Emory University School of Medicine Compensation Management

This document is a case study detailing the compensation management processes at Emory University School of Medicine. It outlines the challenges faced by the finance office in managing annual faculty compensation due to the complexity of roles across academic, research, and clinical missions. The case study describes how the implementation of Axiom™ Labor Planning, Budgeting and Forecasting software has streamlined these processes, improving efficiency and accuracy. It presents the significant time savings achieved, reducing the data compilation and review process from over 200 hours to a more manageable timeframe. The document highlights the role of data integration in minimizing manual data revisions and errors, thus enhancing the salary review process. Increased visibility and accountability in the approval process are also discussed, with reported improvements in labor savings and efficiency since adopting the Axiom tool. Overall, the case study emphasizes the transformational impact of Axiom on the compensation management workflow at Emory University School of Medicine.