SAP HCM - Compensation Management

Course code: S1160

3 days

This course will prepare the users to understand and use the Compensation Management component of SAP HCM.

Course content >

Who Should Attend?

Everybody

Prerequisites

None

Course Contents

This course will prepare the users to understand and use the Compensation Management component of SAP HCM. Configuration aspects of the module are also touched upon in detail. The user will gain understanding on the areas of Job pricing and budgeting inline with basic eligibility criteria of the workforce. The topics on compensation management and administration, compensation packages and long term incentives are covered in great detail to equip the users on compensation based scenarios.

Training Course Contents

Introduction

What is SAP HCM?
Key Concepts

Navigation in SAP HCM

Navigation and basic on-screen operations
Screen Elements
Types of Help available
User Specific settings

Compensation Management

Introduction
Core Compensation Components
Terminology
Integration

Job Pricing

Job Evaluation Results Infotype (1050)
Job Evaluation Customizing Activites
Survey Results Infotype (1051)
Survey Customizing Activities
Planned Compensation Types
Planned Compensation Infotype (1005)
Comparing Planned with Actual Compensation
Changing From Pay Scale to Pay Grade
Job Pricing Overview
Job Pricing Selection Screen
Job Pricing Detail Screen
Infotypes Used in Job Pricing
Generating Salary Structures
Salary Structure Maintenance
Job Pricing Customizing Checklist

Budgeting

Budgeting Overview
Budgeting Process
Budgeting Customizing Activities
Core Budgeting Functions
Budgeting Menu Options
Creating a Budget Structure
Linking Budget Units to Financed Objects
Copying a Budget Structure
Generating a Budget Structure from an Org. Structure
Allocating Budget Amounts / Quantities
Extending a BudgetÂ’s Validity
Releasing a Budget Structure

Compensation Packages

Compensation Areas
Compensation Planning Periods
System Parameters
Compensation Categories
Compensation Components
Fixed Compensation Components
Variable Compensation Components
Long-Term Incentive Plans

Guidelines and Eligibility

Elements That Make Up a Matrix
Integration to Appraisals System
Guideline Groups
Defining Guidelines
Eligibility Overview
Eligibility Groups
Eligibility Group Feature
Additional Criteria : Jobs
Additional Criteria : Position in Salary Range
Additional Criteria : Performance
Eligibility - The Big Picture
Defining Eligibility Rules
Overriding Eligibility

Compensation Administration

Compensation Wage Types
Wage Type Models
Compensation Adjustment Types
Compensation Adjustments Infotype
Compensation Administration Process
Compensation Administration Methods
Awarding Compensation to Individual Employees
Additional Information
User-Defined Employee Information
Customizing Employee Information
Budget Information
Mass Maintenance Overview
Mass Maintenance : Excel Worksheet
Awarding Compensation After an Appraisal
Integration to the Appraisals System Checklist
Awarding Compensation Using ManagersÂ’ Desktop

Approval & Activation Overview

Step 1 : Submit Proposals
Step 2 : Review and Reject
Step 3 : Change and Resubmit
Step 4 : Approve
Step 5 : Activate
Implementing the Workflow Scenario

Long-Term Incentives

Long-Term Incentive Plans
The Different Types of Long-Term Incentive
Vesting Rules and Schedules
Change Events
Life Events
Awards Detail
Exercise Methods
Pricing Information
Customizing Long-Term Incentives
Defining Life Events
Defining Country-Dependent Award Attributes
Set Up Life Event Vesting

Long-Term Incentive Admin

Granting Awards
Tracking Who Has Been Granted What
Exercising
Expiring and Forfeiting
Cancelling
Processing Life Events

Compensation Mgmt Customising

IMG structure: Where to set up what
Things to consider when Configuring
Case study