Benefits of the GreenLight
Compensation Management System
SilkRoad technology's compensation management system, GreenLight, will help you apply technology to maximize your human assets. GreenLight is delivered as a Web-based tool that focuses on ease, minimizes training, encourages process completion, and offers the flexibility to perform tasks from anywhere in the world. GreenLight's incentive management benefits to your organization include:
- Deliver a true pay-for-performance culture with direct correlations between performance and compensation. GreenLight provides you with the ability to increase variable compensation as a percentage of an employee’s total compensation, enabling you to reward top performers accordingly. Your employees will be happier and your organization will see the results!
- Gather objective criteria for assessing employee performance with appraisals that can now be meaningful and tied directly to compensation (pay-for-performance) vs. previously being perceived as not having a direct bearing on compensation.
Get timely and accurate performance data that will give you access to real-time reporting on compensation pool status and other flexible features.
Save time and money with easy tools that conform to corporate guidelines and enable all managers the power and guidance to manage compensation easily. You will be able to ensure on-time compliance and completion with the ability to control the compensation process and deadlines.
Easily review compensation pools and automatically disperse them based on corporate pay scales and performance data. And because GreenLight is deployed as a Web-based hosted solution, there is no need to install or maintain additional hardware or software.
Consistently award merit award across your organization with GreenLight, which helps to centralize and manage compensation equally, giving a once disorganized and disjointed system a standardized order. Compensation will just make more sense!