Bundle Course - SAP SuccessFactors Compensation and Variable Pay
Strategic Pay Solutions & Achieving Pay Excellence: Mastering Compensation & Variable Pay in SAP SuccessFactors. Become SAP SuccessFactors Consultant.Preview Bundle Course - SAP SuccessFactors Compensation and Variable Pay course
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This is a bundle course by Uplatz consisting of self-paced training (pre-recorded videos) on the following SAP modules:
1).SAP SuccessFactors Compensation
2).SAP SuccessFactors Variable Pay
SAP SuccessFactors Compensation: Compensation is an investment that the organization makes on its employee to ensure better performance, employee retention, improves workflow, timely execution of work, etc. SAP SuccessFactors Compensation allows the organization to strategies the compensation process while keeping sufficient place to make changes as per the local market, thus making it flexible enough. This SAP SF Compensation training will help you to understand how it optimizes budget allocation in support of business goals and create a culture of pay for performance.
SuccessFactors Compensation manages employee compensation, linking it to performance and business objectives. It integrates with other SAP modules for a seamless pay-for-performance strategy, ensuring equitable, compliant, and strategic compensation practices. It enables organization to make a critical decision regarding the employee pays, streamline and automate the compensation process so as to reduces the work of the HR department.
SAP SuccessFactors Variable Pay: Variable pay as the name suggests stands for compensation with the flexible structure or as per the contribution of employees towards the organization growth. SAP SuccessFactors Variable pay deals with the complex calculation of bonus that includes employee’s performance. It enables the organization to perform calculation separately for a different time period. SAP SF Variable pay has benefits of forecast functionality in graphical as well as tabular format making it more useful for the decision-makers.
SuccessFactors Variable Pay manages incentive-based compensation, linking bonuses to individual, team, and company performance. It supports complex bonus plans that drive employee motivation and business success.
Features of SAP SuccessFactors Compensation module
1).Compensation Planning: Tools for budgeting, guidelines, scenario planning, and approval workflows to ensure consistent and strategic compensation decisions.
2).Salary Review & Merit Increases: Manage annual salary adjustments based on performance, market data, and company policies.
3).Bonus & Incentive Management: Define and administer bonus and incentive plans, aligning them with business goals.
4).Pay-for-Performance: Directly link compensation to performance, with real-time analytics for informed decisions.
5).Compliance & Reporting: Ensure regulatory compliance and generate detailed compensation reports.
Features of SAP SuccessFactors Variable Pay module
1).Bonus & Variable Pay Management: Design and manage bonus plans with automated payout calculations and goal-based incentives.
2).Performance Integration: Tie variable pay to performance through integration with performance management processes.
3).Business Goal Alignment: Align bonus plans with strategic business goals, with dynamic adjustments as needed.
4).Budgeting & Financial Modeling: Allocate and manage bonus budgets, using scenario modeling for financial impact analysis.
5).Reporting & Analytics: Detailed reporting on variable pay, ensuring equity and alignment with business goals.
Integration of SAP SF Compensation and SAP SF Variable Pay
1).Seamless Integration: These modules work together to provide a holistic view of total compensation, ensuring fair and strategic reward practices aligned with organizational objectives.
2).Employee Experience:Together, they offer a comprehensive compensation management solution that ensures transparency, fairness, and alignment with business goals.
3).Analytics & Reporting: Advanced analytics and reporting ensure that compensation practices are aligned with business objectives and market standards
Course/Topic 1 - SAP SuccessFactors Compensation - all lectures
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Session 1 - SAP SF Compensation
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Session 2 - SAP SF Compensation
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Session 3 - SAP SF Compensation
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Session 4 - SAP SF Compensation
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Session 5 - SAP SF Compensation
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Session 6 - SAP SF Compensation
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Session 7 - SAP SF Compensation
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Session 8 - SAP SF Compensation
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Session 9 - SAP SF Compensation
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Session 10 - SAP SF Compensation
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Session 11 - SAP SF Compensation
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Session 12 - SAP SF Compensation
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Session 13 - SAP SF Compensation
Course/Topic 2 - SAP SuccessFactors Compensation (basic to adv) - all lectures
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Lecture 1 - Introduction to SAP SuccessFactors Compensation
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Lecture 2 - Provisioning and HCM Cloud Operations
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Lecture 3 - Role based Permissions
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Lecture 4 - Provisioning System for Compensation Management
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Lecture 5 - Add New Compensation Plan
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Lecture 6 - Salary Planning
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Lecture 7 - Compensation Route Map
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Lecture 8 - Eligibility Rules and Statements
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Lecture 9 - Total Compensation Plan
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Lecture 10 - Compensation Plan Configuration - part 1
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Lecture 11 - Compensation Plan Configuration - part 2
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Lecture 12 - Design Worksheet
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Lecture 13 - Compensation Configurations - part 1
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Lecture 14 - Compensation Configurations - part 2
Course/Topic 3 - Course access through Google Drive
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Google Drive
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Google Drive
The main objectives of Bundled Course-SAP SF Compensation and Variable Pay are:
a).To identify suitable terminology to communicate configuration requirements
b).To recognize the key components of a customer needs assessment during project beginning
c).To upgrade the variable pay templates and employee central
d).To perform SAP Success Factors Variable Pay module configuration based on client requirements
Compensation Mastery:
a) Pre-work
b) Compensation Management Introduction
c) Provisioning exercises
d) Discovery and Kickoff
e) Data Integration
f) Provisioning and XML
g) Comp admin tools
h) Comp Mastery Salary Sheet
i) Executive Review
j) Multi-currency review
k) Budgets
l) Bonus Sheet
m) Stock Options
n) Reporting
o) Compensation Statement
p) Admin Maintenance
q) Troubleshooting
r) EC Integration
s) Final exercise
SAP SuccessFactors Variable Pay
a) Getting started with Variable Pay & its Permissions
b) Set-up of Pre-program Tasks
c) Setup & Configure employee data (Bonus data, History, Legibility data etc.)
d) Understanding Business Goals & Setting-up of Variable Pay plan
e) Variable Pay plan design, Defining Fields & Launch
f) Knowledge on Planning Cycle
The SAP SF Compensation certification exam verifies the participants understanding in SAP Success Factors Compensation Application and prove their skills for this consultant profile of the industry solution. The SAP SF Variable Pay Associate certification exam validates the participants ability in the area of SAP Success Factors Variable Pay application.
The Course completion certificate will be awarded by Uplatz upon the completion of the Bundle Course –SAP SF Compensation and Variable Paytraining.
Below given are the Certification details of individual SAP Modules:
1).SAP Certified Application Associate- SAP SuccessFactors Compensation H1/2020)
a).Certification Level: Associate
b).Exam Name: SAP Certified Application Associate- SAP SuccessFactors Compensation H1/2020
c).Exam Code: C_THR86_2005
d).Exam Mode: Online
e).Total Number of Questions: 80
2).SAP Certified Application Associate- SAP SuccessFactors Variable Pay H1/2020
a).Certification Level: Associate
b).Exam Name: SAP Certified Application Associate- SAP SuccessFactors Variable Pay H1/2020
c).Exam Code: C_THR87_2005
d).Exam Mode: Online
e).Total Number of Questions: 80
The SAP SuccessFactors Compensation is the comprehensive compensation management suite in the business market and improves the budget accuracy, reduce risk for better businessresults. Hence, there arecontinuous job requirements in many organizations across the world. The average salary drawn by an entry-level professional in the success factors domain is $170K per year. Based on the experience, the salary may go higher up to $120K per year. The SAP Success Factors Professional
The SAP SF Compensation or Variable Pay Consultant draw an average salary of $180,000. The related job-titles are
a).SAP SuccessFactors Consultant
b).SAP SF Compensation Associate
c).SAP SF Compensation Consultant
d).SAP SFCompensation Expert
e).SAP SF Variable Pay Consultant
f).SAP SF Variable Pay Associate
This Combo Course SAP Success Factors Compensation and Variable Pay training, helps the participants to grab some of the best-jobs across the globe.
Q1.What is the reason for the name behind success factors?
Ans-The Success Factors is called so because they detail behaviours which relates to successful performance in the job.
Q2.What comprises in succession data model?
Ans-The Succession data model contains all the records of an employee. The succession data model is responsible to construct both internal and external fields.
Q3.What Kind of Configuration is done in the country specific succession data model?
Ans-The country specific succession data model is configured by address formats, country specific fields using international standards.
Q4.Define Corporate Data Model?
Ans-The Corporate Data model defines foundation object fields and their interconnectivity.
Q5. What is the purpose of propagation data model?
Ans-The Propagation data model is used for auto population from foundation tables.
Q6. What are the other data models used?
Ans-The other data models are:
Event Derivation rules
Workflow rules
Q7. How to mask sensible data in fields?
Ans-The sensible data in fields is masked by setting the attributepii=” true”.
Q8. How to set the field to be required so that it can be filled?
Ans-By setting the attribute required as true.
Q9. Define DTD?
Ans-DTD is also known as Document Type Definition. My view option is used for constructing a highly unified HR in the cloud.
Q10. Why three levels are present in a framework?
Ans-Because they detail a broad range of behaviour types which is very close to varied job roles
Q11. Define Corporate Data Model?
Ans-The Corporate Data Model refers the foundation object fields and their interconnections.
Q12. What is the purpose of Propagation Data Model?
Ans-The purpose is for auto population from foundation tables.
Q13. How is compensation pay calculated in SAP SF?
Ans-The Compensation Management package in SF handles compensation, variable pay and bonus. Compensation means the fixed salary pay whereas the bonus and variable calculations are based upon individual or team accomplishments.
Q14. How is Variable Pay calculated in SAP SF?
Ans-The Variable Pay calculations is done with a separate program in SuccessFactors Instance, the output is deviated to the people manager who has access to edit the sheet for final bonus and variable pay.
Q15. List out otherfeatures of SAP SF Variable Pay?
Ans-The Variable Pay allows the user to perform separate calculations for varied time periods in the same year. You can also perform separate calculations for staffs who shift from one project to another business or project.