To Up Your Total Rewards GAME in 2022 you are going to need a complete view of your company’s largest expense, Total Rewards.
Which means it’s time to… GATHER!
The Total Rewards function is still on its digitization journey. While it has started in most organizations, it has created a hugely fragmented landscape, that differs in maturity and capability, as well as across regions, business units, and reward components.
The “local” nature of Total Rewards administration has resulted in:
* Multiple HRIS implementations
* A Myriad of compensation management and planning systems
* Various local Benefit vendor, enrollment, and broking solutions set amongst a changing landscape of wellbeing needs
* Rise of spot-recognition forms of reward
* Several point solutions or providers managing Share plan(s) and pension administration
* and, of course, numerous spreadsheet files and many other methods!
It is simple, if you cannot easily see aggregated views of that spend, you cannot control it or gain insights!!
uFlexReward takes a partnership approach with you, leveraging templates, seamless innovative interface technologies and our proprietary reward policy rules engine, to GATHER reward policies and data (and your exceptions to rules!) to rapidly configure a complete, real-time, consistent, and normalized database, indexing all total reward components.. This results in evidence-based decisions around your entire spend on total reward. With uFlexReward, you can answer those challenging questions of “how much” we spend on any specific reward around the world. You now have insights and control over the largest global spend in your organization.
With all your Total Reward data Gathered, you are ready to Analyze and Model your Total Rewards program, while you Engage your employees, based on a trusted and complete data set.