Compensation Management Software
Manage employee compensation with ease
HireChamps helps you manage and plan your compensation strategies, so your employees are always paid fairly and competitively. Accurately manage your employee salary revisions and never err on what matters most to employees.
Salary revisions
Keep track of revision cycles and revise salary anytime
HireChamps gives you visibility of all pending salary revisions. Should you need to revise a salary in advance, HireChamps lets you schedule a revision in the future too. And when you missed revising a salary, HireChamps payroll takes care of the arrears for delayed revisions.
Optimized salaries
Customize salary structures for the best take-home salary
HireChamps provides you optimized salary templates that you can readily use. You can also customize the templates for all salary ranges and senior executives or the floor teams.
Gain insights
Compensation analytics and Compa ratio
HireChamps provides rich compensation analytics that can help you in your compensation planning. You can further gain insights on the pay distributions among genders, departments, etc.
Compensation Analytics
Forecasting by Salary cost
Employee salaries are the biggest expenses for most businesses. HireChamps Payroll helps you plan your cash flows and show you changes in actuals from the planned salaries.
Budget planning
Plan and budget your new hires to align with your strategy
HireChamps payroll software helps you budget various job role hiring and give you a project of the employee costs.
Compa Ratio
Measuring employees competitiveness in terms of compensation
Most enterprises would like to have fair pay practices, but lack tools to measure pay vs performance. HireChamps compensation software allows you to track the performance of employees vs pay comparison to ensure your high performing employees are not underpaid.
Salary timeline
See all the history of salary revisions of an employee
HireChamps provides an easy view of all employee salary revisions that keeps track of all variable performance bonuses too. In addition, HireChamps helps record any additional notes against these revisions.