Performance Evaluation
Through performance evaluation, develop your employees, transform potential into performance, and take your company's success to the next level.
Bonus System Integrated with Goals and OKRs
The Variable Compensation module connects directly with the Goals and OKRs registered in Elofy, providing practical bonus calculations integrated with results.
Track the estimated payment for each individual contract or overall in real time
Strategy, Performance, and Rewards in one place, in a personalized and intelligent way
Agility and transparency in payment management
Freedom to create your own calculation formula
You choose the fixed or dynamic variables that will affect the bonus calculation: salary, progress, goal weight, performance review result, and much more.
Create a fully customized bonus calculation formula
Adapt your company’s variable compensation according to specific periods
No spreadsheets and no rework: saved and auditable calculations
Fair and transparent recognition
Employees can easily track the progress of their results and the evolution of their bonus in real time
Automatic bonuses, with no errors or direct human interference
The calculation formula may or may not be accessible to the employee
Achievement ranges that increasingly encourage better results
Other features of the Variable Compensation module
-
Bonus forecasting integrated with goals and OKRs progress tracking
-
Details screen with an exclusive Variable Compensation tab
-
Flexible and instant salary multiplier
-
Calculation formula variation according to the period or specific goal/KR
Integrations
Integration with leading market management tools
