The SAP SuccessFactors Compensation solution helps companies manage employee compensation by aligning rewards with performance and business goals. It offers a digital environment for efficiently managing salaries, bonuses, and incentives. By supporting data-driven decision-making, it brings transparency to compensation planning.
SAP SuccessFactors Compensation integrates with other SAP SuccessFactors modules to provide a comprehensive view of employee performance and rewards. It ensures top talent is appropriately recognized and rewarded, improving employee engagement and retention.
Key Features of Compensation
- Comprehensive salary and benefits management
- Performance-based compensation models
- Global and local compliance in compensation
- Automated salary increases and bonus management
- Flexible benefits and rewards systems
- Mobile-compatible compensation tracking and management
- Budget and expenditure planning
- Integration with salary comparisons and market data
- Integration of employee satisfaction and feedback
- Compensation analytics and reporting
Benefits of Compensation
.png)
Compensation planning
- Centralized oversight of compensation planning
- Support for a pay-for-performance culture
- Configurable views for ideal planning
- Real-time budget insights
- Real-time insights and reporting
.png)
Compensation program design
- Guideline and budget modeling
- Bonus forecasting
- Templates based on leading compensation practices
.png)
Employee reward and recognition
- Instant recognition messages
- Spot awards programs
- Multiple reward options
- Configurable personal compensation statements
About Detaysoft
