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Welcome to our HiBob compensation management tutorial. 👉 Try HiBob: https://businessolution.org/get/hibob/ Recommended videos: 11 Best HR Software Tools: • 11 Best HR Software Tools in 2025 (Human R... 11 Best Workforce Management Software: • 11 Best Workforce Management Software Tool... 7 Best Employee Attendance Software: • 7 Best Employee Time & Attendance Software... 7 Best Employee Engagement Software: • 7 Best Employee Engagement Software Tools 3 Best Global Payroll Companies: • 3 Best Global Payroll Companies (Full Soft... In this video, we'll dive into HiBob's Compensation Module, designed to streamline the merit and compensation processes for HR teams. We'll walk you through the main features and show you how HiBob makes it easy to set up and manage compensation cycles, align budgets, and support manager planning. Timestamps: 0:04 – Welcome to Bob's Compensation Module 0:07 – Overview of Bob's compensation setup 0:22 – Creating a compensation cycle 1:02 – Running the cycle: Participant management 1:24 – Viewing performance metrics for informed decisions 1:54 – Benchmark ranges and setting compensation ratios 2:09 – Bulk allocation of budgets and salary increases 2:31 – Budget visibility and manager alerts 4:08 – Utilizing the activity log for change tracking 4:22 – Goals alignment for performance and compensation decisions 4:48 – Viewing an approved compensation cycle 5:01 – Requesting e-signatures for compensation letters 5:53 – Updating the employee card for seamless payroll integration Explore how HiBob can simplify compensation planning and approvals, making it easy for HR teams to manage processes without emails, spreadsheets, or back-and-forth communication.