We’ve broken down the major 1H 2024 SAP® SuccessFactors® updates to help you easily digest the latest changes. In this post, we’ll look at what’s new in Compensation and Variable Pay.
Latest Version of My Forms Page for Compensation
The latest version of the My Forms page is now available for Compensation worksheets. This version brings an intuitive page layout, improved search functionality, simplified flows to help you organize and file worksheets and other user experience improvements. SAP enabled this by default, but administrators can revert to the previous version in the Admin Center.
How to turn it on: This is automatically on.
Changes to User Experience in Compensation
The latest release provides numerous user experience enhancements that affect administrators and end users of the Compensation and the Variable Pay modules.
How to turn it on: This is automatically on.
Legacy Executive Review Filters from Compensation are Deleted
SAP deleted the legacy Executive Review filters from Compensation. They made the advanced Executive Review filters universally available.
How to turn it on: This is automatically on.
Export and Import from Executive Review in .xlsx Format
You can now export data from Executive Review and import data back in Excel .xlsx format. You can export up to 100,000 records.
How to turn it on: This is automatically on.
Change to How Employee Local Currency for Reward and Recognition Awards is Checked
The system now accommodates local currencies for Employee Central and non-Employee Central users in the same instance. This feature is necessary when the company’s instance includes Employee Central and employees recorded outside of Employee Central. SuccessFactors now identifies the employee’s local currency for a Rewards and Recognition Program by the employee rather than the company.
How to turn it on: This is automatically on.
Individual View for Compensation Plans
You can now see the bonus calculation in the individual view for Variable Pay in the Total Compensation templates.
This is a gap closure between Variable Pay and the Total Compensation templates. The programs an individual is eligible for are displayed, including the Total Compensation ones, if the template includes Variable Pay and it’s enabled to show the individual view.
How to turn it on: This is opt-in and customer-configured.