Workscape has announced availability of OneForce/Compensation Planner 6.0 to provide enterprise compensation management as a software service for human resources departments. Best known for its benefits administration software, Workscape is looking to grow its business in compensation and performance management through this release, as well as the product acquired from PerformaWorks, now called OneForce/Performance, for managing goals and objectives of pay-for-performance compensation. Unfortunately, the market for compensation is crowded and it is not yet clear how Workscape is differentiating itself from the many other providers including Authoria, Kenexa, RecruitMax, Softscape, SuccessFactors and Workstream, as well as the established enterprise resource planning (ERP) providers Oracle and SAP.
Workscape will have to determine how much investment it will take to gain attention that separates itself from the rest of the providers. It has brought new companies online using the new application, but none yet offers a public reference. Ventana Research believes that organizations trying to determine if they need compensation management should assess the maturity of and investments made by Workscape before evaluating the broader suite of capabilities with OneForce/Compensation Planner and OneForce/Performance to determine if the existing and future product roadmap matches up to their needs.
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. We've got a management crisis right now, and we've also got an engagement crisis. Could the two be linked? Tune in for the next installment of IT Life Radio, Wednesday May 20th at 3PM ET to find out.