Merit, bonus, and equity cycles are the most high-stakes, high-visibility events in the HR calendar. We ensure they are executed with precision, fairness, and transparency.
The annual compensation cycle is often a period of intense stress, managed through a precarious web of offline spreadsheets. This manual process is not only a nightmare of version control and broken formulas, but it also presents a significant data security risk. The pressure on the compensation team is immense, as a single error can erode employee trust or result in costly payroll mistakes.
The Smythe Group is an expert at moving this entire high-stakes process into your core HR system, transforming it into a seamless, secure, and data-driven event. By centralizing the cycle, you create a better, more transparent experience for everyone involved—the compensation team, finance, business leaders, and employees.
We specialize in configuring every aspect of the annual cycle with meticulous detail. This includes building complex merit increase models, configuring bonus plans with nuanced eligibility and proration rules, processing equity awards, and establishing robust budget controls. We also design and deploy clean, personalized total rewards statements that clearly communicate the full value of your compensation packages to your employees.
The result is a cycle that runs on time, with accuracy you can trust, freeing your compensation team to focus on strategy instead of administration.