Data Management in Hay PayNet®and How do Hay manage  the compensation
Tom Halliday 
Brian Weiss
The 1998 PayNet® User Group
The 2003 PayNet® User Group
Two of Our Key Global Objectives
Are easy to work with!
Provide integrated solutions!

Why?
Our Clients Have Varying Needs
Prepare changes in long term reward policy
communicate local market practice to HQ
fast decisions in context of hire/fire
reality check pay request of key employees
annual health check up of pay practice
evaluate internal equity (emotional reward)
diagnose market competitiveness
translate company strategy in supporting comp&ben tools
alert management team on market trends that could affect cost base of employment
Our Clients Have Varying Needs (cont’d)
HR as strategic partner in business decisions
(cost) control annual pay bill
prepare realistic remuneration budgets
update existing (international) pay grades
reliable job descriptions for market pricing
development of state of the art benefit packages
in-depth analysis of current pay practice
cost projections
reliable market information for negotiations
...
Information needs
Each company, each HR manager has its own distinct information needs
The challenge is to create one database that delivers outputs that meet the many information needs of different profiles of “users”