System and computer program product for global compensation of employees
US7933816B2 · kind B2 · utility
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3References
5Claims
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Key dates
| Filing date | Feb 9, 2006 |
| Grant date | Apr 26, 2011 |
| Priority date | — |
| Expiry date | Jul 16, 2028 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q10/1091
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
An employee compensation system handles employees located world-wide using a single instance of global employee data. Compliance with various differing laws and regulations in separate countries is handled by separating and calculating unique requirements such as gross-to-net pay on a country specific basis. All other compensation tasks are processed on a global basis resulting in significant improvement and advantages over current art. Stock options and other benefits are likewise provided for using the single instance data.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.