HR Compensation Management Software Company Empowers Business with Best HRIS Tools Posted on January 9, 2018 by Neil Morgan Chicago based SimplyMerit, a division of MorganHR, Inc., is making waves with its popular HRIS software, which is quickly becoming the most intuitive HR compensation management software on the market. When asked to describe what they do, MorganHR’s Managing Partner Neil Morgan said, “Annual merit allocation is a significant investment of both time and money for most organizations. Properly rewarding great performance is something most companies would love to embrace, but the process of doing so can be less than desirable. SimplyMerit allows you to optimize your merit spend while simultaneously engaging executives and empowering management. If you are a business looking to improve your human resources compensation management system, then SimplyMerit should be worth considering.” When compared to competing HRIS software vendors, SimplyMerit is leading the pack as it provides transparency, insight, governance, guidance, and collaboration throughout client Salary Planning and Annual Merit Cycles. The SimplyMerit cloud-based solution empowers managers to make informed compensation decisions, engages senior leadership with visibility and transparency throughout the planning and merit cycles, and enables HR to move from behind spreadsheets and out to the front lines with their managers. What Features Makes SimplyMerit Different? Collaboration: HR and senior leadership can monitor and collaborate with managers every step of the way using the powerful workflow and collaboration engine. Transparency: Requested compensation adjustments are visible all the way up the management hierarchy; approvals, adjustments, and rejections are always communicated to the impacted manager; special exception requests remain visible throughout the system. Governance: Every update is tracked in our system to ensure maximum auditability. Our security controls ensure that managers are only able to interact with their data and no one else’s. Configuration: Extensive configuration options allow HR to provide guidance to managers directly within the tool itself. These include base pay adjustments based on performance rating and position in range, overall average merit percentage, country-adjusted merit percentage, impact to budget, and many more. Analytics: SimplyMerit integrates with industry-leading Business Intelligence solutions to provide deep, rich analytics and custom reporting capabilities. Modeling: HR can utilize SimplyMerit to model the holistic impact of compensation adjustments during the planning phase. This aids in setting realistic and complete budget numbers, which are then tracked throughout the process in SimplyMerit. Who is MorganHR, Inc.? SimplyMerit is a division of MorganHR, Inc. and is said to be made up of an ideal blend of industry expert advisors and visionary designers working closely with an inspirational team of developers committed to delivering excellence in merit pay and bonus management software solutions. Their first solution, SimplyMerit, delivers a simple and elegant annual merit pay and bonus allocation experience for both HR and business managers. SimplyMerit is a transparent and intuitive cloud-based system, as part of MorganHR, Inc.’s overall industry-leading strategy advisory, that empowers managers to make informed merit and bonus recommendations. Together, MorganHR, Inc. and SimplyMerit span strategic advisory and HR program design with deep intention and drive to optimize the use of technology and analytics. To find out more about MorganHR Inc. and their HR compensation management offering, SimplyMerit, contact Neil Morgan and check them out at: simplymerit.com MorganHR, Inc. 230 W. Superior St. Suite 200-124 Chicago, IL 60654 847.719.9060 About the Author: Neil Morgan Neil Morgan is the Managing Director of MorganHR, Inc., a leading Human Resources consulting company and software provider. A technology proponent who is also passionate about process simplification, Neil led the creation of SimplyMerit to help leaders take control of and optimize their annual merit, bonus, and equity processes. SimplyMerit now forms the backbone of MorganHR’s Compensation Management solutions.