Explaining Total Compensation

Total Compensation enables Salary and Bonus planning to be completed in one worksheet. Previously, SAP SuccessFactors Compensation and Variable Pay modules were administered in separate templates, resulting in planners opening two different forms to enter their recommendations. With Total Compensation, administrators can manage both Compensation and Variable pay using a single template, and planners are provided with a holistic view of employees' total rewards in one form.

Total Compensation is relevant ONLY when companies:

1. Have Variable Pay implemented
2. When the Variable pay approval process is the same as the Compensation approval process
3. When Compensation is NOT using Hierarchy-Based Approval
4. When Variable Pay is NOT using Assignment-Based ratings

• Tools for SAP SuccessFactors Compensation and Variable Pay are combined to increase administrator efficiency.
• Recommendations are completed in one form.
• Fields from the Variable Pay tab can be cross-referenced in the Salary tab.
• A planner can view an employee’s complete Variable Pay calculation without leaving the Salary tab.
• A new Total Compensation template can be created using existing Compensation and Variable Pay plans as a baseline.

• Total Compensation facilitates a streamlined process for salary and bonus planning by combining SAP SuccessFactors Compensation and Variable Pay modules into a single worksheet, allowing planners to enter recommendations and view employees' total rewards holistically, eliminating the need for separate templates.
• The Total Compensation feature is applicable only when companies have Variable Pay implemented with a similar approval process to Compensation, and neither Hierarchy-Based Approval for Compensation nor Assignment-Based ratings for Variable Pay are utilized