Global Compensation in Banking

Anaplan for Global Compensation in Investment Banking

Historically, when running spreadsheet-based tools to manage employee compensation, HR teams struggle with the following challenges:

• Organization complexity and diversity of compensation models across countries
• Scalability of the process, managing thousands of employees’ data
• Modeling deferral calculations and maintaining compensation rules over time

The fallout from these challenges often results in labor-intensive and error-prone processes, tied to difficult-to-maintain spreadsheets, and raises management concerns about trust in the data and calculations, and their associated risks.

Download the Executive Overview to discover how Anaplan offers investment banks a unique solution for managing the compensation of their employees—no matter where they are globally, in addition to allowing HR to predict global compensation costs, monitor compensation rules, and make changes to models on-the-fly.