Compensation
Merit cycles that stay inside the pool
Set bands and budgets, let managers propose within the rules, and apply approved cash and equity changes into payroll without a side spreadsheet.
Merit pools · Bands and levels · Stock grants · Payroll apply
Compensation planning and stock grants are Enterprise. Pro runs payroll without this planning workspace.
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Payroll command
Q2 global run
AU · IN · NP · SG · AE · UK · US
Outcomes
What finance and HR close together
One planning surface
Base, bands, and equity sit in the same cycle instead of a second workbook.
Managers stay in bounds
Proposals follow pool and band rules before HR approves.
Payroll handoff
Approved changes apply into payroll with who approved what.
Drafts stay private
Compensation isolation keeps in-progress cycles off employee portals.
Capabilities
From pool to published pay
Planning is a governed workflow, not a free-form grid.
Bands, levels, and pools
Define the structure before the cycle opens so recommendations have a ceiling.
- Comp bands and levels
- Merit budgets
- Guided manager proposals
- Multi-step approval
L4 Engineer
$120-145k
L5 Product
$145-170k
L3 Design
$95-115k
Cash and equity together
Stock grants and ESOP vesting track next to base salary, then approved amounts can apply into payroll.
- Stock grants and ESOP
- Effective-dated packages
- Payroll apply
- Audit trail
Payslip: June 2026
Priya Shah · Nepal
NPR 185,400
How it works
Open a cycle, then publish the result
HR owns the rules. Managers propose. Payroll receives only what was approved.
Set bands and pools
Levels, bands, and merit budgets exist before anyone proposes a number.
Managers propose
Recommendations stay inside the governance constraints for that employee.
HR approves
Drafts stay isolated until the approval chain finishes.
Apply to payroll
Approved base and equity changes move into payroll with a trail.
Scope
What this module is for
Use payroll for the pay run. Use this workspace for the cycle that decides the new pay.
Included
Merit cycles, bands, levels, stock grants, ESOP tracking, and payroll apply on Enterprise.
Not a market survey
Bands are your rules. Peovix does not claim external compensation benchmark data.
Plan gate
EnterpriseCompensation planning and stock grants are Enterprise, not Starter or Pro.
FAQ
Straight answers
Related
Plan the next cycle in the same system as payroll
Start a trial or book a walkthrough. Bring last year’s merit sheet and we will map the cycle.
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