Cornerstone (Compensation)
Why get Cornerstone (Compensation) through PeopleSpheres ?
✓ A single point of contact for all our partners (implementation, account manager, support center, etc.)
✓ Only 1 contract for your entire HR ecosystem
✓ One global invoice
✓ A single interface to access with a single username and password
✓ Guaranteed integration maintenance
✓ Price is identical to that which is offered directly from the partner; no additional cost
If you already have a contract with Cornerstone, you can purchase our “Cornerstone <> PeopleSpheres” connector and integrate Cornerstone to your other tools through PeopleSpheres.
Solution
Cornerstone Compensation helps organizations promote employee empowerment, productivity, and retention while assisting them in focusing on strategic goals to be effective. Companies are constantly seeking to optimize their human capital management through integrated compensation solutions and ERP systems. Cornerstone Compensation adapts to the requirements of all companies, from the largest to the most diverse. It offers optimal payroll management with the production of payslips, expense reports, and compensation, for example. Regarding compensation, Cornerstone generates compensation plans that motivate and retain top performers while streamlining and automating the most tedious compensation processes.
The main features of the Cornerstone Compensation software:
- Compensation and salary planning
- Payroll and performance data
- Calculation of compensation ratios
- Coordination of all types of compensation programs
- Streamlining planning and automating manual processes
- Incentive management
- Creation and administration of various incentive programs
- Tracking corporate guidelines for managers
- Support for complex stock management regulations
- Stock rewards
- Budgeting and reporting
- Support for various budget scenarios
- Increased transparency and visibility
- Retrieval of essential data regarding adjustment guidelines
- Accurate compensation reports for the entire organization
- Performance-based compensation
- Aligning compensation with employee goals and performance
- Identifying top performers and awarding rewards
- Improving employee performance
- Rewarding positive results and behaviors
What you get by using Cornerstone (Compensation) through PeopleSpheres
The main advantage of this solution lies in its ability to seamlessly align compensation with payroll performance, ensuring fair and motivating remuneration. This strategy enables HR directors to retain top talent and contribute to better workplace productivity.
Thanks to this solution, our clients benefit from strategic management tailored to their operational structures.
Employee Engagement
Cornerstone fosters a work environment where each employee clearly understands the link between their performance and their compensation. This not only increases motivation but also overall engagement at work. Cornerstone takes individual motivations seriously and incorporates them into its compensation plan. This strategy, which is not only competitive but also fairly distributed, ensures that employees who meet and exceed objectives are justly rewarded.
Regulatory Compliance
The solution ensures flawless compliance with various compensation regulations, thereby reducing the risks of litigation and legal complications. By automating processes and providing accurate reporting systems, the solution ensures compliance with local and international legislation. This minimizes the risk of penalties and enhances organizational integrity by ensuring transparent and fair compensation management.
Advanced Analytics
The Cornerstone platform offers advanced analytics capabilities that allow companies to deeply understand compensation trends and individual performance. These tools help identify wage imbalances, adjust compensation strategies, and optimize overall spending. These analyses enable data-driven decisions, increasing the effectiveness of compensation strategies.
Automated Processes
Automating compensation processes with Cornerstone eliminates manual and repetitive tasks, reducing human errors and increasing efficiency. This frees up HR department resources to focus on more strategic initiatives, such as talent development and improving internal policies. Automation also contributes to an improved user experience for administrators and employees.
Seamless Integration
By choosing Cornerstone via PeopleSpheres, companies benefit from seamless integration with other HR tools. This integration allows for unified management of data and processes within a single platform. The centralization of information facilitates employee management and improves data accuracy, which is crucial for compensation analysis and planning.
Company
For over 20 years, Cornerstone has been striving to provide every employee with the tools to realize their potential in their professional life and beyond.
To achieve this mission, Cornerstone applies these principles first and foremost within its own teams. Each employee works in a diverse environment based on equity and inclusion. The needs of each employee are listened to, understood, and supported.
Today, more than 7,000 organizations worldwide place their trust in Cornerstone. With several decades of experience and a comprehensive offering, Cornerstone has already attracted over 100 million users in 180 countries and 50 different languages.
