Pay Gap (GPG), throughout the compensation cycle.
- In-Process Compensation Analytics: Track compensation decisions as they progress from current → allocated → approved, with real-time visibility into key metrics such as budget utilization, pay positioning, and GPG.
- Compensation Governance & Decision Support: Use merit matrices, compensation scorecards, decision rules, and structured workflows to make compensation decisions more consistent, transparent, and defensible.
- Compensation Cycle & Execution: Manage global currencies, step and statutory increases, compensation dashboards, employee letters, and structured exports for downstream HR and payroll processes.
Ready to use. No implementation effort required | Minimal, focused interface.
Frequently Asked Questions
What pre-built merit strategies are available in Comp360 Lite?
Comp360 Lite includes three pre-built merit planning strategies out of the box: Parity-Focused (closing internal equity gaps), Performance-Oriented (maximizing top-performer differentiation), and Balanced (harmonizing performance rewards with pay equity).
How does Comp360 Lite optimize available compensation dollars?
Comp360 Lite analyzes allocations to stretch budget dollars, helping teams balance fiscal constraints with pay positioning, pay compression & inversion mitigation, performance differentiation, and internal equity.
How does in-process compensation analytics work during a review cycle?
Comp360 Lite tracks compensation decisions in real time as they move from current → allocated → approved, giving HR total visibility into budget utilization, compa-ratio shifts, and Gender Pay Gap (GPG) metrics at every stage.
Can Comp360 Lite handle bonus pools and promotion recommendations?
Yes. Comp360 Lite enables structured bonus pool distribution and promotion planning using employee-level data, custom decision rules, and integrated compensation analytics in a single unified workflow.
How does Comp360 Lite enforce compensation governance?
Comp360 Lite incorporates merit matrices, compensation scorecards, policy decision rules, and approval workflows — ensuring manager recommendations remain transparent, policy-aligned, and defensible.
What tools are provided for final compensation cycle execution?
Comp360 Lite supports multi-currency management, step and statutory increases, executive dashboards, automated employee merit letters, and structured data exports for payroll and HRIS downstream processing.
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