Simplified Compensation Management

Attracting and retaining top talent starts with a compensation strategy that is competitive, fair, and data-driven. CTR’s Compensation Management solution, powered by isolved, helps you manage the entire process from start to finish while giving you the insights to stay ahead of industry trends.

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Elevate your compensation process.

Improve Employee Engagement, Leverage Data & Automate Complex Tasks

Our comprehensive solution allows seamless planning, management, and execution of all compensation aspects, fostering employee motivation, engagement, performance, and retention. 

Improve Engagement & Productivity

Boost engagement and encourage productivity with competitive compensation packages that make your employees feel like the MVPs they are!

Leverage Employee Data & Insights

Dive into the metrics that matter and unleash strategic pay plans that energize your workforce. Design fair rewards, ignite motivation, and watch your company become a magnet for top talent.

Automate Complex Compensation Tasks

Benefit from timely workflows, notifications, and reminders that help you reduce errors, save time, and streamline your processes.

Set Eligibility Rules

Configure eligibility rules for applicable groups of employees and collaborate with approvers to easily adjust for merit increases, bonuses and more. 

 
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User-Friendly Dashboard

View all events, plans and statuses in one place and automate the compensation process so changes flow directly to payroll.  

 
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Configurable Event Management

Create and manage events, assign approvers with tasks and set up reminders to ensure they’re completed in a timely manner. 

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Compensation Data Analysis

Make informed decisions with the ability to display factors on the Compensation Analysis grid, ensuring you have the metrics you need in real-time. 

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Compensation Benchmarks and Analytics 

Improve Compensation Decisions with the Power of isolved Predictive People Analytics and Benchmark Insights 

The power behind isolved’s intelligently connected solutions lets you drill down and filter analytics on the Compensation Dashboard, plus analyze position-specific salary benchmark data to optimize your compensation strategy so your company can remain competitive and improve retention. 

More than a Provider. Your Irreplaceable Partner.

CTR makes payroll, HR & workforce management easier. With an all-in-one platform backed by personalized support, tenured experts, and customized solutions, you gain simplicity, compliance confidence, and more time to focus on your business.

Frequently Asked Questions

Can this help make our compensation packages more competitive?

Yes, it leverages isolved Predictive People Analytics and Benchmark Insights to provide industry data from over 168,000 organizations, ensuring you offer competitive packages by analyzing merit increases, bonuses, and more with access to real-world data​​.

Can compensation management software assist in making informed decisions regarding raises and bonuses?
Yes, isolved Compensation Management allows for detailed analysis of average base salary, comparitive-ratio, total salary by groups, etc., providing the necessary insights to make informed decisions about raises, bonuses, and other compensation changes​​.
Why is compensation management important?

Compensation management helps businesses attract, retain, and engage top talent by offering competitive pay and well-structured compensation packages. A strong compensation strategy relies on up-to-date market data and benchmarking to maintain pay equity and prevent pay gaps. Without structured compensation planning, businesses risk inconsistencies in pay decisions, lower employee engagement, and challenges in retaining skilled employees. 

Using compensation management software streamlines administrative tasks by automating compensation processes, integrating real-time compensation data, and improving forecasting. isolved’s compensation management platform stands out by providing a configurable system with planning tools, dashboards, and data-driven insights that help HR leaders make informed decisions. With integrations to HRIS and performance management systems, isolved simplifies salary planning, total rewards tracking, and compensation analysis, making it easier to implement fair and competitive pay practices. 

Achieve your Compensation Management goals with CTR!

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