Are you sitting down? With Nimble Compensation, changing a pay plan takes three clicks. Sound unbelievable? You should watch the demo video above. It is so easy that you may get excited when notified that someone is changing pay plans!
Who is this for?
Anyone responsible for calculating commissions.
Why does this matter?
There are many pain points using Excel to manage commissions, but changing employees' plans is one of the most error-prone and frustrating ones because it seems like it should be so easy.
What do you need to know?
With Nimble Compensation, changing an employee's pay plan takes three clicks, maybe 10 seconds. Because our system already has all the data we need to recalculate a pay plan, all you have to do is choose the new pay plan for the employee from a drop-down list and save the update.
Our system handles all the heavy lifting, automatically pulling in any relevant data to the new pay plan and calculating the new earnings amount. Simple, easy, seamless.
How does this help you?
Our goal in developing this software was to find all the frustrating, time-consuming, and error-prone parts of Excel-based commission calculations and eliminate them. Giving you the ability to change pay plans easily is another one of those features. Instead of taking you five minutes and potentially having errors to change commission plans with Nimble Compensation, it now takes 10 seconds without errors.
There is another benefit more relevant to your management team because changing pay plans becomes so much easier. We have written an article about ways to improve dealership retention here. One of them is building "career paths" for employees. This feature allows your back-office team to implement this type of plan.