Functions

Job Openings

First, determine who can actually be compared

To ensure transparent compensation, it is not enough to compare employees based on their job titles. It is important to determine who is performing the same work or work of equal value.

SmartFP will help HR create a standardized job structure and rules for objectively comparing job positions.

Benefits for HR: You’ll know which positions to compare and what criteria to use.

Comparable Groups

Group together positions that can be compared in terms of job value.

Performance Evaluation

Evaluate the level of expertise, responsibility, difficulty, and working conditions.

Job Classification

Classify the jobs into uniform categories according to the established rules.

Job Description

Use the data from the Job Description module as a basis for evaluating positions.

Pay Grades

Classify the positions according to their value and difficulty.

Pay Scales

Set the minimum, median, and maximum for each class.

Compensation Criteria

Define objective rules that determine the amount of compensation.

Change History

Track changes in pay grades and compensation settings over time.

Compensation Structure

Set clear rules explaining why the position is compensated in this particular way

You can set an appropriate pay scale for each group or class. This provides HR with a uniform framework for starting salaries, pay adjustments, and internal comparisons.

Result for HR: Instead of individual pay scales, you have a uniform and transparent compensation structure.

Objective reasons

It’s not enough just to see the difference. Do you need to know why it was created?

A difference in compensation does not necessarily indicate a problem. It may be related to seniority, experience, performance, or another objective reason.
SmartFP allows you to systematically record and document these reasons.

Result for HR: For every significant deviation, you know whether it has an objective explanation or requires further review.

Experience and Seniority

Take into account relevant experience and career level.

Performance

Record any documented discrepancies related to work results.

Expertise

Take into account qualifications, certifications, or specific knowledge.

Reason for the Difference

Keep a record of the reason, approval, documents, and the date of the next review.

Gender Pay Gap

Compare the pay of women and men in comparable groups.

Mean and Median

Find out how an employee compares to their peer group.

Pay Scales

Identify employees who fall below or above the set range.

Risk Deviations

Highlight the differences that require further review or explanation.

Payroll Analysis

Spot the differences before they become a problem

SmartFP compares compensation across comparable groups and shows HR where significant differences or unusual situations arise.

It’s not just a table of numbers. HR can immediately see where to focus their attention.

Benefits for HR: You don’t have to sift through hundreds of lines. The system directs you to the groups and cases that need to be addressed.

Employee Requests

When an employee asks a question, you have a clear process in place

An employee simply requests the information, and HR has the entire processing procedure under control.

Benefits for HR: Applications don’t get lost in emails, and each one has a clear status.

A Simple Form

The employee selects the type of information needed.

Pre-filled data

The position and available personal information will be filled in automatically.

Evaluation

SmartFP will generate the necessary values and comparisons.

Answer

HR will review the results and prepare the final response.