Ventana Research Delivers 2011 Total Compensation Management Benchmark Research
New research finds significant value of compensation management for managing talent and human capital in every organization.

SAN RAMON, CA, August 02, 2011 /24-7PressRelease/ -- Newly completed benchmark research from Ventana Research shows organizations are paying more attention to managing the effectiveness of their workforce through total compensation management. The new research, which builds on the industry's first benchmark in 2008, shows that companies have been steadily investing in total compensation management systems instead of the previously used piece-meal approach but the research also indicates there is still much room for improvement. The research examined best practices in compensation management, evaluated the level of maturity in deployments and investigated where organizations have room to make improvements in maximizing the workforce efficiency and outcomes.

The research shows that while improvements are being made, there are still a number of impediments in the compensation process. More organizations (72%) indicated that deploying a total compensation management system was a top priority. In 2008, 45 % of companies found scattered information and lack of integration a reason for investing in a total compensation management systems. In the 2011 research, that number was down to only a quarter (25%). While these statistics show fundamental change for the better, most respondents still felt that inconsistencies in execution across departments and divisions were a common problem. Issues with alignment of pay and performance topped second and third as areas for improvement. And, when asked about specific problematic areas, participants indicated managing merit pay and base pay were still at the forefront.

The full findings of this in-depth benchmark research on will be released by Ventana Research at their upcoming research webinar, the latest from the leading business technology research firm, analyzed hundreds of organizations around the world to assess the maturity and direction of their efforts. Ventana Research is well known for its research in human capital and compensation management. This new research explores how companies deal with total compensation now, how their employees view the current processes and tools, plans they have to change or improve them, and the benefits they hope to gain by doing so.

"This new benchmark research finds companies are ready to invest in total compensation management and become stewards of the most valuable asset - the people in the workforce," said Mark Smith, CEO and Chief Research Officer, Ventana Research. "The research will provide these organizations with key insights on how to make those investments move beyond just their HRMS and spreadsheet tracking but to an efficient process that ensure maximum value from their existing and future talent."

Ventana Research will detail the findings of this benchmark research in a live interactive webinar on August 18, 2011 at 11:00 AM Pacific time that will discuss the research findings and offer recommendations for improvement. Key research findings to be discussed will include:

- What distinguishes organizations from being innovative or tactical.
- How organizations are addressing information adequacy issues that surround communication and planning.
- How to address the high level of importance for integration of data and systems in organizations.
- Where finance and operations play a strategic role for sponsoring, improving processes or gaining access to information
- The current state, future direction of and potential investments
- Recommendations for organizations to act on immediately.

Register for the Webinar - www.ventanaresearch.com/TCMwebinar.

Those interested in learning more about the benchmark research can find additional information at http://www.ventanaresearch.com/TCM/. The research was sponsored by SuccessFactors. As a part of your registration you will receive insights and education from Ventana Research on using technology effectively in business.

Press Release Contact Information:

Mendeil Bailey
Ventana Research
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