Compensation
Attract, motivate, and retain pivotal talent with Saba
Compensation decisions are among the most critical ones that your organization makes since compensation has a direct effect on employee motivation, engagement, and retention. But too many pay-for-performance programs are "one size fits all" programs offering cash incentives based on performance review scores. Rarely do these programs capture all of the ways in which an individual is contributing to organizational success. Nor do they take into account individual preferences with respect to compensation. Furthermore, many managers are making compensation decisions with limited or no access to information regarding the employee's potential beyond their own department, development plan, or history of achievement or innovation.
Saba Compensation goes beyond simple pay-for-performance processes that depend solely on a performance review score.
With Saba Compensation, you make smarter compensation and rewards decisions, informed by a comprehensive view of employee success. Saba Compensation helps your managers identify and reward pivotal talent — highly engaged, high-performing individuals in critical roles across the organization — to improve performance, productivity, and employee retention.
Incent the behaviors and achievements that actually drive organizational success.
Managers and other decision-makers have easy access to Saba's unified people profile, which lets them take into account both formal performance measures and informal activities when allocating compensation. For example, you could look at flight risk, position criticality, and recent mentoring activity in addition to performance ratings.
Lighten the workload for compensation and HR professionals.
Saba Compensation provides managers with advanced support during the allocation process, including market comparisons, ability to view their allocations by plan or by team, real-time allocation updates, and the ability to set aside budget for future use. In addition, it simplifies what can be a confusing process by using flexible plan designs and allocation tools, clear communication regarding plan milestones and employee eligibility, and automated reminders and notifications.
Attract, engage, and retain the best employees. Saba Compensation's employee-facing tools provide a key interface for individuals to review their compensation data and communicate preferences for a total rewards package. Employees can clearly see how their hard work is being rewarded.