Skip to main content

Incentive Compensation Wizard

Incentive Compensation Wizard

Incentive Compensation Wizard

Manage all your incentives, aligned to your company´s organizational structure and company goals.

Design, manage, and analyze compensation plans with structure, accuracy, and full transparency.

Centralized management

Track bonuses, commissions, discretionary awards

Org-based configuration

Align with hierarchies by role, team, territory

Flexible plans

Tailored by employee, group, or incentive type

Bulk uploads

Easy setup via Excel templates

Real-time dashboards

Visualize performance vs. budget

Transparent reporting

Show detailed or summary payout views

Step by step solutions process

Design, manage, and analyze compensation plans with structure, accuracy, and full transparency.

employee
1

Define structure and roles

Upload or create your org chart and reporting lines
Align compensation plans by department or level

CREATE AND ASING PLANS
2

Create and assign plans

Build custom incentive plans (bonuses, commissions, goals)
Assign plans individually or via bulk upload

Track Changes and Adjustments
3

Track changes and adjustments

Update incentive plans automatically when roles shift
Maintain a log of history and updates

MONITOR PERFORMANCE
5

Monitor performance

Use dashboards to compare payouts vs. targets
Track performance by person, team, or plan type

Frequently Asked Questions

Yes — it supports managing fixed bonuses, discretionary bonuses, goal-based incentives, and commissions, all within a unified platform.

Absolutely — the Wizard maintains a full history of role and responsibility changes to ensure incentives are accurately calculated and transparent.

Yes — plans can be tailored for specific roles, teams, departments, or levels in the organizational hierarchy

Yes — hierarchies, objectives, and plan assignments can be uploaded in bulk, saving time and ensuring accuracy.

Yes — the solution comes with customizable dashboards that provide real-time visibility into incentive performance, payouts, and trends.

Explore trending
Nextant publications

Picture1

A Hotel Chain Boosts Marketing Performance with Nextant’s Microsoft Azure BI Solution  

Project Overview: Digital Transformation in Hospitality Analytics  A leading organization in the hospitality and tourism industry has built a strong…
Picture1

Agentic AI Call Center: How Autonomous Intelligence Is Transforming Customer Experience 

The customer service landscape is undergoing a deep transformation. For…
Picture1

AI-Powered Financial Data Automation for a Leading Investment Firm 

Transforming Financial Data Management with AI and RPA  In today’s…
11062b a6f0fec9397443e8b4bbdbf4e74ca024mv2

Streamlining Collaboration with Content Creators Globally

As organizations scale, so does the complexity of managing knowledge,…
Choosing the right AI cloud nextant

AI-Powered Onboarding Assistant: How a Fortune 500 Company Transformed Employee Experience 

Why AI in Program Introduction and Enablement Matters  In today’s…