Artificial & human intelligence in compensation software – How to achieve the right mix (HWC)

Artificial and Human Intelligence in Compensation Software

 How to achieve the right mix?

John Thrower – Managing DirectorClaire Bedwell – Client Services Director

HWC - Who Are We & What Do We Do?

HWC delivers co-created bespoke solutions, so you can plan, model and implement comprehensive reward programmes.

HWC - Who Are We & What Do We Do?

We make managing compensation simple, so you can design and implement programmes that have the biggest

impact.

HWC - Who Are We & What Do We Do?

We believe you should never have to adapt your processes or ambitions to the limitations of standardised software.

HWC - Who Are We & What Do We Do?

It’s your solution, built without compromise.

“Lies, Damned Lies and Statistics”

✘Most systems are complex to implement and manage.✘There was a significant gap between the approach to compensation inherent in the system and our company’s approach.✘Buggy and difficult to administer. ✘The functions available are rudimentary.✘The compensation module is not designed to support our global processes.✘It houses only minimal information and provides no analytics.✘We have a very bare bones system until our next upgrade with little to no customization available to us.✘All we can really say is that it works to the minimum specifications.✘We had to do several workarounds.✘Core HRIS and Benefits = Satisfied but Compensation is Dissatisfied; Talent Management is Dissatisfied.

✔ Transparency.✔ Consistency – all users access the same source data.✔ Auditing and tracking.✔ Data analysis & reporting.✔ Automation of labour intensive processes.✔ Mitigation of human keying errors.✔ Increased efficiency.✔ Increases accuracy of data.✔ Real-time control of the process.✔ Reward team members can focus more on what they are paid to do, rather than be over-qualified data entry clerks.

How to achieve the right mix?

How does this apply to YOUR use of technology in compensation?

Summary

And Finally

HWChwcltd.com

Claire Bedwell01392 445995clairebedwell@hwcltd.co.uk

John Thrower01392 445995johnthrower@hwcltd.co.uk

Q + A?