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Development of a Compensation Management Platform for Streamlined HR Workflows

launchpadlab.com

Human Resources

Information technology

Challenges in Manual Compensation Allocation Processes

Organizations struggle with inefficient, manual spreadsheet-based systems for managing merit reviews, bonuses, and promotions. Existing HR software lacks affordable, user-friendly interfaces that enable centralized budget control, real-time allocation updates, and seamless request/approval workflows for performance-based compensation.

About the Client

HR technology company providing a digital platform for compensation planning and management

Goals for the Compensation Management Platform

Reduce time spent on budget allocation processes by 50%
Create a centralized workflow for merit, bonus, and promotion management
Enable real-time budget tracking and adjustments
Provide role-based access for administrators and managers
Support multi-currency operations for international teams

Core System Functionalities and Features

Expandable organizational hierarchy view with team metrics
Real-time merit/bonus calculation updates
Role-based access for administrators and managers
Employee search with navigation to team pages
Multi-currency support with automatic conversion
Data import/export from spreadsheets/payroll systems
Dynamic compensation adjustment letter generation

Technology Stack Requirements

Ruby on Rails

JavaScript

React.js

System Integration Needs

ADP
Namely
Payfactors
Criterion
Payroll systems

Non-Functional Requirements

Scalability for organizations with 1,500+ employees
Enterprise-grade data security and compliance
High-performance real-time data processing
Responsive web design for cross-device compatibility
Audit trails for compensation changes

Expected Business Impact of the Compensation Management Platform

Implementation of this platform is expected to reduce administrative overhead by 50%, improve budget allocation accuracy through real-time tracking, enhance compliance with audit-ready workflows, and enable faster decision-making through centralized data visibility. The solution will support organizational growth by accommodating multi-national teams and integrating with leading HR ecosystems.