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SAP SuccessFactors Compensation

Align compensation with business objectives to effectively attract and retain talent

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Employee compensation is one of your largest investments, and making sure these dollars have an impact on the bottom line is essential. When integrated with the broader talent management strategy, compensation can engage employees, ignite better performance, improve execution, and ensure retention of top talent.

SAP SuccessFactors Compensation helps business leaders, compensation managers, and HR professionals dramatically improve budget accuracy, reduce risk, and tie their greatest expense - employee pay - to actual business results. It is the most comprehensive compensation management suite in the market.

Align compensation programs with your organization’s objectives

  • Forecast and model base, bonus, and LTI plan designs to find the optimal balance between business strategy, competitive pay, and affordability
  • Allocate budgets in ways that support strategic goals and differentiate parts of the organization and employee performance levels
  • Adapt compensation programs based on evolving business needs and strategic goals
SAP SuccessFactors Compensation objectives

Align compensation programs with your organization’s objectives

  • Forecast and model base, bonus, and LTI plan designs to find the optimal balance between business strategy, competitive pay, and affordability
  • Allocate budgets in ways that support strategic goals and differentiate parts of the organization and employee performance levels
  • Adapt compensation programs based on evolving business needs and strategic goals
SAP SuccessFactors Compensation budget

Effectively manage global compensation budgets

  • Drive consistent execution of compensation strategies across the organization with central oversight and guidance and the flexibility to optimize compensation programs for local markets
  • Configure rewards packages that incentivize employees with bonus programs based on business, team, and individual performance goals
  • Reduce risk with configurable workflows, approval rules, validation checks, and reports that increase process efficiency, improve budget accuracy, and help ensure compliance
  • Gain visibility into budget utilization across your organization with roll-up reporting, and improve decision making with access to compensation metrics and relevant employee data
  • Tie employee performance with rewards and use calibration to help ensure fair, objective compensation decisions that align performancegoal achievement with bonus payouts to instill a true pay-for-performance culture
SAP SuccessFactors Compensation budget
SAP SuccessFactors Compensation

Reward employees for their contributions and motivate them to perform at their best

  • Communicate the full value of rewards packages to employees with customizable, total-rewards statements
  • Inform employees of bonus plan eligibility and potential bonus plan payouts awarded for meeting specific targets
  • Keep employees motivated throughout the year with spot awards that recognize key milestones and outstanding contributions when they occur
  • Make goal attainment part of continuous performance management conversations with the SAP SuccessFactors Performance & Goals solution, so employees understand how their performance impacts the achievement of bonus targets

 

With global competition for talent increasing and today’s business environment changing rapidly, your ability to attract and retain top talent is critical. See how SAP SuccessFactors Compensation can help reward and retain top talent.

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