Capgemini has selected beqom, a provider of compensation management solution, to manage HR compensation process.
Capgemini will use beqom’s compensation solution for simulation and budget modeling, with compensation reviews, and with the administration and management of bonus and LTI processes for 200,000 Capgemini employees worldwide.
The project started in August 2017, with a successful phase 1 rollout in India to cover variable compensation processes of 42,000 employees.
“beqom’s compensation solution provides the flexibility and agility while meeting the critical elements of compliance and control,” Kris Bezzant, EVP, Group Compensation & Benefits, at Capgemini, said.
Capgemini will have a global view of their compensation processes. Coordinating with more than 200 units in 47 countries, beqom will allow Capgemini to effectively manage the global environment in a single solution, reducing the time to manage current processes.
