"Maximizing Efficiency and Effectiveness - Integrating Global Compensation Processes (bonus and merit) into One HRIS at GEA"

Key Take Aways:

Integrating global compensation systems into one HRIS can simplify processes and enhance efficiency and effectiveness. An integrated HRIS can assist with the administration and management of bonus plans and salary review process, ensuring consistency and accuracy across countries. Balancing requirements of a standard global process with countries-specific requirements.

GEA’s experience integrating their global compensation systems into an HRIS highlights the benefits of this approach, including increased efficiency, transparency but also challenges in managing global compensation programs.

Niko Lymberopoulos, Vice President Total Rewards & Mobility, GEA Group AG
Andreas Klug, Manager Total Rewards & Mobility, GEA Group

Datei:GEA Logo 2022.svg – Wikipedia

MORE VIDEOS

The Benefits of Structured Incentives - How to Align Performance with Pay

Investing in Employee Wellbeing - HPE's Global Wellness Programs

How We Raised the Bar on Compensation and Benefits with a Company-Wide Review

We would be pleased to welcome you at the Total Rewards Reloaded. Secure your ticket here: