2643547 - Compensation & Variable Pay - Total Compensation

What is it?

• We have added a total compensation planning template which provides planners with a view into total cash compensation for improved decision making. 
• This simplifies configuration of salary, stock and bonus (variable pay) into one plan template with a consolidated set of admin tools increasing admin efficiency.

Why is this important?

• Provides the optimal landscape to easily review employees’ entire financial reward – both monetary and stock-based.
• Provides easier administration with a combined set of compensation and variable pay admin tools.
• Makes it easier to see total compensation amount without running multiple reports from multiple areas.

Prerequisites

• RBP
• Compensation
• Variable Pay

**Image/data in this KBA is from SAP internal systems, sample data, or demo systems. Any resemblance to real data is purely coincidental**

• SAP SuccessFactors Variable Pay
• SAP SuccessFactors Compensation

From compensation home you can create a new total compensation worksheet from scratch or create a new plan by merging two existing plans into one.

Creating a total compensation plan from scratch.

Please review Managing the Total Compensation Plan - Adding a New Plan Template.

Creating a total compensation plan from existing plans.

Please review Managing the Total Compensation Plan - Creating a Template by Copying from an Existing Plan.

General questions

Can you have different route maps? For example, one for Compensation and another for Variable Pay?

• There will be one route map for Total Compensation.

Can you use more than one currency conversion table?

• The same conversion table will be used for both Compensation & Variable Pay in Total Compensation.

Does total compensation support offline edit?

• Yes, for all tabs (salary, bonus and stock).

Is it possible to have different effective dates for compensation and variable pay?

• At the moment this is not possible. At the summary level only one effective date can be defined for all tabs.

What is the starting point of Eligibility in Total Compensation Template?

• Total Compensation supports both starting points for eligibility.

Important:

• Worksheet eligibility is controlled by Eligibility rules under Plan Setup> Plan Details> Eligibility.
• You cannot control Variable Pay (the tab within worksheets) with anything other than eligibility rules in this section. For example, using FALSE/TRUE within UDF column COMPENSATION_BONUS_ELIGIBLE does not work. This column is used and reserved for Compensation Bonus, not Variable Pay.

Can FBP be used?

• Yes, this feature is available in Total Compensation and within Compensation/Variable Pay.

Is it possible to view Variable Pay data within the Salary section?

• Yes, admins can configure a custom field on the salary tab to launch the Variable Pay profile in view mode. This gives planners an option to view all of the Variable Pay information for an employee without having to switch tabs.

2823817 - Compensation & Variable Pay - Total Compensation template validations

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