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Enterprise Compensation Management

The solution simplifies an implementation of innovative reward strategies, such as performance- and competency-based pay, variable pay plans, and long-term incentives reward programs. Calculated bonuses are to be passed to payroll.

The instruments of Enterprise Compensation Management allow you to:

  • Manage compensation management, based on long- and short-term workforce activity results;
  • Supply different combinations of motivation schemes for different employees and subdivisions;
  • Organize hand-to-hand endorsement of a compensation calculation results between managers (using MSS), HR administrator, competencies specialist;
  • To conduct periodical revisions of salary accordingly to enterprise remuneration terms;
  • Perform benchmarking study of compensation packages on basis of inner and outer salary data.

SAP MATERIALS