What is SAP SuccessFactors Compensation?

Our intuitive compensation management software can help you build and manage strategic compensation programs that align with the needs of your employees, your business, and your budget. With the SAP SuccessFactors Compensation solution, you can improve individual and business performance through personalized, timely rewards and recognition programs.

• Make informed decisions about employee pay
• Automate and simplify employee compensation planning
• Centralize employee compensation management

Features

Compensation planning

Manage rewards and compensation with real-time insights by using a single, unified solution. Centralized oversight of compensation planning Roll out and execute compensation strategies across the organization with central oversight and the flexibility to optimize compensation programs for local markets. Support for a pay-for-performance culture Build bonus programs based on business, team, and individual performance goals and use calibration tools to tie employee performance with rewards and make more objective compensation decisions. Configurable views for ideal planning Design unique worksheet experiences for various organizational roles–with customized views, data filters, and collapsible columns–to provide planners with relevant and need-to-know employee data. Real-time budget insights Gain visibility into budget utilization across your organization with roll-up reporting and improve decision-making with access to compensation metrics, data insights, and relevant employee details. Real-time insights and reporting Gain visibility into budget utilization across your organization and use visualizations to turn your data into actionable insights to improve compensation decision-making.

Compensation program design

Optimize your compensation programs with advanced modeling and forecasting capabilities based on best practices. Guideline and budget modeling Simulate different budget scenarios–in ways that support strategic goals and differentiate parts of the organization and employee performance levels–to determine optimal compensation guidelines. Bonus forecasting Emulate various business outcomes to validate forecasting and spend on bonuses for employees. Templates based on leading compensation practices Customize worksheets for compensation planning using best practice templates.

Employee reward and recognition

Motivate your employees to perform at their best through timely recognition awards and acknowledgments. Instant recognition messages Help motivate employees throughout the year by using reward and recognition tools that provide real-time acknowledgment of milestone achievements and outstanding contributions. Spot awards programs Oversee the spot award lifecycle, including budgeting, localized currencies, nominations, and payment processing. Multiple reward options Set up multiple employee recognition programs, including cash-based, points-based, and “thank you” design options. Configurable personal compensation statements Communicate the value of rewards packages to employees with configurable personal compensation statements.