Pay for Performance made easyTalentSpace Compensation

A compensation system that truly links pay to performanceSaba TalentSpace Compensation is an award-winning solution that lets you introduce real accountability to your compensation plans and reward your workforce accurately and fairly, based on real, measurable performance. And that’s just for starters.

With TalentSpace Compensation, all management levels have a secure, simple-to-use tool for distributing merit-based compensation, including base salary, variable pay, promotions, lump sum awards, bonus pay, and stock options. It even automates budget distribution, approvals and tracking.

Get a simple, straightforward way to administer compensation and pay-for-performance programs.

Give managers their own compensation management portal and access to compensation history and performance data to make allocating compensation and pay-for-performance program budgets simple.

Provide employees with a more transparent and fair compensation process that rewards performance.

Integrate performance with compensation to ensure your organization gives all employees merit increases based on a detailed understanding of how they actually performed.

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“ I really like that we can view our compensation management processes in real-time to easily track progress and ensure compensation adjustments are on budget and on time. The system is straightforward. The automated workflow and email reminders mean we don’t have to chase managers to ensure tasks are completed.

LOUISE TROMP DIRECTOR, HUMAN RESOURCES, APNIC

Robust features that naturally drive talent management best practicesNow HR can work from a simple, straightforward and familiar interface to set up and manage compensation workflow, budget definition and approval, salary scales, merit matrices, bonus metric profiles and guidelines. Plus, see exactly where everything is at any point in time – with just the click of a mouse. Your managers will love these features too!

Deliver compensation programs truly based on performance

Use TalentSpace Compensation with TalentSpace Performance

to suggest compensation adjustments that automatically reflect

performance appraisal ratings and corporate guidelines. Managers

have the flexibility to apply a single value or ranges for suggested

merit increases.

You can also support your organization’s ability to manage variable

pay, drive differentiation in pay programs and provide the tools

managers need to identify, engage and retain high-performing

and high-potential employees.

Automate workflow and notifications

Follow a straightforward menu system to set up

sophisticated incentive and compensation management

processes. Then, choose the steps and approvals you

want and need.

An automated workflow lets you route all incentive and

compensation adjustment tasks and approvals to the

right people at the right time. Automated email reminders

keep things moving and prompt those who have tasks

that are past due.

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Automatic checks and balances keep things right

Rest assured. TalentSpace Compensation automatically identifies

and flags allocations that fall outside guidelines. Flagged

allocations show the proper guideline for both pay scale and

budget, allowing for effortless redress. This helps managers

adhere to merit budgets and guidelines.

Make decisions easily with variable pay and compensation management tools

Use the merit matrix to suggest merit-based pay-for-

performance adjustments, even factoring in actual

performance appraisal scores if you’re also using

TalentSpace Performance. Managers can view detailed

information about each employee, including compa-ratios,

past appraisals, market data, goals, development plans,

journal notes and guidelines for pay adjustments.

Managers can also automatically calculate incentive or

bonus payouts based on the achievement of any number

of individual, team and organizational objectives.

Get instant insights into compensation details

TalentSpace Talent View integrates with compensation

data to provide leaders with immediate insight into

compensation details including compensation, job

code, base pay, compa-ratio and percentage in salary

range. This insight allows HR and managers to quickly

identify employees that are above/below a selected

salary range or above/below a selected compa-ratio

and can then take action as required.

Activity tracker

Employees can stay on top

of all related activities with

a real-time status update

of feedback, approvals,

notifications and more, in

one central tracking panel.

Real-time reports

Get real-time reports for

processes underway, let

managers view their budget

distribution summaries,

compensation summaries

for each employee, and

compensation histories for

handy reference.

Payroll adjustments

Easily export all compensation

adjustments to your payroll or

financial system in a single,

automated step.

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“ Managers love it. We’ve only had positive feedback. It’s easy for them – they have fingertip access to critical data on each employee, which enables them to make staffing decisions, compensation decisions and focus on employee development. Furthermore, the HR department is no longer bogged down with copious amounts of paper for every employee when it comes to performance reviews, or new hire approvals.

LISA CORMIER-SMITH, GORHAM SAVINGS BANK, VP & HUMAN RESOURCE DIRECTOR

Everyone in the organization wins

HR pros

Get a simple, straightforward way to administer

compensation and pay-for-performance programs.

Employees

Get a more transparent and fair compensation

process that rewards performance.

Managers

Get their own compensation management

portal and access to compensation history and

performance data to make allocating compensation

and pay-for-performance program budgets simple.

C-Level executives

Can integrate performance with compensation to

ensure your organization gives all employees merit

increases based on a detailed understanding of

how they actually performed.

Every company says they want to engage, motivate and inspire their people. As we see it, the problem is not that they can’t – it’s that they don’t have the environment that really enables their top talent to thrive. Saba creates that environment, with talent development solutions that put people and teams in the driver’s seat of their own experience, while staying aligned to your business goals. And delivering deep performance insights that connect people to business success, like no one else can. Saba. The Talent Development Company.

© 2019 Saba Software Inc. All rights reserved. Saba, the Saba logo, and the marks relating to Saba products and services referenced herein are either trademarks or registered trademarks of Saba Software, Inc. or its affiliates. All other trademarks are the property of their respective owners.

(+1) 877.SABA.101 | www.saba.com 05/19

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The Saba Experience:

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“ We chose TalentSpace Performance with TalentSpace Compensation because it most closely fit with our reward-for-performance culture. Saba’s tools provided us with a high level of accountability for our managers, to help them defend their appraisal and compensation decisions to all members of our corporate compensation committee.

RON BATES, VICE PRESIDENT OF HR, HARBOR GROUP MANAGEMENT COMPANY