Towers Perrin Announced the Launch of New Compensation Administration Tool

Towers Perrin today announced the launch of an industry-leading, next-generation compensation administration tool with built-in talent management capability, Comp Agility.

Towers Perrin is a global professional services firm that helps organizations improve their performance through effective people, risk and financial management.

Web-based Comp Agility is a complete solution and allows for users around the world to utilize and customize the tool’s content and applications to meet their needs. Job descriptions and competency models can be adjusted to address market and internal considerations, and compensation design can easily be analyzed with region specific data.

The Comp Agility Suite consists of two modules:

Market Analyzer: This Web-based compensation analysis module provides a range of solutions and capabilities, including data storage and review, online benchmarking, a survey data browser, a market-pricing function, a survey submission function and a reporting tool.

Role Analyzer: This Web-based module lets you design and manage information about jobs and job evaluation, manage employee competency assessments, manage your organizational and functional competency models, and produce various workforce distribution reports.

I haven’t seen Comp Agility in action nor have I heard feedback from any client yet, but I will provide more information as soon as I do.

Read the full Press Release.

More information about Comp Agility can be found here.

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