Compensation Management

Inspire greatness with true pay-for-performance.

"Pay-for-performance" was named by many of today's senior executives as the most critical tool for achieving the greatest financial results at their companies. By rewarding your highest performing employees, you will drive organizational performance to its highest possible level. You'll also enjoy clearer visibility into individual employee performance when making critical compensation planning decisions.

But, implementing this type of compensation structure isn't an easy task. SuccessFactors can help by making it simple for you to quickly and easily implement a powerful pay-for-performance strategy.

• Increase employee retention. High performers who are rewarded appropriately feel appreciated for their exceptional efforts. This creates increased loyalty and a greater likelihood of staying with your company.
• Optimize budgets. Run "what-if" scenarios and instantly see how increasing merit pay to your best employees would impact your budget.
• Savings. Save your business thousands of dollars every year by making sure you're not overpaying low performers. Also, compensation managers will enjoy the time and financial savings with the easy-to-use, automated system.
• Error-free data. Manage your compensation in a secure environment with streamlined workflows where your data is determined via calculation and eligibility engines—eliminating privacy breaches and human calculation errors.

The power of Business Alignment and People Performance combined: SuccessFactors' Business Execution Software, with optional Compensation Management, helps mid-size organizations achieve maximal business results by aligning, arming and inciting them to greatness. Learn more about Business Execution Software including recruiting, performance management, goal management and more.

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