BLOG
News from the platform.
Product updates, engineering stories and where Plenix is heading — written by the team building it.
21 October 2026·The Plenix Teamrelease-noteshcmcompensation
Plenix 2026.10.60 — Compensation: pay bands, a full pay history and merit cycles
HCM gets a compensation hub. Set pay bands for each role and see who is underpaid or above range. Every pay change is kept with its reason and date, and changes dated in the future are applied on the day. Run merit cycles where managers plan rises for their team within a budget, guided by performance ratings, and HR approves before anything changes.