SimplyMerit Software Description
SimplyMerit is a platform that is used for engaging and empowering the managers to make informed compensation decisions. The platform is a real-time HR compensation management that allows users to optimize their merit budgets and make equity grants. Moreover, it helps the employees avoid errors, headaches, and helps them manage spreadsheets. Users can handle the finances of their employees and can implement compensation according to the company’s rule.
The platform helps manage the conversion of currencies, and they can apply the configurable portions to the incentives and pay. Moreover, it helps manage workflow approvals, and users can generate and distribute adjustments letters. It allows users to make deliberate adjustments to their employees’ pay, and they can eliminate the need for training with the automation feature.
SimplyMerit allows users to collaborate with other employees, and they can monitor their managers’ activities with a powerful workflow engine. Moreover, users can have all the transparency in the management hierarchy from approval to the rejection phase. Lastly, users can get insights into the working of their business.