PeopleFluent Recognized as Overall Leader for Compensation Solution’s Strength, Depth and Flexibility in Ventana Research 2016 Total Compensation Management Value Index
PeopleFluent Leads All Vendors in Manageability of Compensation Product
WALTHAM, Mass. —December 14, 2016 — PeopleFluent, a leading human capital management technology company, today announced the company has been recognized as an Overall Leader for its Compensation solution’s strength, depth and flexibility in Ventana Research’s 2016 Total Compensation Management Value Index report. This report is the only quantified, research-based index evaluating compensation technology vendors and products.
"PeopleFluent’s total compensation management solution is able to not just plan but actually manage and execute compensation processes from HR to managers," said Mark Smith, CEO and chief research officer of Ventana Research. “The company’s highest score is in Manageability thanks to its focus on administration of the compensation process. It demonstrates connectivity from compensation to other applications in its talent management suite of applications including recruiting, performance management and succession planning.”
Ventana Research evaluated nine vendor products in seven evaluation categories, five that evaluate the products' ability to support the breadth and depth of compensation processes and two that address vendor validation and total cost of ownership/return on investment. PeopleFluent is highlighted in the report for consistently improving its application across all areas since the 2014 version of the report in which PeopleFluent was also rated a Leader.
PeopleFluent led all vendors in manageability of its Compensation product and scored in the top three in all remaining categories including Usability, Reliability, Adaptability, Capability, Validation, and TCO/ROI. PeopleFluent Compensation provides tools that compensation professionals use to configure their salary, incentive, stock, and LTI plans in the system to administer their reward processes. Embedded business intelligence, video and analytics guide managers as they make discretionary decisions to effectively communicate rewards to attract, retain, engage and motivate employees.
The Total Compensation Management Value Index reports that an investment in total compensation management software is a strategic step toward advancing human capital management. It cites that almost three-fourths (72%) of organizations said that it is important or very important to have a total compensation management system.
“PeopleFluent is pleased that Ventana Research has once again recognized PeopleFluent as an Overall Value Index Leader in automating compensation and rewards,” said Charles S. Jones, CEO and chairman of the board, PeopleFluent. “As noted in the report, PeopleFluent’s manageability gives organizations flexibility to automate their rewards programs on their terms. We’re pleased to offer a global solution that let our clients do so.”
The Total Compensation Management Value Index assesses software for compensation processes that support the role of an employee, manager, compensation administrator, human resources leader, finance and IT professionals for serving HR processes including recruiting, performance appraisal, budgeting and succession for both hourly and salary workers.
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PeopleFluent, the leading total workforce HCM technology company, redefines Talent Management with an innovative Talent Engagement Cloud that is built around people and not HR processes. By deeply integrating pervasive video, strategic analytics and collaborative social technologies into its complete suite of Talent Management applications, PeopleFluent redefines employee engagement to address productivity loss and diminished financial results due to an increasingly disengaged workforce. With PeopleFluent, companies can change at the speed of business without costly IT interventions through intuitive, highly configurable software that is built upon the right data. Spanning across an organization’s entire global workforce with one talent cloud, PeopleFluent equips leaders with the meaningful talent data and strategic analytics necessary to make better business decisions.
PeopleFluent has worked with over 5,100 organizations in 214 countries and territories to engage employees to drive better business results. Today, 80 percent of the Fortune 100 relies on PeopleFluent as part of their talent management delivery strategy, helping them successfully achieve their talent aspirations.