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SuccessFactors Compensation and Variable Pay Administration


Introduction

This one day course uses the concepts and terminology associated with the SuccessFactors Compensation and Variable pay modules to help you develop a working knowledge for use in implementing your compensation and variable pay strategy. You will gain basic skills in how to use the SuccessFactors Compensation and Variable Pay modules as an Administrator and learn how to manage the basic tools for managing compensation and variable pay cycles in your organisation.

This one day course uses the concepts and terminology associated with the SuccessFactors Compensation and Variable pay modules to help you develop a working knowledge for use in implementing your compensation and variable pay strategy. You will gain basic skills in how to use the SuccessFactors Compensation and Variable Pay modules as an Administrator and learn how to manage the basic tools for managing compensation and variable pay cycles in your organisation.
This one day course uses the concepts and terminology associated with the SuccessFactors Compensation and Variable pay modules to help you develop a working knowledge for use in implementing your compensation and variable pay strategy. You will gain basic skills in how to use the SuccessFactors Compensation and Variable Pay modules as an Administrator and learn how to manage the basic tools for managing compensation and variable pay cycles in your organisation.
Price:
On Request
Duration: 1 day

Getting Started with SuccessFactors Compensation

  • Compensation Overview and Permissions
  • Managing the Employee Data File
  • Managing Compensation Tables
  • Workshop – Managing Employee Data
  • Workshop – Managing Compensation Tables

Setting up a New Compensation Plan

  • Plan Setup
  • Worksheet Design
  • Plan Details
  • Managing Compensation Worksheets
  • Workshop – Creating and Editing a Compensation Plan

Complete Planning Cycle

  • Complete Compensation Planning Cycle
  • Types of Reports
  • Workshop – Generate Compensation Statements

Getting Started with SuccessFactors Variable Pay

  • Describing SuccessFactors Variable Pay
  • Describing Variable Pay Permissions
  • Setting up Pre-Program Tasks

Plan Setup and Configuration

  • Defining Plan Setup
  • Importing Employee History Data
  • Importing Bonus Plan Data
  • Importing Eligibility Rules
  • Importing Business Goals
  • Importing Business Goal Weights
  • Workshop – Setup a Variable Pay Plan

Worksheet Design and Launch

  • Identifying the Elements of a Variable Pay Form
  • Describing the Number Format
  • Defining Field Labels and Visibility
  • Defining Launch and Update Worksheets
  • Workshop - Create a Variable Pay Worksheet

Planning Cycle

  • Completing the Plannning Cycle
  • Generating Variable Pay Reports
  • Workshop - Generating Variable Pay Reports
  • Configure and implement compensation planning.
  • Configure and implement variable pay planning.

SuccessFactors Foundation Course

SuccessFactors System Administrators responsible for creating and configuring compensation plan templates, modifying and managing compensation reporting, creating and configuring Variable Pay plans, and forecasting and running calculations.