Custom Views and All-in-One Functionality

Our compensation systems provide a full range of employee data management that encompass personalization; ease of download; exporting of charts and tables; ad-hoc analysis; visibility to Senior Management; and historical and background documentation.

Successful HR Management through an Innovative System

Objective:

A Fortune 500 transportation company needed an intelligent system to manage their compensation plans for its 50,000+ workforce, because their current process was inefficient and time-consuming. They needed an all-in-one solution for managing their workers motivation in the form of compensation via performance rating, employee band, base salary, merit, bonus, stock options, and equity awards.

Schindler Technology Solution

Created a compensation system that seamlessly integrated with a legacy system and provided a more advanced platform to manage growth and new applications.

Expertise:

The core team worked on this project.

Express:

The project was completed in 2 months.

Efficiency:

In the past, the annual review process was a challenge with coordinating the data, and input from all of the managers. Managers were in silos and used Excel spreadsheets to keep track of compensation.

After the system was implemented:

• The company achieved an annual cost savings of: $260,000—and ROI to date $780,000.
• The business benefits are overall worker satisfaction and increased productivity of the managers.
• The organization has also seen vast improvements in four major areas: manager review compliance; senior-level decision making; employee satisfaction of the annual review process; and monitoring of compensation budget and allotment.