Describing SAP SuccessFactors Variable Pay

Objective

After completing this lesson, you will be able to list the capabilities of SAP SuccessFactors Variable Pay.

Introduction to SAP SuccessFactors Variable Pay

SAP SuccessFactors Variable Pay is a system designed to standardize employees’ Short-term Incentive (STI) calculation and process.

Short-term Incentive or Bonus is a type of compensation where payout varies based on achieving predefined company metrics.

SAP SuccessFactors Variable Pay features include:

  • Calculation of bonus payout on weighted business, individual, and/or team goals
  • Integration of employee performance into bonus calculation as an additive or multiplier
  • Support for multiple bonus plans
This screenshot shows one of the Settings pages for Variable Pay.

Summary

  • SAP SuccessFactors Variable Pay is a system designed to standardize employees' Short Term Incentive (STI) calculations and processes.
  • Features of Variable Pay include the ability to calculate bonus payouts on weighted bonuses, integration employee performance into bonus calculations, and support multiple bonus plans.