Rewardflow / Incentive Compensation

Incentive Compensation

Motivate your talent at any level.

Rewardflow delivers a collaborative, bespoke solution so you can plan, model, and implement comprehensive reward programs to maximize your incentive compensation schemes. Continue to motivate your workforce with a system designed to shape to your changing needs, we aim to make your workflows more efficient through time-saving mechanisms.

Features of Rewardflow

A system built for you

No organisation is the same, so why should you settle for a one-size-fits-all solution? We become part of your team, working with you to achieve shared objectives with complete trust. Together, we help you to re-engineer your processes that felt previously limited.

Model salary and bonus programmes
Collate your data in a range of reports
Multiple permission options

Find out how our system can help you securely manage your insiders and communications.

Discover how you can automate the communication of key information, acknowledgements and requests, while knowing you have real-time up to date audit information and MAR reports.

Specifications

Business Process & Communication

Dedicated
Application workflows to match your organisation workflows
The flows and processes of the application will be set-up to match the flows and processes of your organisation and remuneration calendar. You will not need to amend the way you, your team, or your employees work.
Application workflows to match your organisation workflows
Flexible processes
The application workflows are not set in stone. As your processes change, the flexibility in the application allows it to adapt alongside your organisation.
Flexible processes
Tailored scope
The scope of the system can be as big or small as you need and can cover a number of processes according to your requirements; whether that be a processing and recording system, or a centralised hub for all employee levels to access information and make decisions.
Tailored scope
Breadth of processes
The application can include the planning, implementing, and modelling of all aspects of reward, including base pay, bonus arrangements, equity management (long term incentive plans and share option plans) and other benefits / perks. It could cover an annual base pay and / or bonus review process, be a share plan administration system, or an all-encompassing total reward management and communication platform, depending on your needs.
Breadth of processes
Range of user experience options
The user experience will depend on your company objectives. You can implement interactive dashboards for all user levels to drive engagement with information and your programmes or minimise end-user access to simply allow you and your team to make decisions and produce reporting.
Range of user experience options
Communication options
Branding
Reporting
Reporting is a large part of reward management. You are likely to have specific reporting and data output needs for different departments and stakeholders - these can be created according to your requirements. Admin users at different levels can be granted access to different reports according to the needs of their role, ranging from a limited number of pre-set reports up to having permissions to use customised report builders for more specialised information.
Reporting
Audit
Every action in RewardFlow is captured, recording data both before and after the action. This robust data sourcing ensures that an audit trail is there if needed.
Audit

Frequently Asked Questions

Q.
Why work with us?

HWC has a rich history of successful systems for leading organizations around the world. We combine effective products with excellent and responsive service.

Q.
Where are the systems located?

Typically, the applications are hosted in London, UK. If there is a need for location-based data storage, then there are options to use data centres in the EU and US. There are also options for on premises (within your own corporate network) or within your own cloud space such as Azure.

Q.
Who uses your products?

Our applications are used by a wide range of organisations of all sizes, from FTSE 100 to private companies. The key factor tends to be an organisation which needs a system to complement, enhance and expand their activities, rather than having to re-design processes, inputs, and outputs to fit a system.

Q.
Will our data be safe?

Yes. Your data will be held in a secure environment, and you will control who has access to the system and the ability to enter and edit any data.

Knowledge Hub

3 reasons why businesses implement total rewards software