Build & manage strategic employee compensation programs with

SAP SuccessFactors Compensation

Build & manage strategic employee compensation programs with
SAP SuccessFactors Compensation

What is SAP SuccessFactors Compensation?

 

The SAP SuccessFactors Compensation solution transforms workforce compensation into a strategic component of your overall talent strategy. We do this with a flexible solution that enables compensation professionals, business leaders, and managers to align compensation programs with business objectives.

When integrated with the broader talent management strategy, compensation can engage employees, ignite better performance, improve execution, and ensure retention of top talent.

True Pay-for-Performance Culture - provide a clear linkage for employees between their compensation and your performance expectations.
Improved Retention - recognize employees for a job well done using variable pay and other proven methods. So your top performers stay happy – and more likely to stay with your company.
Budget Optimization - run “what-if” scenarios and instantly see how increasing merit pay to your best employees would impact your budget.
Cost Savings - save your business thousands every year by making sure you’re not unfairly compensating those employees who fall short in their efforts to help your company achieve its key objectives.
Visibility - streamline and simplify compensation planning, provide visibility and insight for total compensation management, including Total Rewards Statements.
Run Comprehensive, Secure and Accurate Compensation Process - assess, validate and report on multiple data components and calculations at each step to detect discrepancies.

Discover the art of creating and overseeing strategic compensation management programs that harmonize with your organization's requirements, your workforce, and your budget.

Explore the SAP SuccessFactors services we offer

Explore the SAP SuccessFactors HCM Suite

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Core HR

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Recruiting

onboardingGroup 19

Onboarding

learningGroup 20

Learning

goalsGroup 21

Performance
& Goals

developmentGroup 22

Succession & Career
Development

compensationGroup 23

Compensation

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Workforce
Analytics

FAQ's

Is SAP SuccessFactors Compensation compatible with other HR systems?

Compensation planning is a process that relies on receiving employee information to inform pay decisions and sending information to feed downstream processes. There are many benefits to automating your compensation process such as increased efficiency, an improved employee experience, more transparency, and minimize risk. However, automation alone is not enough. Disparate HR solutions and processes can hinder your ability to take a strategic approach to compensation.

What features does SAP SuccessFactors Compensation offer for performance-based compensation?

SAP SuccessFactors Compensation offers several features for performance-based compensation management. Some of these features include:

  • Variable Pay Plans: You can design and implement various variable pay plans, such as incentives, commissions, and profit-sharing, to reward employees based on their performance achievements.
  • Performance Calibration: This feature enables you to standardise and calibrate performance ratings and compensation recommendations across the organization, ensuring fairness and consistency.
  • Compensation Planning: SAP SuccessFactors provides tools for managers to plan and allocate compensation budgets effectively, taking into account performance ratings and budget constraints.
  • Total Rewards Statements: Employees can view personalized total rewards statements that highlight their base salary, bonuses, incentives, and other compensation components, helping them understand the full value of their compensation package.
  • Integration with Performance Management: SAP SuccessFactors Compensation can be seamlessly integrated with the SAP SuccessFactors Performance Management module, ensuring that performance data directly informs compensation decisions.
  • Compensation Analytics: Access to robust analytics and reporting tools allows organizations to gain insights into compensation trends, identify pay disparities, and make data-driven decisions.
How does TalenTeam customize SAP SuccessFactors Compensation solutions?

TalenTeam customizes SAP SuccessFactors Compensation solutions by configuring, automating, and integrating the software to align with your organization's unique compensation structure and needs. This includes personalized rules, user interfaces, reporting, compliance, and ongoing support.

What value will SAP SuccessFactors compensation bring to your organization?

SAP SuccessFactors Compensation can help you build and manage strategic compensation programs that align with the needs of your employees, your business, and your budget.