Enterprise Compensation Management with SAP ERP HCM

Today’s workforce is mobile, selective, and limited in many industries. And as the „Baby Boomers“ in the U.S. and throughout the world leave the workforce, it becomes more important to manage and retain workers. So having an effective compensation strategy can help motivate employees to perform better and to stay with an organization. This book provides a complete guide to planning, configuring, and administering Enterprise Compensation Management in SAP ERP HCM. The book will teach HR professionals how to use SAP HCM for compensation management by mapping key business processes to the ECM functionality in SAP HCM. It explains how SAP provides a robust framework for implementing processes, and teaches how to integrate compensation management techniques with other HR processes. It will cover everything from budgeting, planning, and configuring to go live and beyond. And it will cover the end-to-end compensation process, including business requirements, SAP functionality, and the configuration process for each.

This is the one resource consultants, HR managers, and power users need to maximize ECM