Talent Productivity Platform

Unify all your talent acquisition and talent management processes into a single, collaborative workspace that reflects your unique talent strategies, culture, and employer brand

Recruit

Amplify productivity, engage hiring managers, and craft winning candidate experiences


Develop

Build a motivated talent pipeline through career development and succession planning


Perform

Balance appraisals, goal setting, and competency assessments with ongoing feedback


Reward

Design, model, and execute end-to-end compensation programs


Healthcare

Elevate patient experience as an employer of choice

Manufacturing

Close the skills gap and drive efficiency, quality, and productivity

Financial Services

Transform talent strategies into the engine for business success

Retail

Attract and retain high-volume and specialized talent

Scotiabank Centralizes Their Worldwide Compensation System, Reducing Risk and Costs

Scotiabank chose PeopleFluent Salary and PeopleFluent Incentive to deliver accurate payments and centralized data, allow access from anywhere in the world and reduce the risks of manual error.

Business overview and goals

Scotiabank wanted a centralized, error-free compensation process and wanted to stop using spreadsheets to process their annual executive comp processes, with the critical goal of supporting multiple currencies and employees across fifty countries.

The Solution

Scotiabank chose PeopleFluent to deliver accurate payments and centralized data, allow access from anywhere in the world and reduce the risks of manual error. Scotiabank dramatically reduced the planning time spent on compensation decision-making process from over one month to just ten days.



Scotiabank is powered by

Results

  • The implementation of their compensation initiative occurred very rapidly.
  • The scope of the project included two different organizations within Scotiabank, 11 bonus plans, 4 stock plans and 2 salary plans.
  • The entire rollout took place within a six-month period.
  • Scotiabank staff did not require extensive training during the deployment stage; 30 to 40 minutes of instruction on how to use the system proved sufficient.
  • Scotiabank has been able to dramatically reduce the amount of overtime and has trimmed their compensation decision-making process drastically.