Attract, motivate, and retain workers in alignment with financial goals.
The right mix of compensation, incentives, and benefits can help attract the right people, motivate your workforce, and retain top performers. But myriad moving parts force spreadsheet-driven compensation models that rely on estimates. Make a mistake and workers leave, money is wasted, or goals are missed.
Planful helps you develop accurate, data-driven compensation analysis based on real-time business and financial data. Put organizational goals and at the center so you can build a workforce plan that supports business demand while granularly modeling the costs and investments needed to get there. Use complex and varying combinations of equity, incentives, bonuses, benefits, and more to accurately model costs and plan ahead, and then benchmark against the competition and others in your sector.
Gain real-time insights into compensation across roles, regions, titles, and more. Use granular compensation analysis to increase retention and improve Diversity, Equity, Inclusion, and Belonging (DEIB). Analyze base versus incentive compensation and benchmark against peers.
Connect performance with workforce plans to justify compensation models, fill gaps, and increase competitiveness. See how overtime impacts profitability and new hiring affects long-term goals. Work from the same data to ensure accuracy and alignment.
Create fair, data-driven compensation plans that motivate workers and drive success. Consider the end-to-end impact of market trends, skills gaps, training, and worker expectations. Collaborate with finance and accounting teams to align compensation and financial goals.
Use real-time data to analyze compensation plans against actual business performance. Compare compensation models against sales forecasts and revenue actuals to guide long-term planning. Provide benchmarks to justify shifting compensation to support business goals.Learn more
Integrate workforce plans, compensation models, and financial goals in a single source of truth. Model compensation using accurate workforce costs and flexible scenario plans. Collaborate with the business as demands change, trends shift, and costs vary.Learn more
Use financial goals to model accurate compensation plans based on current market realities. Collaborate with the business to weigh potential financial outcomes. Align capacity plans with compensation models for a 360-degree view of profitability and workforce costs.Learn more