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SimplyMerit by MorganHR

Compensation

About SimplyMerit by MorganHR

BambooHR is an all-in-one HR software platform that helps small and medium businesses hire, onboard, manage, and pay employees — all from a single intuitive system.

Key features

  • Intuitive merit budget planning and allocation
  • Bonus pool administration and tracking
  • Equity grant management in one unified view
  • Manager-friendly interface designed by comp experts
  • Replaces error-prone Excel processes with structured workflows

Products

  • Merit Planning — Budget allocation and manager worksheets
  • Bonus Management — Pool tracking and individual awards
  • Equity Grants — Stock and option planning and administration
  • Compensation Reporting — Audit-ready analytics and dashboards

Value for Klaar customers

Intuitive compensation software that replaces spreadsheets. Simplify merit budgets, bonus pools, and equity grants while driving manager engagement and clarity.