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Average Ratings 0 Ratings

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ease
features
design
support

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Write a Review

Description

Since 1985, we have focused our expertise on enhancing both productivity and profitability for businesses by effectively designing and managing incentive programs that leverage lean principles in sales and compensation. Our software dedicated to sales force compensation management is utilized to oversee the compensation of over 70,000 sales professionals around the globe. You can effortlessly create various compensation plans, conduct analyses on their impacts, and implement them for your sales team. Our precision stands at an impressive $100 for every $1,000,000, reflecting a Six Sigma level of accuracy, eliminating uncertainties in your compensation strategies. Define your commission structures in just minutes, input competitor offerings, and effortlessly generate comparative graphs. This enables you to demonstrate to potential recruits that while another company's plan may seem appealing, it may not be as beneficial as it appears. You can confidently recruit or retain talent at any time! By integrating the Lean Six Sigma Process, you can connect every member of your organization, fostering seamless collaboration across all departments. Our methodology is rooted in the sales force, ensuring that improvements begin where they matter most. Ultimately, our goal is to empower organizations to thrive with well-informed and strategically aligned compensation plans.

Description

Forward-looking total compensation management begins with the innovative compensation software from Willis Towers Watson. This leading-edge software integrates interactive compensation information, job classification, and detailed compensation analytics and design, enabling organizations to foster a performance-based culture that not only attracts top talent but also enhances employee engagement and retention. To effectively navigate the complexities of compensation program development and management, businesses require user-friendly technology, robust data, and insightful analytics. The Willis Towers Watson Compensation Software empowers you to grasp the overarching trends while allowing you to delve into specific details, addressing various strategic inquiries related to competitive pay structures. Moreover, it provides the necessary tools to take decisive actions. Streamline the evaluation of competitive remuneration for all benchmark roles, scrutinize and interpret diverse sources of compensation survey data, and verify that your organization is offering competitive salaries to secure the best talent available in the market. In doing so, companies can strategically align their compensation practices with industry standards and improve overall workforce satisfaction.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

TalentQuest No 

Integrations

TalentQuest Yes 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial Yes 
Free Version No 

Deployment

Web-Based No 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows Yes 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support No 

Customer Support

Business Hours Yes 
Live Rep (24/7) Yes 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) No 
In Person Yes 

Vendor Details

Company Name

CompensationMaster

Website

www.compensationmaster.com

Vendor Details

Company Name

Willis Towers Watson

Founded

1841

Country

United States

Website

www.wtwco.com/en-US/Solutions/products/willis-towers-watson-compensation-software

Product Features

Commission

Affiliate Management No 
Agency Commission No 
Commission Calculations No 
Commission Scheduling No 
Commission Tracking No 
Compliance Management No 
Flat Commissions No 
Incentive Programs No 
Multi-Tiered Commissions No 
Percentage Commissions No 
Sliding Scale Commissions No 
Split Commissions No 

Compensation Management

Bonus Management No 
Compensation Assessment No 
Compensation Calculation Yes 
Compensation Plan Modeling Yes 
Compensation Statements No 
Employee Reward Programs Yes 
Incentive Programs Yes 
Organizational Charting No 
Salary Planning No 

Sales Performance Management

Incentive Compensation Management (ICM) No 
Predictive Sales Analytics No 
Quota Management No 
Reporting / Analytics No 
Sales Coaching Analysis No 
Sales Gamification No 
Sales Performance Tracking No 
Sales Planning & Forecasting No 
Territory Management No 

Product Features

Compensation Management

Bonus Management Yes 
Compensation Assessment No 
Compensation Calculation Yes 
Compensation Plan Modeling Yes 
Compensation Statements Yes 
Employee Reward Programs No 
Incentive Programs Yes 
Organizational Charting Yes 
Salary Planning Yes 

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