By bringing no-code configuration capability to Compose, leading companies are now able to quickly adapt their compensation programs as labor markets continue to evolve.
Ramsey, NJ – April 11, 2023: Decusoft, a leading provider of enterprise compensation planning and management software, announces a significant update to its Compose platform that brings greater speed and flexibility to human resources professionals.
“From the pandemic and Great Resignation to surging inflation and mounting layoffs, businesses have had to move quickly to adapt their compensation strategies to changing conditions while also rewarding and retaining the talent they need,” says Decusoft president Jim Weber. “Compose enables companies to be more agile than ever, as they design and redesign total rewards packages.”
Compose has long been the most powerful way for enterprises of any size to manage compensation planning. It brings all the key employee, job and salary structure, performance, and financial data into one secure system, making it easy to monitor and plan compensation changes no matter how nuanced or complex the bonus and incentive structure is. Additionally, Compose’s DE&I Dashboard Analytics can display a real-time analysis of a company’s pay equity and compare organizational compensation to industry benchmark data. The cloud-based platform delivers total-rewards statements and other communications that integrate data from multiple sources, including core HCM and payroll systems.
“Compose adapts with the company as it grows and evolves – it allows the company to strive for leadership in the eyes of its employees and the market when it comes to all things comp” says, Weber. “Our clients simply require a level of agility and flexibility that no one else in the market is providing right now.”
To make the implementation and use of Compose even easier, the platform is delivered with more than 150 preset fields representing a robust set of data elements and compensation plan structures. Additionally, Compose includes a range of templates that include calculations for compensation structures used in a wide range of industries. All of the data elements and calculations can be custom configured by authorized HR staff using the no-code interface.
“Many companies find that the systems they use for human capital management aren’t flexible enough or secure enough to handle their incentive program planning,” says Hank Boggio, Decusoft’s Chief Commercial Officer, “so they wind up doing their compensation planning in spreadsheets. That’s a risky, error-prone, and labor-intensive approach because spreadsheets are prone to errors and inconsistencies. Compose’s no-code technology is intuitive, easy to use, and every change can be audited.”
“This milestone update is just one part of Decusoft’s commitment to helping clients build the most skilled and motivated workforce,” says Boggio. “The market is not going to slow down. There is new legislation calling for pay equity and salary transparency and the preferences of millennial and Gen-Z workers continue to diverge from those of older generations. With Compose, companies will always be able to offer and efficiently manage the right rewards package to every employee.”
About Decusoft
Decusoft is the leading partner to enterprises of all sizes who struggle to manage the complexity of the number one business expense in America: employee compensation. Decusoft’s platform, Compose, helps companies plan, manage, and analyze their employee compensation programs. Compose is a highly intuitive, no-code platform that takes critical employee compensation information out of endless spreadsheets and brings it into one platform, a single source of truth, guarded by the highest levels of security while giving clients unprecedented control and insight. Users of the platform have the ability to adjust to changing market conditions that impact compensation structure and total rewards programs, as well as utilize internal and external data sets to get a complete picture of how the company measures against others and is viewed by its employees. Companies that recognize the value and importance of having a competitive, fair, and agile compensation program choose to run on Decusoft. Managing employee compensation is no longer just a once-a-year event. It is a year-round priority.
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