nGen Bonus™

Create and manage bonus worksheets, discretionary pool allocations, perform "what if" bonus calculations, generate Ad hoc reports, utilize suggested bonus range reporting and more. As part of the nGen Compensation™ application suite, nGenera has created the nGen Bonus™ module for creating and managing complex variable pay plans.

Eliminate Manual Incentive and Bonus Management

Easily design, create and manage your complex bonus, discretionary, MBO's, and variable incentive plans. The nGen Compensation™ user interface allows the easy creation of modular, re-usable elements in the building of compensation plans. The nGen Bonus™ module has the following features:

• Date Effective Hierarchy and Participation Hierarchies
• Titles and Custom Periods
• Custom Groups and Eligibility Filters
• Weighted Pay Elements, Rules and Formulas
• MBO's, Rewards, and Non Cash Payouts
• Discretionary Pool Management

Bonus Worksheet and Management Approvals

Large organizations require the ability to view and approve large hierarchies of subordinate based bonus and payout information. The 'Worksheet' functionality utilizes an electronic form that has the flexibility of Excel, but with added security and data that resides in one place. This single feature eliminates the need to pass hundreds of spreadsheets throughout the organization. Now you can see your plans, make changes, and take control of your compensation plans instead of letting them control you.

• Worksheets allow approvals, adjustments, comments and over-rides by role
• Worksheet configuration with linked Alert configuration
• Automated bonus suggestions, ranges, and budget allocations
• Setup and manage 'Batches' of worksheets with approval workflows by hierarchy
• Workflow monitoring and status of the states of approvals, and budgets
• Budgeting and setup of budgets and forecasting with real time "What-If" Analysis

Integrated Workflow

Because many individuals are involved in the process of compensation, managing workflow between the Field, Management, Operations, HR and Executives is critical. nGen Bonus™ features integrated workflow designed to work with the entire nGen Compensation™ software suite: Sales Compensation, Bonus and Salary modules.

• Maintenance: Users can easily setup and maintain custom approval hierarchies, groups, email notifications, status, escalation, file attachments and other custom functions.
• Subject Types: Users can use stock features 'out-of-the-box' or create custom features for managing Worksheets, Document approvals, and HR actions.
• Security: Integrate processes with overall auditability and reporting, so Sarbanes Oxley compliance can be easily managed.

Bonus Plan Forecasting, "What-If" and Budgeting

Easily design and review plans before they are implemented. With nGen Bonus™ you can create Bonus', MBO's, and Discretionary Payouts in a 'Model' environment before releasing them into 'Production'. Now you can see your plans, make changes, and view participant payouts before releasing to the field.

Communication and Collaboration

nGen Bonus™ has a simple, configurable, and secure dashboard with company focus and collaboration features. The dashboard allows field personnel and bonus managers to view all of the information in one place.

• See Dashboards Demo

Reporting & Analytics

The most important reports are often those that teams have to generate manually. nGen Bonus™ offers three mechanisms to report data:

• Automatically Generate and Schedule Reports: nGen Bonus™ Reporting features include standard templates for pay statements, total compensation, budget allocation, pool distribution, etc.
• Create Ad Hoc Reports: The nGen Bonus™ Ad Hoc interface allows the user to create criteria and filters, organize columns, and save custom reports.
• Analyze Your Data: 'Drill In' to see data in many different ways with nGen Bonus™ Analysis tools. Additionally, analyzed data can be exported to XLS, XML, CSV and PDF.

• See Reporting & Analytics Demo

Application Security & Roles

Your complex organization demands that security is controlled and role specific. The entire nGen Compensation™ software suite enables administrators to create roles and groups to limit the users' ability to view, edit, update and print the data. The system utilizes a simple set of user interfaces to grant or revoke access to dashboards, workflow, and compensation plan administration, as well as to the modules for Sales Compensation, Bonus and Salary.