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Compensation Planning

Automated Merit and Salary Management That Makes It Easy to Get It Right

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Merit and salary

Iconixx Merit™ makes it easy for any business to design and manage merit and salary plans with flexibility, transparency, and accessibility. If your organization needs the capacity to view and approve hierarchies of subordinate-based pay information, the powerful, easy-to-use functionality of Iconixx Merit™ will eliminate errors and reduce planning time.

An All-in-one Automated

Merit and Salary Solution

Iconixx compensation planning software makes it easy to design, create, and manage customized salary and merit compensation plans that fit your business needs.

Automatically Schedule Reports

The Iconixx Merit™ reporting interface includes standard templates for pay statements, total compensation, budget allocation, pool distribution, and other routine and necessary forms.The Ad hoc report interface allows the user to create criteria and filters, organize columns, and save custom reports.

Integrate Internal Workflow

Iconixx Merit™ coordinates the input of field representatives, HR and compensation managers, management in other departments, or executives with customization, security, and ease of use.

Access Actionable Reporting and Analytics

Iconixx Merit™ compensation and salary planning software has “drill-in” capability, so you can examine your data in multiple ways, then export the results to XLS, XML, CSV, or PDF.

New product Rollout

Focal date, anniversary date, and off-cycle adjustments are all dated and tracked in the system, creating an easy-to-follow audit trail.

The Importance of Automating Merit Compensation

Ballast Point Ventures

Ballast Point Ventures is a later-stage venture capital fund established to provide expansion capital for rapidly growing, privately owned companies in diverse industries, with a particular emphasis on companies located in Florida, the Southeast, and Texas. The BPV partners have more than 70 years of combined experience investing in and building high-growth companies in a number of industries, including healthcare, business services, communications, technology, financial services, and consumer goods. BPV has $200 million under management and seeks to make equity investments ranging from $3 million to $10 million.

Harbert Management Corporation

Harbert Management Corporation seeks to generate superior returns for their investors by identifying and investing in the most promising early growth stage companies in the Southeastern U.S. HMC seeks to capitalize on what it believes are compelling regional dynamics, such as a strong and fast-growing economy, significant research and development activities, and an established entrepreneurial community. The HMC team combines substantial investment, advisory, and operating experience with capital and networking contacts to support great entrepreneurial teams in successfully executing their growth plans. With offices in Birmingham, Alabama; Richmond, Virginia; and Gainesville, Florida, it’s well positioned to partner with entrepreneurs throughout the Southeast.

KBH Ventures

KBH Ventures was an early investor in Iconixx Software. KBH's investment philosophy plays a significant role in the firm's successful track record. KBH believes in running businesses to be cashflow positive and profitable every month. Startups and companies in a startup mode, such as one that has been purchased in distress, are expected to generate revenue within the first six months and reach profitability within the first 12 to 18 months. KBH also only invests in or acquires companies that are in the startup phase or have less than $20 million in revenues. KBH targets technology companies that offer business-to-business services.

S3 Ventures

S3 Ventures is an early expansion and growth stage venture firm with $200 million under management. It’s focused on information technology solutions that solve large business problems. S3 also invests in medical devices that improve the human condition. S3 invests in category-defining opportunities. It partners with the team and help focus methodically on what it takes to build a successful company. S3 today helps talented entrepreneurs take their technology and market knowledge and form valuable businesses in a repeatable fashion. Investment sizes start at several million or more for Series A, B, and C financing.