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:
- Can calculate bonus payout on weighted business, individual, and/or team goals
- Can integrate employee performance into bonus calculation as an additive or multiplier
- Can support multiple bonus plans
