Willis Towers Watson Compensation Software is a cloud-based solution designed for large companies. This solution helps users design and manage their employee compensation structure based on performance and market benchmarks.
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.
Key features include compensation management, job-leveling and compensation reporting and analytics. The system also helps users automate pay planning, data collection, storage and management processes. The compensation management functionality of the software 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, talent assessment and management in a suite.
This solution is offered across 120 different countries, so businesses with global offices can attain a balanced compensation structure and manage talent across all their offices.