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View More Press Releases by Willis Towers Watson

Press release:

Willis Towers Watson Releases New Version of Its Compensation Planning Software

Issued by: Willis Towers Watson

Date: Apr. 27, 2018

Enhancements will benefit clients by increasing flexibility in configuring complex expressions and ease of delivery

ARLINGTON, VA, April 27, 2018 -- Willis Towers Watson (NASDAQ: WLTW), a leading global advisory, broking and solutions company, today announced that it has released an updated version of its Willis Towers Watson Compensation Planning Software, now currently available for implementation.

The new release of Willis Towers Watson Compensation Planning Software has enhanced features, including a custom compensation field that enables administrators to create complex conditional expressions using the If/Then/Else logic, thus providing expanded ability to configure complex expressions to satisfy several different types of business use cases.

The new release has made improvements to the base pay proration functionality, e.g., streamlined setup and options to prorate recommended amounts as well as budgets. It also has configurable individual views, which allow administrators to further control how information is presented to managers.

"Many of the enhancements to the new release of Willis Towers Watson Compensation Planning Software were prioritized to increase the efficiencies for administrators configuring the compensation programs," said Jenn Kelly, product leader, Willis Towers Watson Compensation Planning Software, Willis Towers Watson. "We've included several new features aimed at delivering flexibility and an improved administrator experience."

The company helps organizations manage the entire compensation management life cycle -- from design and administration, to the decision-making and calibration processes, and ending with personalized employee communications.

Its HR software builds upon the cumulative knowledge of over 600 reward consultants and industry-leading compensation survey data to create a total compensation management solution.

About Willis Towers Watson

Willis Towers Watson (NASDAQ: WLTW) is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has over 40,000 employees serving more than 140 countries. We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas -- the dynamic formula that drives business performance. Together, we unlock potential. Learn more at willistowerswatson.com.

View More Press Releases by Willis Towers Watson


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