Case Study
URC conducts merit cycles at 2x speed with a 0% error rate
Founded :
28/9/54
Employees :
4,000+
Revenue :
24.3 Bn
Overview
- Industry: FMCG
- Employee Count: 4,000+
- HQ: Philippines
Universal Robina Corporation is one of the largest branded consumer food and beverage product companies in the Philippines with a significant presence across ASEAN markets. They have become a trailblazer in manufacturing though best-in-class technologies and processes.
URC is currently experiencing an increase in business growth. As their business presence and employee count is on the rise, they were looking for a robust compensation management platform to meet their unique needs and scale with the company.
BC i.e. The Era Before Compport
People are URC’s greatest asset, and their compensation philosophy aims for complete transparency and consistency.
However, while URC grew, the company’s compensation processes were still playing catch up.
Their challenges could be summarised into 3 major categories/ In search for the perfect solution, they were riddled with 3 major questions:
AC i.e. The Era After Compport
With its robust compensation management capabilities, Compport digitised and centralised compensation at URC. This organization wide implementation was completed in a record time of 20 Weeks!
Our Favourite Feature – Total Rewards Statement (TRS)
To make URC's transparency goal a reality, Compport aids in delivering personalized total rewards statements. These statements not only showcase the monetary aspects (Total Compensation, Equity, Incentives) but also highlight the non-monetary benefits (Bonus, Insurance, etc.) available to each employee.
Those who contribute value get a clear picture of their compensation and can also identify any unused benefits, allowing them to optimize accordingly.
Quote
"We're relieved to eliminate many manual processes. Compport has improved efficiency, accuracy, and timeliness in our workflows. Our total rewards team now easily administers compensation processes, enhancing the experience for HRBPs and managers while providing transparency to all employees. Compport successfully configured to our complex and unique merit planning process, and we're pleased with the results."
- John Albert Ampil (Group Manager, TA, TR)