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SAP SuccessFactors Compensation
1.
SAP SuccessFactors Compensation
| PUBLIC Motivate Your Employees to Perform at Their Best ©2020SAPSEoranSAPaffiliatecompany.Allrightsreserved. 1 / 5
2.
2 / 5 The SAP® SuccessFactors®
Compensation solution helps you build and manage strategic compensation programs that align with the needs of your employees, your business, and your budget. Unlike personal produc- tivity tools or other solutions that simply automate and streamline compensation planning, SAP SuccessFactors Compensation focuses on delivering meaningful rewards experiences that are personalized, relevant, frequent, and timely for your employees across the globe. Massive business disruption is creating a seismic shift in how and where people work. In this changing world of work, an organization’s ability to stay connected and engaged with their distributed workforce is critical to ensuring business continuity and sustained success. Improving the rewards experience for your remote workforce and maintaining a positive workplace culture are more important than ever. Stay Connected with Your Employees and Keep Them Engaged Build and manage strategic compensation programs that align with the needs of your employees, your business, and your budget. ©2020SAPSEoranSAPaffiliatecompany.Allrightsreserved.
3.
3 / 5 Making the best
use of limited compensation dollars is essential to your organization’s ability to keep employees working on what matters most and to drive the business forward. With SAP SuccessFactors Compensation, you can optimize your compensation programs by prioritizing the allocation of compensation budgets across multiple Align Employee Compensation with Your Business Strategy competing attributes using proprietary modeling tools (see Figures 1 and 2). You can also simulate different budget scenarios to determine compensation guidelines that best fit your business objectives.What’s more, forecasting tools let you project bonus payouts throughout the year by emulating various business outcomes – enabling you to validate forecasting and spend on employee bonuses. Figure 2: Compensation ModelingFigure 1: Compensation Modeling Home Page ©2020SAPSEoranSAPaffiliatecompany.Allrightsreserved.
4.
4 / 5 Ensuring employee compensation
that is fair and equitable is critical to achieving maximum engagement and retention. Take the guesswork out of compensation planning to enable smarter pay decisions with SAP SuccessFactors Compensation (see Figure 3). Drive the consistent execu- tion of compensation strategies across your organization with central oversight and guidance while gaining the flexibility to optimize compensation programs for local Enable Insight-Driven Compensation Planning markets.You can also design unique worksheet experiences that empower planners to better manage and control their workspace using configurable views that show relevant and need-to-know employee data. Roll-up reporting lets you gain visibility into budget utilization across your organization. And easy access to compensation metrics, real-time data insights, and relevant employee details improves decision-making. Keep pay decisions free from subjectivity and bias using calibration tools to drive more-accurate assessments of performance and compensation. You can also build bonus programs based on business, team, and individual performance goals to help ensure fair and objective compensation decisions. Figure 3: Total Compensation Planning ©2020SAPSEoranSAPaffiliatecompany.Allrightsreserved.
5.
5 / 5 Increase Transparency and
Understanding with Clear Compensation Communication A great rewards experience is about acknowledging people – whether individuals or teams – for their successes. SAP SuccessFactors Compensation increases the visibility and transparency of employee rewards. You can build recognition programs that align to the needs of your employees, your business, and your budget with flexible design options including cash-based, points-based, “thank you,” and peer-to-peer award programs (see Figures 4 and 5). Engage employees in all work environments with quick and easy recognition program nominations and award redemptions – anytime, anywhere – by giving them access from desktop and mobile devices. Employees can understand the full value of their total compensation package with configurable personal com- pensation statements. You can also inform them of their bonus plan eligibility and potential payouts awarded for meeting specific targets with bonus assignment letters. LEARN MORE To learn how SAP SuccessFactors Compensation can motivate your employees to perform at their best, contact your SAP representative or visit us online. Figure 4: Rewards and Recognition Home Page Figure 5: Award Details ©2020SAPSEoranSAPaffiliatecompany.Allrightsreserved.
6.
© 2020 SAP
SE or an SAP affiliate company. All rights reserved. No part of this publication may be reproduced or transmitted in any form or for any purpose without the express permission of SAP SE or an SAP affiliate company. The information contained herein may be changed without prior notice. Some software products marketed by SAP SE and its distributors contain proprietary software components of other software vendors. National product specifications may vary. These materials are provided by SAP SE or an SAP affiliate company for informational purposes only, without representation or warranty of any kind, and SAP or its affiliated companies shall not be liable for errors or omissions with respect to the materials. The only warranties for SAP or SAP affiliate company products and services are those that are set forth in the express warranty statements accompanying such products and services, if any. Nothing herein should be construed as constituting an additional warranty. In particular, SAP SE or its affiliated companies have no obligation to pursue any course of business outlined in this document or any related presentation, or to develop or release any functionality mentioned therein. This document, or any related presentation, and SAP SE’s or its affiliated companies’ strategy and possible future developments, products, and/or platforms, directions, and functionality are all subject to change and may be changed by SAP SE or its affiliated companies at any time for any reason without notice. The information in this document is not a commitment, promise, or legal obligation to deliver any material, code, or functionality. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. Readers are cautioned not to place undue reliance on these forward-looking statements, and they should not be relied upon in making purchasing decisions. SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE (or an SAP affiliate company) in Germany and other countries. All other product and service names mentioned are the trademarks of their respective companies. See www.sap.com/copyright for additional trademark information and notices. Studio SAP | 70394enUS (20/06) www.sap.com/contactsap Follow us
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