Compensation Planning

Want inspired performance? Reward your people for it.

Correctly rewarding individual effort based on performance is the most potent motivational performance tool available. SuccessFactors Compensation Planning makes it easier than ever for businesses to implement a pay-for-performance culture. Now managers can structure, evaluate, organise and implement an effective and rational compensation structure that improves individual and group performance like nothing else. Install a true meritocracy - and replace “do-it-or-else” management motivators with a far more inspiring and positive pay-for-performance environment.

SuccessFactors Compensation Management facilitates compensation planning - and motivates employee performance with:

• Individualised Rewards; Connect merit pay, bonuses, and stock to employee performance for a true pay-for-performance culture.
• Performance Feeds; Keep performance information handy when making compensation decisions.
• The Merit Factor; Apply automated merit increases based on guideline calculations such as job level, pay grade, performance rating, comp-ratio, and range penetration.
• Lump sum adjustments; Move employees to another pay band using a lump sum adjustment to salary.
• Variable Pay; Take overall company or department performance into account on each individual compensation decision.
• Global enablement; Support global offices with local currencies.