When using SAP SuccessFactors Compensation you will:

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Speed up the compensation process

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Get real-time insights; You need less preparation time and fewer worksheets

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Get a unified picture of compensation in your business

Get track of your compensation process – once and for all

Compensation. What do you understand by this word? And how is this handled in your company? Compensation is about giving your employees the right salary for the work they do, while at the same time it can be about bonus for an extraordinary effort. Salary and bonus are two important measures you can use to make your employees feel seen and valued, and it is therefore extremely important that this is done in the right way. 

Many companies do not have system support for their compensation process, and compensation is calculated manually. The approval process is also manual, and is done by e-mail or in meetings. As we all know, manual processes can be both heavy, complicated and lead to errors. The good news is that there is a simple and intuitive solution for managing compensation, a solution that provides you with an overview and insight; Overview of the entire compensation process. Insight into each employee's salary development. Sounds great, doesn't it?

Known compensation challenges

  • You have no system support for the annual salary review 
  • You have no system support for bonus allocation
  • Manual processes and calculations give a poor overview and can lead to errors 
  • Your managers can't see how much of their budget they've spent, resulting in a lack of overview.
  • You have no system support for approving salary adjustments. 
  • It is difficult to get an overview of total salary adjustment, both per department, for a location or for the entire company
Compensation

Choose a system that helps give you an overview

By choosing an automated compensation solution, you give your managers both insight and overview throughout the process. Choose a solution that allows your managers to see how an individual employee's potential pay change affects the entire department and the overall budget. Choose a solution that allows you to try different adjustments to see how this affects the overall picture and ultimately provides a correct and fair pay adjustment. Select a solution with an approval process. Choose the solution that gives you the overview you need.

Which solution should you choose?

There are several different systems for managing compensation, and we fully understand that familiarizing yourself with what the different systems contain is an extensive task. We at Sariba have for over 20 years delivered HR systems to both large and small companies, in the public and private sectors, and have good experience when it comes to advising our customers. Of course, we help you choose the solution that is tailored to your needs, both for today and for the future.

 

SAP SuccessFactors Compensation

SAP SuccessFactors Compensation is a user-friendly cloud solution that ensures a simpler, safer and more accurate compensation process in your company. In addition to giving you a full overview of all reward and compensation agreements, helps SuccessFactors Compensation you by linking achievement and reward together in an objective way that helps to raise the commitment within the company - so you can build a strong performance culture.

What is supported?

The solution supports both salaries, bonus schemes and other types of remuneration - and because SuccessFactors Compensation visualises all data in a user-friendly way, you can quickly compare, rank and distribute various payments and allowances. This also allows you to easily adjust goals with graphs, overviews and filters. With SuccessFactors Compensation you also get predefined reports that prevent discrimination and ensure that legal requirements are met.

Gains
  • Get a single picture of compensation and bonus
  • Faster implementation, from 2 months to 2 weeks
  • Real-time insights, less preparation time and fewer spreadsheets
  • Coordination of compensation with business goals

Already using SAP HCM?

Then you know that you have chosen a robust and reliable HR solution. Sariba have been working with SAP HCM for over two decades, and we dare to say that we are among the very best in this field. We are more than happy to help you both maintain and further develop your SAP HCM system, and when at some point you are ready to step into the cloud and get SAP SuccessFactors, you can rest assured that we will guide you safely all the way.