Compensation Management
Drive business results by creating a true employee performance-related pay culture.
Studies reveal that nearly two-thirds of today’s senior executives name performance-related pay as the #1 tool for achieving positive financial results at their companies. But as you’ve probably discovered, instituting this type of compensation structure at your organisation is much easier said than done.
SuccessFactors Compensation Management helps you significantly boost the performance of your employees via compensation rewards, creating a more engaged workforce that’s willing to go the extra mile for your organisation. Plus you’ll enjoy clearer visibility into individual employee performance when it comes time to make critical compensation planning decisions.
True Performance-related pay Culture. Provide a clear linkage for employees between their compensation and your performance expectations.
Improve your Talent Retention. Recognise employees for a job well-done using variable pay and other proven methods. So your top performers stay happy—and more likely to stay with your company.
Budget Optimisation. Run “what-if” scenarios and instantly see how increasing merit pay to your best employees would impact your budget.
Cost Savings. Save your business thousands of pounds every year by making sure you’re not unfairly compensating those employees who fall short in their efforts to help your company achieve its key objectives.
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