What is SAP SuccessFactors?
SAP SuccessFactors is a global provider of cloud-based human resource software and fully integrated human capital management (HCM) systems. It covers everything from core HR, payroll, and people analytics to the four pillars of talent management: recruiting, learning and development, compensation, and performance management.
SAP SuccessFactors has more than 120 million users in 60 industries more than 200 countries and territories – and our services are translated into 42 languages. SAP SuccessFactors helps companies of all sizes improve employee engagement, productivity, and team performance
SAP SuccessFactors – Salary Trends and Career Opportunities
The market leader in cloud-based Human Capital Management (HCM) software provides business benefit in terms of solutions that are elegant, flexible and comprehensive enough to be universal in terms of domain and geography.
SuccessFactors has gained over 21 million subscribers on a world-wide scale and offers customers excellent results, process knowledge along with content and analytics, and a whole lot more.
SuccessFactors HCM solutions support the complete HR lifecycle with Cloud-based solutions which are simple to implement and that which can easily keep pace with organizational growth
Why choose SAP Success Factors?
There are several reasons to select SAP Success Factors. Here are some of the reasons why the implementation of SAP Success Factors is beneficial to organizations:
1) Employee Central
Enterprises can deliver real business impact with a futuristic core HR system that redefines self-service when it comes to HR systems. Strategy-oriented IT teams and HR have come to realize that a user-friendly HR solution is the best way to generate and maintain accurate employee data. Harnessing enterprise, employee and talent-related data in a single solution delivers better results and at an accelerated rate.
2) Recruiting
This product also helps customers transform recruitment into a progressive and strategic component of a turn-key recruiting solution that helps organizations attract, select and onboard superior candidates and measure the result obtained from this process.
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3) On-boarding
This product also enables the transformation of the onboarding process into a strategic one by empowering new recruits, guiding hiring managers and linking onboarding to other essential talent management processes. This is the end will enhance job satisfaction, the time to productivity and also the retention of employees in the first year which is a critical metric.
4) Performance and Goals
Executives will be empowered to track goal progress in real time through the enterprise-wide communication of strategy and creation of meaningful team and individual goals across the enterprise putting the focus back on what matters.
This enables the enterprise to reward measure and link employee performance to business results, optimize the performance appraisal process and allow for meaningful feedback. When employees are paid based on achievement than a pay-for-performance culture is set up which helps retain the best talent and boost productivity across the enterprise.
5) Succession and Development
This product also enables for better anticipation and planning for staffing changes and assures talent readiness at all enterprise levels. It also helps in aligning learning activities with competency gaps that are present to prepare the organizational workforce for existing and future needs. Enhancement of motivation with progressive development and planning is also possible with this tool.
6) Learning
SAP SuccessFactors Learning supports professionals in enhancing employee skills, development of leadership skills and reduces compliance risks and even better enables external audiences. Development of a comprehensive learning strategy and a holistic learning management solution enables one to develop, deploy and manage instructor-led training.
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7) Workforce Planning
Organizations will be able to leverage in-depth workforce information and global benchmarks to measure readiness for the execution of strategies, forecasting the impact of business decisions and reduce risk by taking action.
Workforce Analytics and Reporting enables enterprises to deliver actionable and quantitative insights to enterprise leaders with a potent mix of business and talent data which generates simple to comprehend information which can be easily consumed by stakeholders. This acts as a massive catalyst for bringing about positive change in the business.
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Salary Trends
The average salary for SAP SuccessFactors varies from approximately $69,523 per annum for a Human Resources Manager to $120,763 per annum for a Software Architect according to the global job portal Indeed.com
Src: www.indeed.com
Figure 3: Average Base Salary for HR consultants in US
Src: www.salaryexpert.com
Src: www.salaryexpert.com
The above data is that which is available in the ERI Economic Research Institute’s Global Salary Calculator. The Global Salary Calculator provides salary data for over 45,000 positions in more than 8,000 cities in over 69 countries.
TO whom SAP SuccessFactors is beneficial
HR professionals, HR administrators, IT professionals, individual contributors
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