SAP SuccessFactors Compensation

Software as a service

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Compensation

Pay your people based on achievement, establish a pay-for-performance culture – retain top talent and increase productivity across the organization. Calibration drives better compensation decisions with and objective ratings.

Key Functionalities

Align employee compensation to business strategy

Create strategic compensation rewards and recognition programs that help improve individual and business performance. , Heighten budget utilisation by allocating funds in support of strategic business goals , Generate a pay-for-performance culture by tying employee performance to rewards , Influence employee pay decisions in line with company guidelines

Make critical decisions about employee pay

Extract-out guesswork from compensation planning to make smarter decisions about recognition and rewards. , Get relevant employee information where and when you required , Act based on the most recent information with employee compensation metrics that are updated in real time , Enhance monitoring into key talent indicators like performance and potential ratings, top performers, and so on.

Streamline total compensation planning

Automate and streamline compensation planning enables to focus more on strategic activities. ,Handle compensation planning throughout organization with one simple, cloud-based solution ,Plan for base, bonus, and equity compensation at the same time from one view ,Enhance compensation planning and budgeting accuracy with base, bonus, and long- term incentive modelling and forecasting.



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Scope

Compensation Planning

  • Centralised oversight of compensation planning
  • Support for a pay-for-performance culture
  • Configurable views for ideal planning
  • Real-time budget insights

Compensation Design

  • Guideline and budget modelling
  • Bonus forecasting
  • Templates based on leading compensation practices
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