CompXL Reviews & Pricing

Key Features

Merit

• Merit Planning Cycles Administer merit planning cycles from anywhere. Automatically enforce business regulations and policies. Account for multiple rules for separate business regions or units. 
• Salary Adjustment Letters: Provide customizable compensation statements that include several increase components such as market adjustments, lump sum, promotion, effective date and base increase. 
• Administrative Control: Facilitate better control even in unforeseen situations such as organizational restructuring, mergers, acquisitions, mass hiring and firing. 
• Automated Workflow: Automatically load structured reports in a few clicks. Manage approval paths in a customized manner, including exceptions, round trips and regional variations. 
• Multi-Currency: View employee data and recommend pay based on local currency. Converts and allows simplified monitoring in a common currency for finance and HR personnel.
• Manager Discretion: Access information using online and offline workbooks. Validate all data points, conceal formulas and trace all changes within the system. 

Bonus

• Schedule Planner: Plan based on schedules using features like position-based proration, manager discretion and budgets based on the employee pool. Supports complex employee bonus planning and reporting requirements. 
• Multi-Factor Bonus Calculator: Use simple data importing, management and storage functions customized for any business size, type or industry. Calculate bonus plans for multiple geographic regions and challenging setups. 
• Spreadsheet Capabilities: Utilize Excel-like spreadsheets with data validation rules, proration and performance formula support, and eligibility capabilities. Eliminate unnecessary manual labor and complications. 
• Proration Management: Automatically handle and adjust calculations based on changes in employee profile data. 
• Targeted Incentive Compensation: Create and implement precisely targeted spot awards and short and long-term incentive strategies for multiple units, divisions and departments. 

Equity

• Long-Term Awards: Plan, recommend and track long-term award requirements from a single dashboard. View salary statements, e-sign grant agreements and leverage quick access to supportive documentation through the employee portal. Tracking capabilities include vesting schedules, holding reports and value tracking. 

Reward

• Employee Value Proposition: Offer a clear understanding of employee reward propositions on a single screen. Includes push rewards statements, custom group-centric notifications, employee usage statistics and desktop and mobile access to program administration. 

Limitations

•  Challenging integration with HRIS. 
•  Isn’t user-friendly due to several customization options. 

Suite Support