Bullseye's compensation planning application enables organizations to plan merit raises, promotion increases, and cash bonus compensation that are tied to the key metrics your company uses to make decisions.
Model and align salary structures—Merit increase
Model and align organizational salary structures within budget guidelines; managers can track merit raises and bonus apportionment against departmental budgets.
Configure merit matrices based on performance appraisal scores, range placement and market index.
Using "rules definition" capability, organizations can configure the planning process consistent with their internal control structures; work flow configuration allows an almost unlimited range of approval processes.
The application supports multiple concurrent salary structures; easily compare the cost of multiple budget scenarios without the need for complex spreadsheets.