Willis Towers Watson Compensation Software is a cloud-based solution designed for large businesses. The solution helps users design and manage their employee compensation structure based on performance and market benchmarks. Key features include compensation management, job-leveling and compensation reporting and analytics.
Willis Towers Watson Compensation Software helps users design customized compensation program by taking into account market pay data, salary structures, survey data and global grading information.
The solution also helps users automate pay planning, data collection, storage and management processes. The compensation management functionality of the solution helps users implement a pay-for-performance compensation structure.
Willis Towers Watson Compensation Software offers other functionalities such as data services, employee engagement management, a human resources (HR) portal, talent analytics and talent assessment in a suite.
John from JPM
Ability to request custom peer groups completely within the tool. Leveling is made simple. Backed up by the experts in compensation across all industries.
Total spend analysis still a work in progress. There are a lot of features that I would like to have now but are not yet implemented.