CoreTeam, Powered by SimplyMerit, is a workforce planning application focused on the difficult task of right-sizing your organization. CoreTeam helps you understand the exact financial impact of layoffs, furloughs, pay reductions, and schedule reductions across every level of your organization.
Instantly Evaluate Financial Impacts
- Each manager has real-time access to the financial impact of their restructuring decisions across both their direct reports and their span-of-control.
- Engage your managers in the decision making process regarding right-sizing the organization
- Leveraging SimplyMerit's approval workflow engine, CoreTeam will allow for multiple, automatic approval levels and monitoring.
Automatic Letter Generation
- CoreTeam allows HR to generate employment status letters for all employees using your template formats. These can automatically be distributed to managers, or HR can manage the distribution.
Live in HOURS!
- CoreTeam is easy to load, configure, and deploy. So easy, that we have helped customers to live in a matter of HOURs... not days or weeks.
Integrated with ADP WFN
SimplyMerit is seamlessly integrated with the current version of ADP Workforce Now® providing secure integration and real-time data updates. With ADP Data Integration, you will be up and running with SimplyMerit in a matter of hours. Try doing that with spreadsheets!
ADP Applications Integrated
- ADP Workforce Now
- Read Data from ADP
- Data Connector
Data Sync Frequency
- SimplyMerit pulls data fields from ADP Workforce Now relating to employee compensation information. There are no Personally Identifiable Information fields that are extracted.
SimplyMerit supports all global currencies (170+) with roll-ups automatically converting to the company's base currency. Managers plan in the employee's local currency. SimplyMerit automatically converts to the company currency for all aggregations. SimplyMerit helps you manage one global budget across all of your global locations.
Single, Global View of Your Organization
- SimplyMerit presents a single, global view of your organization and your compensation budget. Managers can plan across countries in their reporting structure, and SimplyMerit manages the currency conversions and budget impacts seamlessly.
Plan Locally | Manage Globally
- Employees are always presented in their local currency. At each roll-up step, SimplyMerit manages the currency conversions to show budget impact live and in real time.
Workflow and Collaboration
The simple and elegant interface provides for a natural and deliberate workflow, and it provides deep collaboration between HR and managers.
- SimplyMerit's workflow engine is automatic... no configuration is required. Our thoughtful design guides managers through the process every step of the way.
- HR and senior leadership can monitor, communicate, and collaborate with managers every step of the way with the powerful workflow and collaboration engine.
Managers are provided an unprecedented level of understanding of the budget allocations within their span of control including the ability to view every data point within their part of the organization.
Numerous guidelines and compensation recommendations established by HR in the configuration phase are readily available to managers throughout the application including recommended merit percent increase ranges.
Requested compensation adjustments are visible all the way up the management hierarchy; approvals, adjustments, and rejections are always communicated to the impacted manager; and special exception requests remain visible throughout the application.
Live in Five - Most customers are live with SimplyMerit in Five Days! Extensive configuration options allow HR to provide a customized experience for their managers as well as to provide guidance to managers directly within the application. Our configuration engine supports stub year processing, automatic proration rules, and variable timing bonus plans at the individual instance level.
Governance and Security
Let's face it, sending spreadsheets of sensitive compensation data through email is not secure especially with large numbers of remote workers. SimplyMerit's security is automatically configured. Managers only see their span-of-control. Additionally, every update is tracked in our application to ensure maximum auditability, and a version of each record is captured prior to every change made within SimplyMerit.
Every step of the merit, bonus, and equity allocation and approval process, including generating and distributing adjustment letters, is included in SimplyMerit. It truly provides a complete experience from start to finish.
MorganHR is unique in the industry as both a Compensation Consulting firm and a Compensation Software company. At the end of your merit and/or bonus cycle using SimplyMerit, MorganHR will run your compensation data through our analysis engine. The results will be analyzed by our consultants, and a multi-page “Board-ready” analytical report will be generated for you.
What types of analyses do we perform?
- Compensation Insights: Biases and disparities, Gender-based pay differential, High Potential employees (HIPOs), Employees at-risk, Market pay analysis, Budget allocation analysis
- Merit Cycle Outliers: Managers who “spread the peanut butter”, Managers who have overspent or underspent their budget, Managers who are giving a promotion but not a merit increase, Managers who are giving a lump sum distribution even though employee is within market, Employees below market, Employees above market, Increases outside recommended range based on performance rating score, Employees not receiving an increase