SuccessFactors Compensation module been implemented to streamline their current journey of Salary increment &Bonus / Reward process and to automate the same which involves different parameters. Also, to reduce rework in the process and to have a consolidated platform which will be the input as well as the authorize of any change to the process data.
Your compensation systems should support and facilitate managerial performance of your compensation philosophy/practice.
Consider the end status of your compensation scheme: How are you going to communicate with staff? How are you going to pay this? Before the final iteration of your configuration phase start working on these two items.
Give your users the training and guidance they need before the actual process starts.
Profit from the module integrations of SuccessFactors. Determine how your project will integrate performance management & Employee centeral with compensation.
