Laserbeam Software | Compass Cloud | Compensation Management

 
 
 

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Laserbeam Software

Compensation Management

DNA: EASY | EFFECTIVE | EFFICIENT

Modelling | Analysis

 

Description

Compass Cloud is a secure, Software as a Service (SAAS) compensation management tool designed to make the process of administering employee compensation easier than ever before. At the lowest costs available anywhere, HR managers can plan their Merit budgets and set guidelines for line managers on merit, adjustments, lump sums and promotions. With Annual Planning, modeling and distribution of Salary Increases and Bonuses.

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Product Info

Category

Compensation Management, Specialised Analytics

Status

Published on 22 Jun 2019

User Rating

★★★★★

DNA

EASY | EFFECTIVE | EFFICIENT

Key Industry

Finance, Manufacturing, Healthcare

Company Size

501-1000 | 1001-5000 | > 5000

Platform

Web-based

Regional Coverage

APAC, USA

Language

English

Pricing

Monthly Subscription, Annual Subscription

Starting From

SGD 10 per employee per month
SGD 6,666 up to 500 Employees per annum

Support Available

Hotline, Email

 

Features

✓ Merit

✓ Lumpsum

✓ Promotion

✓ Adjustment

✓ Workflow

✓ Budget plan

✓ Admin & Manager dashboard

✓ Merit matrix

✓ Bonus

✓ Bonus matrix

✓ Performance - self & team

✓ Career Profile

✓ Succession planning

✓ Modelling

✓ Dependency Analysis

✓ Forecasting



 

What People Like

✓ Performance Management

✓ Time and Attendance Management

✓ Rewards & Recognition

What to improve

✓ Improvements to interface such as a new and interactive voicebot

✓ Increased aglorithm based processes in Talent Acquisition & Employee Retention

✓ Enhancement to new modules such as travel, employee engagement surveys

 

 

Testimonials

 

“The pace of implementation was speedy, and the delivery of the product happened exactly in congruence with the predefined timelines. Moreover, the adoption rate for the system across the organization was strikingly high.”

Prashant Parashar, CHRO, Emcure

“At Adani Wilmar, our vision was to have an HRMS that is intuitive, comprehensive, and easy to use. With Darwinbox, we have moved a step closer to achieving all that we desired for. Not only has the mobile app helped our remote workforce get aligned with our business goals & requirements, but the Darwinbox team has also been our rock throughout the process. They enabled us to go live with Core, Leaves, and Attendance modules in just 10 weeks.”

Satyendra Gaur, CHRO, Adani Wilmar

“Refreshing to see an HRMS software which is simple, intuitive and easy to navigate. We wanted technology to work for us and make our processes more robust. The platform provided us with the flexibility to build modules customized to our internal requirement.”

Sohini Dutt, Director and Head Human Resources, Nivea

 
 

 

Video

 
 

 

Resources

 

 

More on the Product

Integration

Yes. Our compass product delivers standard APIs that can be integrated with leading HRMS system.

Implementation Time

Immediately after purchase, 3-5 working days

Security

The Software is hosted on AWS cloud. The application is secure with 256 bit encryption and have undergone necessary independent penetration testing. We are also GDPR compliant to support our European requirements.

 
 

 

Contact Laserbeam

 
 

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