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SAP SuccessFactors Compensation cover image

SAP SuccessFactors Compensation
Uplatz

Self-paced videos, Lifetime access, Study material, Certification prep, Technical support, Course Completion Certificate

Summary

Price
£100 inc VAT
Or £33.33/mo. for 3 months...
Study method
Online, On Demand 
Duration
10.1 hours · Self-paced
Qualification
No formal qualification
Certificates
  • Certificate of completion - Free
  • Reed courses certificate of completion - Free

Overview

Uplatz offers this comprehensive training on SAP SuccessFactors Compensation module. This is video-based online course (self-paced training). You will be awarded Course Completion Certificate at the end of the course.

SAP SuccessFactors Compensation is one of the SAP modules that helps business personnel, managers, and HR in improving budget accuracy, in reducing risk, and take care of the expenses. SAP SuccessFactors Compensation is a sub-module in SAP SuccessFactors module which helps employers in taking the right decision for the compensation of every deserving employee.

Compensation is a component of SAP SuccessFactors that provides incentives to the employees based on performance. SAP SuccessFactors Compensation Management HCM tool provides analytical data reports of individual employees which is helps in managers to take effective decisions regarding Employees compensation & payment on the basis of their work & achievements.

The SAP SuccessFactors Compensation tool provides managers with relevant information for making compensation planning decisions on salary, bonus, promotions, and stock adjustments according to individual, group, or company-wide guidelines. It is intuitive to use and highly configurable allowing an organization to tailor it to its own business processes.

What you will learn in SAP SuccessFactors Compensation module?

In SAP SuccessFactors Compensation training you will be able to learn entire concepts of employee compensation management on SAP SuccessFactors cloud business suite.

Course Highlights

  1. Creation & Management of compensation work sheets

  2. Plan setting & compensation statements

  3. Creation & Management of compensation plan guidelines

  4. Implementation & Management of employees specific data

  5. Analysis of compensation reports etc.

Certificates

Curriculum

1
section
13
lectures
10h 4m
total

    • 1: Session 1 - SAP SF Compensation 56:06
    • 2: Session 2 - SAP SF Compensation 53:26
    • 3: Session 3 - SAP SF Compensation 50:03
    • 4: Session 4 - SAP SF Compensation 56:08
    • 5: Session 5 - SAP SF Compensation 42:50
    • 6: Session 6 - SAP SF Compensation 44:21
    • 7: Session 7 - SAP SF Compensation 42:57
    • 8: Session 8 - SAP SF Compensation 50:07
    • 9: Session 9 - SAP SF Compensation 44:32
    • 10: Session 10 - SAP SF Compensation 59:16
    • 11: Session 11 - SAP SF Compensation 34:43
    • 12: Session 12 - SAP SF Compensation 47:54
    • 13: Session 13 - SAP SF Compensation 21:11

Description

SAP SuccessFactors Compensation - Course Syllabus

  1. Compensation Management introduction

  2. Enabling and Navigating compensation administration cloning compensation plan

  3. Release Management, Community Portal, Launchpad

  4. Lookup Table, Currency Conversion, Export Data and Pay range

  5. Manage Permission Roles and Group

  6. Company Settings, Groups and Families

  7. Route Map Creation and assigning in to Compensation plan

  8. Currency Conversion and Other lookup tables using formulae

  9. Basic settings (displays settings, EC Settings, Salary Proration, FBP)

  10. Advanced Settings

  11. Designing worksheet – Standard and custom fields

  12. Budget

  13. Eligibility rules

  14. Guidelines

  15. Rating Sources

  16. Defining planners, creating and managing worksheets

  17. Compensation statement creation

  18. Publish Compensation data to EC

  19. Reports and additional Topics

  20. Review of Common issues

Key topics covered in SAP SuccessFactors Compensation course include:

  • Compensation management introduction

  • Compensation mastery pre-work

  • Setup provisioning for compensation

  • Comp admin tools

  • Data integration user data file

  • Compensation plan template

  • Compensation mastery salary sheet management

  • Work sheet designer

  • Column designer

  • Setup look up tables

  • Salary pay matrix

  • Setup job code and pay grade mapping tables

  • Compensation eligibility

  • Compensation guidelines

  • Multi-dimensional matrix for guidelines

  • Compensation program budgets

  • Budget rules

  • Setup salary proration

  • Executive review

  • Multi-currency review

  • Bonus sheet

  • Bonus guidelines

  • Bonus rules

  • Stock options

  • Rating sources

  • Compensation reporting

  • Compensation statement

  • Admin maintenance

  • Real time scenario trouble demonstrated

  • EC integration

Who is this course for?

  • HR and Compensation Professionals looking to digitize and streamline their compensation planning and execution using SAP SuccessFactors
  • SAP HCM and SuccessFactors Consultants aiming to specialize in the Compensation module or expand their expertise within the SAP SuccessFactors suite
  • HRIS Analysts and Specialists responsible for managing HR technology platforms and compensation data
  • Talent Management Professionals focused on aligning performance and pay strategies within organizations
  • SAP Project Managers and Solution Architects involved in SAP SuccessFactors implementation and integration projects
  • Payroll and Benefits Administrators seeking to understand compensation-related configurations and their impact on employee records
  • IT and Functional Support Teams working on HR systems and supporting the Compensation and Variable Pay modules
  • HR Managers and Business Partners looking to use compensation insights for strategic workforce planning
  • Students and Professionals in HR Tech who want to build careers in cloud-based HR solutions with a focus on compensation planning and analytics

Requirements

Passion and determination to achieve your goals!

Career path

  • SAP SuccessFactors Compensation Consultant
  • SAP HXM Specialist – Compensation Module
  • HR Technology Analyst
  • HRIS Functional Analyst – SuccessFactors
  • Compensation and Benefits Specialist
  • People Operations Systems Analyst
  • Workforce Planning and Compensation Advisor
  • SAP Cloud HR Solutions Consultant
  • Talent Rewards Systems Administrator
  • SAP SuccessFactors Implementation Lead – Compensation

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Legal information

This course is advertised on Reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.

FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.
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