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FocalPoint Three, the Bonus Planning Tool, is a web tool that can greatly enhance your Bonus cycles through robust planning and modeling features. Create an unlimited number of plans in managing compensation – effectively organizing the Compensation cycle. Model your budgets quickly and easily to see the financial impact of changing factors.
Develop Multiple Salary Plans
- Define organizational virtual groups
- Group employees by Job, Grade, Unit, Country, etc
- Attach groups to ranges and guidelines
- Define Bonus for Grade, Location, Tier, Job or any combination
- Define Bonus Targets by Percentage, Currency or unit value
Admin Controls
- Complete role and view security access controls
- SQL script creations and execution for added control/visibility
- Simple data import and export controls allows flexibility
Model Plans
- Define Bonus Modifies
- Assign to groups
- Create models to apply to your population in what-if scenarios
- Adjust budgets with a holdback or adjustment at any level
Reports
- Standard reports available
- Custom reports
- Export easily to spreadsheets
- Ad-hoc reporting with built-in report writer
