Sophisticated Software Can Identify and Reward the Most Valued Employees, Not Just High Performers
HRchitect featured Saba in our May 2008 release of The Suite Life of Integrated Talent Management and also includes them in our list of top Talent Management Systems and top Learning Management Systems vendors that businesses should consider. Saba participated in the Learning Management Systems panel on June 10, 2009 as part of theHRshow. A.G. Lambert, the VP of Marketing with Saba appeared on the HRchitect WebMingle on August 14, 2009.
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Saba, the premier people management software and services company, today announced the general availability of Saba Compensation, an easy-to-use software solution that drives more informed compensation decision-making by providing a comprehensive view of employee success. The sophisticated approach of Saba Compensation enables both compensation professionals and individual managers to make smarter spending decisions that improve performance, productivity, and talent retention rates. Among the innovations: direct access to multiple measures of success from within the compensation allocation tool, providing the ability to identify value beyond the performance review score.
Unlike today’s compensation solutions, Saba Compensation goes beyond simple pay-for-performance processes that focus only on formal review scores. Instead, Saba Compensation provides decision-makers with a rounded view of each individual by surfacing data from multiple people management processes. This helps identify employees in critical roles, high potentials, “team players,” and even those that contribute to knowledge sharing in today’s collaborative companies. The solution also includes ways to better engage employees by enabling them to surface their own reward preferences, which further boosts talent retention rates among valued employees. A number of Saba customers participated in early previews and user testing of these innovations, including Sydney Water and Graham Group, Ltd.
“Saba Compensation is very intuitive and easy to use,” said Paul Adams, reward and recognition manager at Sydney Water, Australia’s largest water and waste water utility, and a multi-award-winning employer. “We’re very pleased with Saba’s solution, which supports our know-how approach and our flexible and family-friendly work environment.”
“We need a compensation solution that not only helps us achieve compliance with our salary program guidelines, but can also help us link the accomplishments of work plans to bonus and pay increases,” said Laird Beatty, director of human resources at Graham Group, Ltd. “We want to directly motivate employees to align their work plans and performance with our compensation plans. That’s why we chose to add Saba Compensation to our existing Saba people management platform.”
“For our customers, a compensation offering that is merely a compensation worksheet for managers won’t do,” said Bobby Yazdani, chairman and CEO, Saba. “Saba Compensation incorporates elements of employees’ performance and value to the organization in a sophisticated way that no other compensation offering can.”
Saba Compensation is available now as part of Saba’s unified people management solutions, delivered either on-demand or on-premise.
For more information on Saba, please visit www.saba.com
Matt Lafata, HRchitect
Posted by mattlafata 