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A significant portion of a company's operating cost is spent on compensating its employees. Every year, companies distribute millions of dollars in merit increases, bonus payments and stock/stock options with the intent of fairly compensating employees and retaining key talent.
Modest budget increases, which are expected to plateau in today's uncertain economy, present managers with a challenge as they have to use every possible resource to properly compensate key talent.
With Budget Analyzer, managers get a real-time, detailed view into the compensation planning process and can analyze budgets within their organizational span. Managers can quickly spot pockets of distributable budget and instruct other managers to go over budget to correctly compensate key talent.
Managers see both their budget's total, distributed and remaining monies (or units, if planning for stock or stock options). This same budget information is "rolled up" to each manager's organization with a real-time view of how many employees have been planned for. Visibility into their direct and indirect reports' compensation adjustment planning statuses as well as "rolled up" budget information will enable your managers to confidently approve their merit, bonus, and stock recommendations.
| Watch the Demo See Budget Analyzer in Action |
Budget Analyzer is fully integrated with SAP® Enterprise Compensation Management. Eligibility and guideline configuration, organizational data, and budget infotypes are all read from the backend ECC configuration to provide managers with a real-time view into the compensation planning process.
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