Compensation and Variable Pay Consultant

Company: WillWare technologies

Role: SuccessFactors Compensation and Variable Pay Consultant

Experience: 6+ Years

Location: Bangalore, Hyderabad, Nagpur

Work Mode: Onsite

Job Description

Required Technical Skill Set: Configuring and Administering the compensation module, Designing compensation plans, and supporting the entire compensation cycle.

Must Have:

• SucessFactors certification in Compensation and Variable Pay module.
• Minimum 2 to 3 Implementations experience in Compensation and Variable Pay module.
• SuccessFactors knowledge : Deep understanding of the compensation module, including variable pay, merit increases, bonuses, and total rewards statements
• Technical skills : Ability to design, configure, and troubleshoot the system, including using the Check Tool and creating technical support tickets.
• Business acumen : Ability to translate business objectives into system requirements and provide strategic recommendations for compensation programs
• Analytical skills : Competence in data validation, budget modeling, and generating complex reports
• Experience with change management activities and user training
• Hands on experience on High availability solutioning

Good To have:

• The role requires expertise in the software, coordination with HR and IT, and the ability to manage and report on compensation data for managers and leadership.
• Gathering business requirements, configuring bonus and merit structures, validating data, and providing training, while ensuring compliance and system integrity
• Best Practices and Updates : Stay current with SAP SuccessFactors updates and best practices to provide expert guidance
• Project management : Experience in project coordination and managing the implementation of system solutions.
• Exposure to work in Azure environment.

Responsibility

• System configuration and administration : Set up and configure the compensation module, create compensation plan templates, and manage field-based permissions
• Compensation cycle management : Support the entire compensation process from planning and budget modeling to approvals and system integration with other modules like Employee Central
• Data management and reporting : Gather requirements, validate data, and generate reports related to compensation, performance, and other HR initiatives
• Stakeholder collaboration : Work with HR business partners and leaders to align compensation strategies with business goals and ensure data integrity and timeliness
• User support and training : Conduct training sessions for HR teams and managers and provide ongoing support to ensure successful system adoption