HCPM Features
HCPM Global Payroll
Payroll is a highly localized function for any organization and it involves compliance with the accounting legislation, regional languages, currencies and time zones in its country of operation. These factors have been the main inhibitors preventing firms from moving to a global operation and has led many companies to maintain a relatively broad and bottom heavy payroll organization.
A distributed payroll environment has a huge technology acquisition and maintenance cost as the disparate systems run into various platforms and technologies. A lot of these systems also require yearly upgrades and patches to stay compatible with the every changing labor and tax laws of a country.
Steeples HCPM Payroll delivers a highly flexible and configurable framework which can molded to provide an optimized global process with local flexibility. Steeples HCPM Payroll is powered with an Expression Evaluation Engine (EPE) that allows the end user to invoke methods, define conditions and expressions leading to payroll results. The user defined expressions are compiled at the definition stage highlighting errors and providing an accelerated runtime.
HCPM Performance Management
Organizations expect the employee performance management cycle to be a collaborative, ongoing and strategic process. The objective is to build high performance culture where employees are focused and aligned to organizational goals and deliver exceptional results. HCPM Performance Management helps you to align an organization’s goals and measure employee progress in pursuit of these goals. The system functionality allows organizations to develop a performance management plan, setting employee objectives, assessing the objectives, provide performance reviews and feedbacks, and rewarding the employee based on the performance score. The functionality includes objectives cascading, forced ratings, 5 point scale system for performance ratings, performance reviews, etc.
HCPM Compensation
Steeples Compensation allows you to build multiple two dimensional compensation models and apply simulations on these models using Steeples Expression Evaluation Engine (EPE). The system provides the simplest approach to supporting compensation budgeting for your organization. The functionality extends towards comparison of the simulations with user defined market Models.
HCPM Career Planning
Steeples Career Planning is designed to help you identify and develop manage broader talent pools.
The system allows you track and manage talent across your whole organization and highlights gaps in your talent pools so as to address them.
Steeples Career Planning creates Career Paths and Create Career Plans for Employees. The system allows you to create multiple career moves and allows to identify and develop employees to fill the right roles. The system allows career plans to be aligned with the career aspirations of your employees and needs of business. The system allows to create a user defined 9-Box rating grid for evaluating talent.
HCPM Succession Planning
Steeples Succession Planning is designed to help you identify and develop successors for the key positions of the organization.
Steeples Succession Planning brings together all of the data required to support effective succession planning. The system provides enterprise wide view of the skills, competence, performance and ambitions of your employees and provides guidelines you need to make informed decisions about succession planning.
The system allows you highlights gaps and potential risks in your succession plans so you can decide how to address them.
The system allows to create a user defined 9-Box rating grid for evaluating talent.
