Compensation and Benefits in the spotlight at SuccessConnect Las Vegas 2018
At SAP SuccessFactors, our mission is to help you to provide more meaningful experiences with the most intelligent, comprehensive HCM solution so you can connect your HCM strategy with your broader business strategy and fuel phenomenal results back to the business. We are innovating every day to connect your people to your purpose so you can run at your best. We do this by putting people at the center of your business, transforming the total workforce experience, and enabling the intelligent enterprise with the power of SAP and a global best-in-class partner ecosystem.
In support of this vision, we have made several advancements in the SAP SuccessFactors Compensation and SAP SuccessFactors Employee Central Global Benefits solutions this year.
Here are some of the new capabilities we have introduced in 2018:
- Total compensation planning template
- New benefits pattern for U.S. savings plans
I am pleased to share that at SuccessConnect Las Vegas 2018, SAP SuccessFactors Compensation, and SAP SuccessFactors Employee Central Global Benefits, will take center stage as customers, partners, and industry thought leaders come together to share forward-looking ideas, innovative best practices, and expert suggestions on winning through talent management.
In the following sessions, you’ll discover the business issues driving customers to adopt SAP SuccessFactors Compensation and Benefits solutions. You will learn how organizations are charting their unique journeys, and the business benefits they are realizing along the way. You’ll get a first-hand look at some of our exciting technology innovations that are enabling companies to take their compensation and benefits processes to the next level. You’ll also gain valuable insight into the strategic investments we are making in our product road maps to ensure we continue to meet your evolving needs.
You’ll notice some new session types this year at SuccessConnect– based on what you have told us you would like to see! While our Solution Adoption roundtables continue to fill up quickly, we now have 15-minute Snapshots, which are quick and concise ways to impart information and tips to you on topics including total compensation planning. Finally, make sure to swing by the SAP SuccessFactors Employee Central and Talent Management Meetups where you can join your peers who are using or investigating SAP SuccessFactors solutions for casual networking and conversation. It’s truly an opportunity to make connections based on your common challenges, interests, and goals in a relaxed environment. There will also be SAP SuccessFactors solution experts in attendance to answer your most burning questions.
Here’s a quick run-down of the compensation and benefits sessions.
Overview: SAP SuccessFactors Solutions for Performance, Succession, and Compensation – September 12, 11:30-12:15 and 4:15-5:00
In today’s competitive and fast-paced environment, the race to develop, engage, and retain key talent is critical to driving real business impact. Learn how the SAP SuccessFactors Performance & Goalsand SAP Succession & Developmentsolutions help foster a culture of continuous dialog and feedback, as well as ongoing employee development to increase employee engagement and boost organizational strength. And see how SAP SuccessFactors Compensation helps align compensation programs with business objectives to more effectively attract, motivate, and retain top talent. Whether you’re new to SuccessConnect or a returning customer, you’ll be sure to take away new ideas to help give your people the purpose they need to drive organizational success.
Strategically Investing Resources in What Matters: Making Effective Compensation Decisions – September 12,11:30-12:15
Are you giving enough to your high performers? Are you offering the right rewards mix to your newest employees? Are your managers effectively communicating the value to employees? Every organization wants to reward the right people in the right manner as a means of increasing employee engagement, retention, and performance, yet only 50% of organizations say that their compensation decisions positively impact overall company performance. Join this interactive session where we will play “Are You Smarter Than a Compensation Expert?” Our expert customer panelists will share how their organizations are achieving success in delivering employee rewards. And, as a bonus for attending this session, you will receive late-breaking findings from our unparalleled research on these topics. This session is not to be missed!
Lessons Learned from Mohawk Industries’ Managing Employee Benefits in SAP SuccessFactors Solutions – September 12, 11:30-12:15
When Mohawk Industries migrated from Workday to SAP SuccessFactors solutions in 2016, it identified the need for modern U.S. and Canadian benefits administration as part of the SAP SuccessFactors environment. Mohawk faced ever-more complex challenges around educating employees on their benefits, reaching the mobile workforce, and managing costs. Mohawk also wanted to avoid previous IT challenges with separate systems with duplicate employee data, a different user experience, integrations to manage, and loss of data security. Mohawk partnered with AspireHR to deploy a modern, mobile benefits administration system within its SAP SuccessFactors environment. It provides a flexible framework for managing its complex benefits packages and handles their employee eligibility, qualifying events, online enrollment, administration, reporting, compliance and payroll integration needs. Join us to hear Mohawk’s continuing journey with SAP SuccessFactors solutions and benefits administration.
How Cargill Automated Budget Pools and Incentive Plans with SAP SuccessFactors Extension Application – September 13, 9:00-9:45
Organizations have many incentive plans, and keeping a complete inventory of the business drivers, payout curves, and administrative practices is daunting with a spreadsheet-based process. Recording requests for budget transfers among the various incentive plan pools is also error prone without a self-service tool. Cargill was manually gathering, tracking, and reporting on incentive plans. Before automation, staff spent hours fixing complex spreadsheets to provide consolidated reports to management. Budget transfers required significant HR and comp involvement, and managers had to remember to underspend. Cargill’s new solution, developed by EIR, is fully integrated with SAP SuccessFactors solutions, securely defines incentive plans, models payout curves, and manages budget pools and transfers to deliver real-time reports, making bonus allocations easy and accurate. Join this session to learn how to transform a manual, complex process into an easy-to-use, self-service compensation tool.
Leveraging Technology to Drive a Consumer-Focused Benefits Strategy – September 13, 9:00-9:45
Managing U.S. benefits has never been more complex. Today’s HR leader must rein in healthcare costs, improve employee engagement, and retain top talent – all while navigating regulatory uncertainty and managing four generations of talent in the workforce. Join this session to hear how our customers have improved their employees’ benefits experience and satisfaction while gaining administrative efficiencies. We will take you on a data-driven tour of the U.S. benefits landscape, and share how you can adopt a consumer approach to your U.S. benefits strategy.
Road Map and Direction for SAP SuccessFactors Compensation – September 13, 10:15-11:00 and 1:45-2:30
Curious about what’s on the horizon for the SAP SuccessFactors Compensation solution? Join us for this session with SAP SuccessFactors software product management. You’ll gain insight into our strategy and direction for SAP SuccessFactors Compensation and hear about upcoming key capabilities, including enhanced compensation modeling tools, total compensation statements, and a compensation assistant. There will also be an opportunity for you to ask questions.
Solution Adoption Roundtable
Develop your PM Strategy Through Ongoing Feedback, Coaching, and Real-Time Rewards – September 12, 4:15-5:00
Join our solution experts for an open, roundtable discussion as we explore different ways to foster ongoing feedback, coaching, and real-time rewards to employees. This session will also discuss the tools in SAP SuccessFactors solutions that you can leverage to execute on your programs and strategy – tools for continuous performance management (CPM), mentoring, development/goal plans, evergreen PM forms, reward and recognition, and more. You will walk away from this discussion with actionable insights. Solution adoption roundtables are small interactive sessions designed to enable collaboration and best-practice sharing on designated topics between current customers and SAP product experts. This session is facilitated by the Customer Adoption team and other subject matter experts on SAP SuccessFactors solutions. It is 45 minutes in length, has limited seating, and is on a first-come, first-served basis. It is open to current customers only.
Ensure a Seamless Process Using SAP SuccessFactors Employee Central and Compensation Integration – September 13, 11:30-12:15
Join our solution experts for an open, roundtable discussion about building integrations to and from the compensation solution to help ensure a seamless process of rewards delivery. Solution adoption roundtables are small interactive sessions designed to enable collaboration and best-practice sharing on designated topics between current customers and SAP product experts. This session is facilitated by the Customer Adoption team and other subject matter experts on SAP SuccessFactors solutions. The session is 45 minutes in length, has limited seating, and is on a first-come, first-served basis. It is open to current customers only.
The New Total Compensation Planning Solution – September 12, 11:50-12:05
Join this exciting Snapshot of the newly launched total compensation planning solution. Plan for employees’ entire cash and long-term incentives in a single source (base + incentive + equity). Get amazing visibility into your team’s compensation in an easy-to-use interface for administrators. Even better – it’s available to all SAP SuccessFactors Compensation and variable pay customers! Come check it out!
Talent Management Meetup – September 13, 9:00-9:45
Join your peers who are using or investigating SAP SuccessFactors Performance & Goals, Succession & Development and/or Compensation for casual networking and conversation. Take this opportunity to make connections based on your common challenges, interests, and goals in a relaxed environment. There will also be SAP SuccessFactors solution experts in attendance to answer your most burning questions. Don’t forget to bring your business cards!
SAP SuccessFactors Employee Central Meetup – September 13, 1:45-2:30
Join your peers who are using or investigating SAP SuccessFactors solutions for casual networking and conversation. Take this opportunity to make connections based on your common challenges, interests, and goals in a relaxed environment. There will also be SAP SuccessFactors solution experts in attendance to answer your most burning questions. Don’t forget to bring your business cards!
To see a complete list of all sessions, please see the session catalog.
SuccessConnect 2018 provides you with a great forum to discover new insights and learn from both experts and peers’ experiences, and not to be missed is a keynote address fromactor, producer, author and Parkinson’s research champion Michael J. Fox!
It’s an exciting time as we think about how compensation and benefits are changing to deliver more strategic business value. Please join me in exploring these topics during our upcoming SuccessConnect 2018 in Las Vegas… look forward to seeing you there.
Did you know SAP SuccessFactors was recognized as a leader in the 2018 Gartner Magic Quadrant for Cloud HCM Suites and the 2018 IDC MarketScape for Integrated Talent Management, Learning, Performance Management and Compensation? Access the reports and learn why here.