5 Common Misconceptions about Compensation Software
& the Actual Truth
HWC - Who Are We & What Do We Do?
• We specialise in designing and building software solutions for companies in the areas of:
o Reward & Remuneration – planning, implementing and modelling of all aspects of reward.
o Performance Management – setting, monitoring and tracking of performance goals and objectives, including their link to performance based pay.
o Talent Management – facilitating the attraction, retention and motivation of a company’s talent pool.
o Seamless integration of the above ALL IN ONE PLACE.• If you prefer, we assimilate your existing platforms and
processes and integrate them into one seamless service.• Whether you have an elite global talent pool of 100
executives or need to look after 100,000+ employees, a small dedicated team provides the same bespoke, even intimate service.
John & Claire – Who Are We & What Do We Do?
• John – Managing Director
• Claire – Client Services Director
5 Common Misconceptions about Compensation Software & the Actual Truth
• What are we going to talk about?• It’s hard enough already!• Audience involvement.• More questions than answers!• The HWC mission.
#1 – “Best Practice is the Best Solution”
• Best Practice OR Best Fit?• Technology is there to support you,
not to dictate your system specification.
• “Off the Shelf” vs “Bespoke”.• What do YOU need?
#2 – “What You Want = What You Need”
• Do you know want you want?• Bob knows best – he’s paying for it!• Where does your solution provider fit
in this?• What do YOU need?
#3 – “Everything Must Talk to Each Other”
• To integrate or not to integrate? Is that really the question?
• 2 examples of why we don’t believe so.
• What do YOU need?
#4 – ““Rip and Replace” is Necessary”
• Rip & Replace• “One Way or Another”• Avoid duplication nonetheless• What do YOU need?
#5 – “We Must All Live in the “Cloudy” World of IT”
• Jargon• Cloud Computing• Software as a Service (SaaS)• Understand what they really mean• What do YOU need?
Summary
• Nothing ground breaking.• Avoid the traps.• Don’t be put off at the start.• Don’t fall for the “yes man” supplier.• What YOU need.
Get in Touch
• As a thank you for lasting until nearly the end...
• How to contact us– www.hwcltd.com– [email protected]– [email protected]
