For global companies, managing reward can be a massive challenge. Requirements for salaries, HRIS data, taxes and benefits vary by location, and the technology systems are diverse and complex. Finally, there’s a way to have all data, across all countries, about all employees – in one place. That’s uFlexReward.
Revolutionising total reward
uFlexReward is the world’s first digital global total reward platform, combining multiple total reward data silos into one real-time ‘always on’ platform. The platform facilitates agile transformation in reward and HR by quickly providing a continuous, drillable database into any organisation’s largest spend – people.
uFlexReward gathers total reward into a consistent framework that allows streamlined and effective management of reward, encourages employee reward engagement, and ensures increased business insight into many organisations’ most expensive cost category: reward.
Benefits for the enterprise
Visibility: Total reward spend is the largest expense that leadership knows the least about, potentially wasting precious limited capital resources which impacts the bottom line negatively.
Access to data of truth: HR, finance and business management do not have confidence in the quality nor a complete picture of total reward data because of disconnected and disparate systems causing partial decisions, lack of transparency, higher staff turnover and ineffective data analysis.
Engagement: We have difficulty retaining and recruiting key talent because we cannot communicate the competitiveness or value of our total rewards to our employees nor provide a sustainable method for providing flexibility.
HR transformation: The new requirement for businesses to be agile forces HR to transform from the traditional ways of attracting, retaining and motivating employees to new innovative ways which requires a new digital and integrated eco HR system to be successful.
How it works
uFlexReward enables better decision-making for the total reward professional based upon complete information and improves employee engagement through real-time total reward statements and agile reward options. It’s everything you and your employees need, all in one place.