Compensation & Variable Pay Blog Posts
Hello Compensation Experts, Since this is my first blog, I merely wanted to check it out and see what you experts thought. By committing errors, I gain knowledge. Now, let’s continue with details related to this topic. Note – Screenshots are subject to change. Compensation Introduction A solution called SAP SuccessFactors Compensation was …
SAP SuccessFactors Compensation Introduction & Overview – Part 1 Read More »
Introduction In Compensation templates there is only one standard column called “pmRating” that can automatically retrieve a rating from Performance forms or Employee Profile or custom objects to use it in standard guideline tables. We can feed this one and only Rating column from different performance forms (in case there are different performance review …
Using several ratings from Performance forms in Compensation Read More »
Introduction Compensation Reviews are high-stakes so in this blog we look at important configuration items to double check to make sure the Compensation cycle runs as smoothly as possible, especially when it is a first cycle with a new template. Checklist for Compensation, Total Compensation and Variable Pay templates: Make sure Compensation worksheets are …
Compensation checklist before launching a new cycle Read More »
In this 20 minutes recording we cover everything there is to know about the rollup hierarchy in SuccessFactors Compensation. Key takeaways: Rollup hierarchy allows Comp Administrators to select only specific planners in a hierarchy (standard hierarchy or compensation-specific hierarchy) and add all employees in levels below them into their worksheet. It is supported for …
Understanding the rollup hierarchy method of planning Read More »
In this 15 minutes recording we explore the aggregate function of Variable Pay with the following business case : how to build data checks allowing HR and administrators to focus on employees with complex data situations before launching the annual bonus cycle. The aggregate function which is also demoed in this blog (#3) is key …
In this 10 minutes recording we look at how to publish back to Employee Central from Compensation (lumpsum or equity) or Variable Pay in a different currency than the employee’s local currency (either for all employees or for groups of employees) which we regularly get as requirement for Equity planning programs for specific group of …
How to publish back payouts in a different currency than the local currency Read More »
We often get the following question in meetings with prospecting customers : “Is it on SAP’s roadmap to build out additional data visualizations for Compensation information in SuccessFactors ?” Please find here a presentation (with some preview screenshots below) we put together to explain everything that is already possible (there is a lot !) with …
Compensation Data Visualization in SAP SuccessFactors Read More »
Introduction: This post will provide steps to be followed during requirement gathering for Successfactors Compensation implementation. Steps for requirement gathering: The first and the most important part of compensation cycle is the eligibility of employees who are to be included in the current cycle or to be excluded. The eligibility for the 3 main pillars …
SuccessFactors Compensation Implementation requirement gathering steps Read More »
Introduction A common Variable Pay request is to perform calculations based upon employees’ salaries as of a certain date, usually the end of the year. When integrating Variable Pay with Employee Central, this seemingly innocuous request becomes somewhat complex, as normally EC stores the employees’ “actual” salaries – that is, the salary of the job …
In this blog, I am going to consider 5 features which I found interesting and provide answers to a couple of questions for the concerned 5 features. We’ll explore how each feature adds value along with drawing parallel between similar features within the suite to understand how they are different from or similar to the …