Taleo Comp

Correlate employee compensation with performance achievement

Taleo Comp provides a Pay for Performance framework for managers to correlate employee base pay and bonus allocation with performance achievement, while ensuring compliance with the organization's compensation standards.

Taleo Business Edition allows companies to measure employee effectiveness in the achievement of assigned job and goal performance objectives, which are aligned directly with the organizational strategy. Use this data to assign compensation cycles and apply guidelines for merit and bonus pay. Managers can then distribute compensation to their employees, request compensation recommendations from others, submit their plans for approval—all in a more efficient and timely manner. Taleo Comp is available to active Taleo Perform customers.

  • Features
    and Benefits

Features

Benefits
Empower Managers Taleo Comp empowers managers by providing easy-to-use tools to make sound merit-based salary and bonus adjustments for employees.
Engage Employees Identify your top performers and reward them appropriately. Motivate employees with a clear Pay for Performance strategy. Improve retention and reduce employee turnover.
Reduce Costs Use a single tool to manage and determine the best cost scenarios for your merit plan. Guidelines ensure consistent equity allocation throughout the organization. Streamline your merit compensation process and produce presentation-ready reports to support your recommendations.
Flexibility Use multiple performance reviews to calculate an averaged rating which is compared to organizational guidelines.

Choose to use anniversary, market, and "one off" compensation cycles throughout the year.
Configurability Use a pay range modifier to determine if compa-ratio will be applied to merit guidelines.

Apply "ceiling" and "floor" merit and bonus restrictions.

Define stock types and payroll allowances that do not affect base pay.

Choose among multiple Compensation Cycle templates.

Take the Next Step

Find out how your business can benefit from Taleo talent management solutions. Start using Taleo Business Edition Perform today. Sign up for our free 30-day trial.

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