World’s Major Oil and Gas Company - Customer Case Study

One the world’s major oil and gas companies was faced with hurdles from spreadsheet-based and in-house compensation systems, they were looking for a solution to effectively manage all of their compensation processes. They required a robust system that could manage numerous bonus plans and still serve as an intuitive tool for their managers for both the bonus process and salary reviews. But robust wasn’t the only criteria—the solution had to be unique and, most importantly, highly adaptable. After evaluating several compensation systems, they selected beqom for its unified approach to compensation management. Today, the organization has automated all compensation processes including simulation of staff cost, the salary review process and bonus management. Their compensation and benefits team now has full control of all compensation processes, including the ability to create, simulate and run bonus plans without assistance.