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| Give everyone the same vision of success |
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Whether you’re in a small business or a worldwide enterprise, nothing motivates employees more than fair compensation for their efforts. SuccessFactors Compensation Planning makes it easier than ever for small companies to do it right. Now managers can structure, evaluate, organize and implement an effective and rational compensation structure to instantly improve individual and group performance. At small companies, your people are they key to your success: so replace ‘do-it-or-else’ management with a far more inspiring pay-for-performance environment. |
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SuccessFactors Compensation Management facilitates compensation planning - and motivates employee performance - with:Build a "Success Net." Exponentially increase corporate goal completion with everyone aligned
- Individualized Rewards. Connect merit pay, bonuses, and stock to employee performance for a true pay-for-performance culture.
- Performance Feeds. Keep performance information handy when making compensation decisions
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The Merit Factor. Apply automated merit increases based on guideline calculations such as job level, pay grade, performance rating, comp-ratio, and range penetration
- Lump sum adjustments. Move employees to another pay band using a lump sum adjustment to salary
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