Compensation Management

Create a pay-for-performance culture that inspires results.

Studies reveal that nearly two-thirds of today’s senior executives name pay-for-performance as the #1 tool for achieving positive financial results at their companies. But as you’ve probably discovered, instituting this type of compensation structure is much easier said than done.

SuccessFactors Compensation Management helps you boost the performance of your employees via compensation rewards, creating a more engaged workforce that’s willing to go the extra mile for your organization. Plus you’ll enjoy clearer visibility into individual employee performance when it comes time to make those all-important compensation planning decisions.

• Create a True Pay-for-Performance Culture. Provide a clear linkage for employees between their compensation and your performance expectations.
• Improve Retention. Recognize 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.
• Optimize Budgets. Run “what-if” scenarios and instantly see how increasing merit pay to your best employees would impact your budget.
• Save on Salaries. Save your business thousands of dollars 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.

Compensation Management is an optional module of SuccessFactors’ Professional Edition for simple, automated employee performance management for the small business.