The Ventana Research Value Index: Total Compensation Management in 2014 is the distillation of more than two decades of experience and knowledge of the market and the analysis of technology supplier product research efforts by Ventana Research, the premier benchmark research and advisory services firm. Built on a foundation of 10 years of business and technology research, this unbiased fact-based index is the first such industry undertaking to assess the value of software designed specifically for enabling Total Compensation Management.
This Ventana Research Value Index is an analytic representation of our assessment of how well vendors' offerings meet buyers' requirements for software that enables and supports Total Compensation Management. The Index evaluates the software in the context of seven key categories. Five are product-related: adaptability, manageability, reliability, usability and functionality. In addition, we considered two customer assurance categories: total cost of ownership and return on investment, and validation. To assess functionality we applied the Ventana Research Total Compensation Management evaluation framework which examines the compensation activities and processes in HR and workforces.
While there are dozens of analyst reports with varying types of charts that proclaim leaders, we have found little substantive research as other analyst firms lack context, which isn’t surprising as they service only IT organizations and do not research, serve or in fact have experience in business or HR organizations let alone compensation professionals. Also, in light of the fact that many factors, among them a company's purchasing history, personal connections and vendor biases, can cloud the objectivity of acquisition assessments. We offer this research as impartial and authoritative; any organization looking to assess, validate and improve its Total Compensation Management investments and technology should utilize the Value Index, and the research on which it is based, as a key part of its evaluation process.
Download the Total Compensation Management Value Index Executive Summary
Read the Market Announcement:
Ventana Research Releases 2014 Value Index for Total Compensation Management
Learn more about the industry from our Benchmark Research:
Benchmark Research and Maturity Index on Total Compensation Management
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