Compensation Management

Experience compensation simplicity

Simplify a complex compensation experience and make smart compensation decisions using HiBob’s flexible, intuitive, global compensation management solution

 

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Compensation your way

Manage salary and variable pay reviews, equity, and bonus allocation in a way that’s right for you

  • Manage a seamless compensation process across your organization, whatever your org structure
  • Decide who participates, plans, contributes, and approves compensation decisions
  • Set budget in a single currency, make compensation decisions in local currencies
  • Empower managers with localized salary benchmarks and currencies
  • Utilize built-in performance data to help make smart compensation decisions

 

Compensation management

Simple and smart

Simplify complex compensation processes and easily manage complicated compensation rules

  • Easily plan, set up, and manage compensation cycles with an intuitive, guided, secure experience
  • Collaborate on shared worksheets with live commenting and joint progress tracking
  • Streamline the process and stay on track with the help of co-planners, alerts, and notifications
  • Get a bird’s eye view of your entire org: individuals, budget, and insights
Compensation management

Empower managers

Enable your managers to make smart decisions and better allocate their compensation budget

  • Everything managers need in their own worksheet: budget, guidelines, eligibility rules, and indicators
  • Easily identify pay parity and flag employees who are due for an increase
  • Instantly see the impact of your decisions on individuals, teams, and your entire organization

Make sound decisions

Set the right rewards for your people and retain your top talent by making smart people decisions

  • Make informed data-driven decisions with exactly the data you need: nothing more, nothing less
  • Connect your external benchmark data to help you make smart compensation decisions
  • Leverage the benefits of a single source of truth within one centralized, powerful platform

Flexible, intuitive global compensation

Empowering you and your managers to make sound, data-driven decisions

Save time

Establish a streamlined compensation process with easy guided setup, salary reviews, variable pay reviews, equity, and bonus allocation

Your way

Implement the compensation program that's right for you with co-planners, eligibility rules, allocation guidelines, custom approvals, and percentage or numerical budget

Collaborate

Work together and align with stakeholders using real-time commenting, joint status tracking, approver flow visibility, and live budget view

Globalize and localize

Set your global managers up for success with support for multiple currencies, exchange rate settings, and connection to local benchmarks

Unify

Manage your people and compensation all in one place using employee, performance, and compensation data that's already in Bob

Experience

Enjoy personalized views within an engaging UI, with intuitive experience, custom data display, and currency views

Better with Bob

Benefit from Bob’s beautiful UI that you already know and love, it's easy to use, intuitive and engaging

Spot and identify

Aid your managers in making smart compensation decisions based on allocation guidelines, eligibility rules, worksheet indicators, notifications and reminders

Drive with data

The right data accessible at your fingertips: nothing more, nothing less. Access comp ratio, performance data, range positioning, internal and external benchmarks

Save time

Establish a streamlined compensation process with easy guided setup, salary reviews, variable pay reviews, equity, and bonus allocation

Your way

Implement the compensation program that's right for you with co-planners, eligibility rules, allocation guidelines, custom approvals, and percentage or numerical budget

Collaborate

Work together and align with stakeholders using real-time commenting, joint status tracking, approver flow visibility, and live budget view

Globalize and localize

Set your global managers up for success with support for multiple currencies, exchange rate settings, and connection to local benchmarks

Unify

Manage your people and compensation all in one place using employee, performance, and compensation data that's already in Bob

Experience

Enjoy personalized views within an engaging UI, with intuitive experience, custom data display, and currency views

Better with Bob

Benefit from Bob’s beautiful UI that you already know and love, it's easy to use, intuitive and engaging

Spot and identify

Aid your managers in making smart compensation decisions based on allocation guidelines, eligibility rules, worksheet indicators, notifications and reminders

Drive with data

The right data accessible at your fingertips: nothing more, nothing less. Access comp ratio, performance data, range positioning, internal and external benchmarks