Customised Setup According to your Company's Remuneration Strategy

RemCalc offers a wide range of variables and parameters allowing the system to be customised to your company’s pay-for-performance remuneration strategy.

With all the parameters available to customize RemCalc to fit your company’s remuneration strategy, the system can be setup for most companies’ pay-for-performance strategy.

By customising the increase and bonus parameters to your company’s remuneration strategy, RemCalc gives you the ability to bring integrity and equity to your increase and bonus review processes. This allow organisations to report on the effectiveness of their financial controls in these processes.

RemCalc (customised to your company’s strategy) enables your company to distribute scarce compensation resources equitably to employees based on their performance and other critical business factors while optimising your investment in high performing employees and avoiding investing in under-performing employees.

Highlighted Features that can be Customised

CUSTOM BENCHMARK LINES

Custom benchmark lines can be created for the use with the increase and bonus processes. In additional, extra lines can be defined for display on the visual graphs.

MULTIPLE JOB GRADING SYSTEMS

A selection of the major job grading systems is available: Hay, Paterson Broadband, Paterson, Peromnes, T.A.S.K., JE Manager, EQUATE. Additional systems can be added by our team for RemCalc.

CUSTOM SALARY BENCHMARK DATA

Benchmarking data can be set up according to the chosen job grading system. Multiple lines can be setup for use with each category of employees in the system.

CUSTOMISED INCREASE PROCESS

Custom parameters can be set up for the increase process. Multiple options are available to customize the process to fit your strategy.

MULTIPLE EVALUATION CRITERIAS

Multiple evaluation criteria can be setup according to your pay-for-performance strategy with rating scores and overall weighting defined by you for each evaluation criteria.

CUSTOMISED BONUS PROCESS

Custom parameters can be set up for the bonus process. Multiple options are available to customize the process to fit your strategy.

Customisable Parameters Available in RemCalc

Below are some of the available customisable parameters in RemCalc.
  • Currency
  • Company Logo
  • Company Colours
  • Calculation Periods
  • Evaluation Criteria
  • Evaluation Criteria Weights
  • Scoring Range per Evaluation Criteria
  • Remuneration Basis
  • Increase/Bonus Cut-off Ratings
  • Minimum Increase/Bonus for Ratings Above Defined Scores
  • Job Grade System
  • Salary Benchmark Information
  • Multiple Benchmark Lines
  • Increase/Bonus Budgets
  • Employee Personal Information
  • Employee Salary Information
  • Employee Evaluation Criteria Scores
  • Include/Exclude Employment Categories
  • Benchmark Line to Use per Employment Category
  • Increase/Bonus Ceiling Percentages/Amounts
  • Union Negotiated Increases/Bonuses
  • Cost of Living Adjustments per Job Grade
  • Increase/Bonus Minimum Qualifying Scores

Available Job Grading Systems out of the Box

The below job grading systems are available for selection in RemCalc. Custom job grading systems can also be setup by our team for your company.
  • Hay
  • Paterson Broadband
  • Paterson, Peromnes
  • T.A.S.K.
  • JE Manager
  • EQUATE