March 02, 2007

Innovative Budget Planning: ETWeb™ Market Compensation matches efficiently and corresponds to real market conditions
March 8, 2007

The new release from ExecuTRACK rounds off the Total Talent Suite through enhanced functionality and Web 2.0 Features

Düsseldorf – ExecuTRACK Software, A Lumesse Company, releases the newest version of their market leading Total Talent Suite. The new module, ‘Market Compensation’ enables organizations to increase efficiency when participating in market surveys and blend data from different survey providers into competitive market rates. The module seamlessly integrates into the existing system allowing for the combined analysis of market rates with employee performance and retention risk. This enables organizations to easily align performance and retention objectives with dynamic, in-depth compensation and rewards strategies. Through the identification of at-risk areas such as high performers paid significantly below market, appropriate actions can immediately be taken to reduce the risk of employee turnover.

In addition to this newly developed module, the team in Düsseldorf has integrated additional innovative functionality into the release. Users now have access to over 120 different reports. User-friendly forms employ the newest Web 2.0 technologies like Ajax whereby data can be processed and changed through Drag-and-Drop directly within the user interface. Additionally, a spell checker and legal scan have been integrated into the application to review terminology within forms.

“With this release we are continuing to successfully further position ourselves ahead of the competition”, says Dr. Andreas Hoynigg, Managing Director of ExecuTRACK Software. “From a content and technological perspective, we are best suited to provide our customers with new ideas and support for the next years”.

ExecuTRACK, A Lumesse Company is one of the global market leaders of Talent Management software for Recruitment, HR Management, Performance Management, Compensation Management, Skills & Competency Management, Career & Succession Planning, Training & Development Management, and Global Talent Warehouse.

The 100% Web-based solution ETWeb Enterprise – developed with over 20 years of experience – fully supports organizations in analyzing and managing all areas of its human capital.

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