Deerfield, IL, August 07, 2011 --(PR.com
)-- Excentive, the fastest growing global provider of total compensation management solutions, announced today that IDEX Inc., a $1.4 billion US-based manufacturer, has selected Excentive’s Compensation Cockpit software to automate and manage its total direct compensation for its global executive team.
IDEX, headquartered in Lake Forest, IL, is a global fluidics leader serving high growth specialized markets. They are best known for their expertise in highly engineered fluidics systems and components, as well as for their expertise in health care and fire and safety products including the Jaws of Life® family of rescue and recovery tools. The company has been pursuing a strategy of high growth through acquisition and was looking for software to manage the administration of its employee compensation.
Excentive will provide a unified platform for IDEX to manage its salary planning and review process, bonus plans, and long term incentives, while providing business insight through powerful reporting & analytics.
”The link between performance and rewards is important to us,” said Diane Gerard, Director of Compensation for IDEX. “We selected Excentive because we needed a truly global partner to help us manage these processes in an effective and efficient manner.”
“IDEX is a leader in their industry,” said Jim Archuleta, Managing Director of Excentive USA, “so we’re very pleased that they selected Excentive as a partner in supporting their aggressive plans for growth. We appreciate their recognition of Excentive as a best-in-class compensation management solution."
Excentive’s Compensation Cockpit has been chosen by industry leaders worldwide since its launch in 2002, including many of the Forbes Global 500. Based on an open Microsoft technology platform, Excentive’s solution can be delivered on-premise or hosted as a service. It helps businesses to motivate, retain, and manage the performance of their people using cost-saving efficient processes, while improving financial performance by ensuring that compensation is managed in a fair, effective and transparent way.
IDEX Corporation is an applied solutions company specializing in fluid and metering technologies, health and science technologies, dispensing equipment, and fire, safety and other diversified products built to its customers' exacting specifications. Its products are sold in niche markets to a wide range of industries throughout the world. IDEX shares are traded on the New York Stock Exchange and Chicago Stock Exchange under the symbol "IEX."
For further information on IDEX Corporation and its business units, visit the company's Web site at www.idexcorp.com.
Excentive International (www.excentive.com) provides a Total Compensation software covering Sales Performance Management (SPM) and Employee Performance Management (EPM). Our customers typically range from large to very large leading companies, across all industry sectors, leveraging human capital to differentiate from competitors; using the solution to attract, motivate and retain human capital. Excentive's Total Compensation Management software manages Incentive Compensation to drive Sales Performance and Salary, Bonus and Equity Compensation to drive Employee Performance.
We have offices throughout the US, Europe and Asia to globally serve our customers.
For more information contact:
North America: Jeff Yoder, Excentive, tel +1 203-820-1032, email@example.com
International: Tanya Jansen, Excentive International, tel + 41 26 504 2512, firstname.lastname@example.org