Name: Salary Management System
Target Market: All Industry Verticals
Functional Area: Compensation Management
Short Description: Solution to securely manage the yearly salary review and approval process within SAP.
Detailed Description: Every organization, regardless of size or industry, must have a structured process for
fairly, efficiently, and securely managing annual merit increases. Managing the process can be complicated due to the sensitive nature of the information
and the approval process that is typically required. While standard SAP ECC HR includes compensation planning functionality, it does not provide an adequate
solution for managing this process. This application, which has been used by the authoring company for several years, is used to plan merit increases by using
compa-ratios and performance ratings to determine acceptable salary increase guidelines for each salaried employee. The manager determines the final percent
increase within these guidelines. The proposed salary increases pass through several levels of approval before being loaded into SAP. The application sits on
top of standard HR and leverages the information stored within that module. It includes 14 programs to extract and post information, support the application,
and to provide reporting capability.
All salary information is presented on one screen within SAP ECC where the managers can assess performance and specify a merit raise. All of the
information which the manager needs to consider when performing the annual salary review process is presented on the screen: current salary, compa-ratio,
performance rating as well as salary range. The system also proposes the percent range for the increase based upon company guidelines.
Price: Available upon request
Evaluation Period: 30 day free trial
Yearly Maintenance: None
Support: Standard support included in the price