Plateau Short-term Incentive allows compensation managers to easily plan and administer sophisticated short-term incentive programs that include business guidelines and rules, such as eligibility requirements, for bonus pool funding and allocation.

Key Features:

• Powerful Administration of Short-term Incentive Programs - Provides compensation managers with the ability to structure programs that use numerous measurements tied to company or business unit results, in addition to individual objectives. The system helps managers account for all variables that are tied to bonus or other short term awards, such as corporate performance.
• Superior Performance - Provides a separate bonus review workflow from salary review. Compensation managers can also establish team reviews as different direct reports may be eligible for different bonus programs.
• Flexible Configuration – Enables managers to easily implement pay for performance programs with numerous multipliers and can administer budget pools with various funding options tied to pre-defined business guidelines, such as financial performance, team plans, or performance ratings. The system also includes a flexible approval workflow and automated alerts to inform managers of their adherence to current policies.
• Secure and Real-Time Access to Incentive Information – Provides role-based security and an Executive Dashboard with a real-time graphical overview of the incentive process including drill down or roll up capability on how pay for performance guidelines are being followed. Bonus history and market data is also made available to compensation managers.
• Powerful Reporting Capabilities – Generates bonus distribution reports to employees, business managers, senior management and compensation managers. Incentive data can be analyzed by specified criteria such as job title or performance rating.