Compensation Management tracks Job & Salary history. It stores dates, rates, locations, divisions, departments, and salary grades; computes and stores compensation ratios, percent-of-range, change amounts, and change percents; computes and stores pay period equivalents for a wide range of pay frequencies for each employee within the HR system.
Compensation Management tracks Current Pay, Next Pay, and an employee’s entire compensation history. Also tracks other pay like bonuses and stock options.
Sample Report: Average Salary by Department
Sample reports: Average Last Change Percent, Average Salary by Department, Average Salary by Gender, FTE Totals by Job Title, Salary History by Employee