In most organizations, bonus and merit-based rewards are calculated in a "black box" without a shared understanding of the allocation process. Rewards that lack transparency not only fail to fulfill the promise of pay for performance, but also lead to a breakdown of trust in the corporate rewards system. CallidusCloud Rewards is a SaaS-based platform that enables organizations to quickly and easily deploy bonus, stock, and merit-based rewards programs across the sales network so they can drive the behaviors that align with corporate strategy. The solution helps decentralize the allocation of both cash and non-cash rewards, empowering managers and incorporating performance feedback in the compensation process. CallidusCloud's collaboration platform facilitates quick distribution, allocation, adjustment, and approvals of bonuses, merit-based salary increases, and non-cash rewards. The easy-to-use self-service solution drives reward transparency throughout the sales team, providing a consolidated view of the total compensation for each team, manager, and sales professional.
