Intuitive, configurable processes for base and variable pay have simple, accurate, streamlined workflows allowing you to adopt a best practice approach to employee compensation, and build a culture of ongoing engagement.
When talented employees are rewarded, they become even more engaged and productive. With SuccessFactors Compensation you can drive direct alignment of employee performance and compensation, turn metrics into actionable performance insights and model different strategies to understand their business and fiscal outcomes.
Simple, accurate, streamlined workflows using intuitive, configurable processes for both base and variable pay.
Automatically stored data saves time, reduces risk, and improves audit compliance. Compensation, training and employee data can be combined with additional business data for total employee compensation analysis.
Automated monitoring and built-in reports keep payouts in line with budgets and regulations. Approval rules, validation checks and reports on data and calculations at each step allow administrators to detect and correct discrepancies as they occur.
Performance-based calibration across the company improves fairness and provides a clear linkage between employee performance and employee compensation. This ensures objective, fact-based decisions around compensation.
With more than 20 pre-built reports, covering: Pay for Performance, Budget Rollups, Exceptions, Discrimination and Legal Compliance, Employee Details, you can easily forecast business fiscal results to model different compensation scenarios.
We're delighted to be working with Edenhouse who provide extremely knowledgeable, dedicated and friendly consultants.