SAP Knowledge Base Article - Preview

2643547 - Total Compensation

Symptom

What is it?

  • We have added a total compensation planning template which provides planners with a view into total cash compensation for improved decision making. 
  • This simplifies configuration of salary, stock and bonus (variable pay) into one plan template with a consolidated set of admin tools increasing admin efficiency.

Why is this important?

  • Provides the optimal landscape to easily review employees’ entire financial reward – both monetary and stock-based.
  • Provides easier administration with combined set of compensation and variable pay admin tools.
  • Makes it easier to see total compensation amount without running multiple reports from multiple areas.

Prerequisites

  • RBP
  • Compensation
  • Variable Pay

**All images from demo instances**


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Environment

  • SuccessFactors Variable Pay
  • SuccessFactors Compensation

Product

SAP SuccessFactors Compensation all versions ; SAP SuccessFactors HCM Core all versions

Keywords

total compensation, variable pay total compensation, compensation total compensation, total plan , KBA , LOD-SF-CMP , Compensation Management , LOD-SF-VRP , Variable Pay Programs , Product Enhancement

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