Compensation Management

Incite your people to greatness with true pay-for-performance.

Many of today's senior executives name pay-for-performance as the most critical tool for achieving the greatest financial results at their companies. But, small companies, with limited time and resources, may find that instituting real pay-for-performance is easier said than done. SuccessFactors makes it easy for you to quickly and easily implement a powerful pay-for-performance strategy. By rewarding great execution, you will enjoy higher retention rates of your top talent and drive organizational performance that exceeds all expectations. Plus, you'll enjoy clearer visibility into individual employee performance when it comes time to make critical compensation planning decisions.

  • True pay-for-performance culture improves employee retention. Employees, who feel rewarded appropriately for their performance, feel valued and 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.
  • Key savings. Save your business thousands of dollars every year by making sure you're not unfairly compensating low performing employees. Also, the easy-to-use automated system will save compensation managers time and money.
  • Zero error system. 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 the optional Compensation Management, helps small organizations achieve maximal business results simply by aligning, arming and inciting organizations to greatness.

Find out more about Business Execution Software for small companies from SuccessFactors.

Datasheet
Incite, reward, and retain top performers while streamlining the comp process
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Pay for Performance
Learn how simple compensation changes can drive real business results
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Televerde Case Study
SuccessFactors enables Televerde Solutions to make critcal business decisions
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SuccessFactors Compensation Management

SuccessFactors Compensation Management gives managers the structure and tools they need to effectively evaluate, organize and implement an effective and rational compensation structure in their area of responsibility to improve organizational performance. By clearly linking job performance and salary, Compensation Management can significantly increase employee performance and satisfaction.
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