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What is Willis Towers Watson Compensation Software?

Innovative compensation management for the future is initiated with the advanced compensation software developed by Willis Towers Watson. This state-of-the-art software harmonizes interactive compensation details, job categorization, and comprehensive compensation analytics and design, allowing organizations to cultivate a culture focused on performance that not only draws in elite talent but also boosts employee engagement and retention. In order to proficiently tackle the challenges associated with the creation and management of compensation programs, organizations need intuitive technology, comprehensive data, and valuable analytics. The Compensation Software from Willis Towers Watson equips you to recognize broad trends while enabling you to explore specific facets, addressing a range of strategic questions concerning competitive pay frameworks. Additionally, it offers essential tools to enable prompt decision-making. By simplifying the assessment of competitive pay for all benchmark roles, analyzing and interpreting a variety of compensation survey data, and ensuring your organization is providing attractive salaries to attract the finest talent, businesses can effectively align their compensation strategies with industry benchmarks. This alignment not only enhances overall workforce satisfaction but also establishes a strong foundation for long-term organizational success. In this way, companies can better position themselves in the competitive landscape.

What is Aeqium?

Aeqium serves as a comprehensive hub for HR teams and managers, merging essential data and insights to facilitate quick and informed decisions regarding employee compensation. The platform promotes merit-based evaluations and encourages collective decision-making around pay, while also providing an efficient means of documenting results through streamlined workflows. With the capacity to conduct performance reviews efficiently, managers are able to redirect their focus towards fostering business growth. Aeqium enables organizations to create attractive compensation packages that align with budgetary constraints, ensuring equitable pay and promoting transparency for all employees. Users can easily analyze the effects of their compensation structures on recruitment and retention, simulate potential modifications, and make necessary adjustments seamlessly. Moreover, Aeqium delivers automated insights into team compensation, compiling salary, variable pay, and equity data in one convenient interface. With just a few clicks, organizations can examine compensation patterns across different departments and job roles, which leads to more informed decision-making and proactive measures to reduce employee turnover. By utilizing Aeqium's features, businesses can significantly improve their compensation frameworks while fostering a workplace culture rooted in equity and openness. This not only helps in attracting top talent but also in retaining valuable employees, ultimately contributing to long-term organizational success.

Media

Media

Integrations Supported

TalentQuest

Integrations Supported

TalentQuest

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Willis Towers Watson

Date Founded

1841

Company Location

United States

Company Website

www.wtwco.com/en-US/Solutions/products/willis-towers-watson-compensation-software

Company Facts

Organization Name

Aeqium

Company Website

www.aeqium.com

Categories and Features

Compensation Management

Bonus Management
Compensation Assessment
Compensation Calculation
Compensation Plan Modeling
Compensation Statements
Employee Reward Programs
Incentive Programs
Organizational Charting
Salary Planning

Categories and Features

Commission

Affiliate Management
Agency Commission
Commission Calculations
Commission Scheduling
Commission Tracking
Compliance Management
Flat Commissions
Incentive Programs
Multi-Tiered Commissions
Percentage Commissions
Sliding Scale Commissions
Split Commissions

Compensation Management

Bonus Management
Compensation Assessment
Compensation Calculation
Compensation Plan Modeling
Compensation Statements
Employee Reward Programs
Incentive Programs
Organizational Charting
Salary Planning

Human Resources

360 Degree Feedback
Applicant Tracking
Attendance Management
Benefits Management
Career Development Planning
Compensation Management
Compliance Management
Employee Database
Employee Lifecycle Management
Onboarding
Payroll Management
Performance Management
Recruiting Management
Self Service Portal
Succession Planning
Time & Attendance Management
Time Off Management
Timesheets
Training Management

Portal

Chat
Collaboration
Content Management
Document Management
File Sharing
Search

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