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Description of  SuccessFactors Compensation Module-V1

Published 12/2023 Created by SAP Trainings MP4 | Video: h264, 1280x720 | Audio: AAC, 44.1 KHz, 2 Ch Genre: eLearning | Language: English | Duration: 14 Lectures ( 12h 51m ) | Size: 5.83 GB SuccessFactors Compensation Pay Training What you'll learn SAP SuccessFactors Compensation can help you build and manage strategic compensation programmes that align with the needs of your employees, your business, and Compensation Planning focuses on how a company allocates salary, bonus, stocks and one time lump sum disbursements. Employee Central captures information about a company's organization, pay, job structure and employees. Compensation can be implemented as a standalone module in SuccessFactors. Requirements Knowledge of HR Processes or any beginner who wants to join this course can learn Description SuccessFactors is a cloud-based human resource management system (HRMS) developed by SAP. The platform offers various modules to support different HR functions, and one of those modules is the Compensation module.The Compensation module in SuccessFactors is designed to help organizations manage their employee compensation and reward programs. Here are some key features and functionalities typically associated with the SuccessFactors Compensation module:Compensation course content discussed in the training1. Compensation management Introduction2. Comp-Ratio , Range Penetration and salary (Proration Calculation)3. Setup Provisioning for compensation4. Enabling and Navigating compensation administration5. Assigning route maps to compensation template6. Employee data export7. Compensation data uploading option8. Currency conversion table9. Salary ranges Job code and pay grade Mapping10. Clone compensation plan11. Plan setup a?? basic setting12. Plan setup a?? Advance setting13. Design worksheet a?? standard and custom column14. Design worksheet a?? Formulas and custom column15. Lookup table with custom business scenario16. Plan Instruction17. Define compensation period data18. Budget Rule19. Eligibility Rules20. Guidelines21. Rating source22. Define Planners23. Create compensation worksheet24. Manage compensation worksheet25. Complete compensation cycle26. Create compensation statement27. Compensation statement generation28. Recall compensation statement29. Modify compensation statement settings30. Preview compensation statement31. Generate revised compensation statement file. Who this course is for Benefit for SuccessFactors Beginners and Intermediate