Saba COMPENSATION User Manual

Data Sheet
Saba Compensation
Benefits
 Find and reward the most valued employees,
not just “high performers”
 Ensure spending is compliant with policies and
guidelines
 Increase retention by targeting spending on
pivotal talent and areas identified as risks
 Drive better business results by improving
employee engagement
Features
 Compensation dashboard with talent metrics
helps managers make smarter decisions
 Supports centralized and decentralized
processes for base and variable compensation management
 Automated reminders and clear
communication lighten the burden on HR
 Unsurpassed flexibility regarding plan design
and eligibility
 Employee input into compensation preferences
furthers engagement
 The industry’s strongest global capabilities,
including support for 26 languages, multiple currencies and geographically configurable policies
 Choice of delivery models; in the Cloud or
on-premise
Compensation decisions are among the most critical decisions your organization makes. The ability to make the right decisions can be the difference between languishing as an under-performing organization struggling to retain and engage its workers, and standing out as an employer of choice with a high-performance culture. Unfortunately, many pay-for-performance initiatives have failed due to challenges incenting the right behavior, limitations in the information available to decision-makers, and a lack of insight into workforce needs and plans.
The Compensation Dashboard empowers managers and compensation professionals to make smarter decisions.
Make Smarter Decisions
Saba Compensation ties base and/or variable compensation directly to multiple measures of success, enabling the organization to incent the specific behavior and achievements necessary to reach organizational goals. Formal performance review information alone is just not enough to make smart decisions — the organization needs to fully understand the value of that employee to the business today and in the future. With the inclusion of Saba Impressions for real-time performance feedback from an employee’s network, Saba becomes the only solution that can weigh both formal and informal performance feedback to arrive at the final performance score. In addition to this valuable metric, Saba Compensation goes beyond pay-
Data Sheet n Saba Compensation
for-performance by also providing access to a number of additional metrics that can help better inform decision-making. These metrics can include:
 Competency proficiency
 Potential rating
 Flight/retirement risk
 Position criticality
 Completion of development/learning
 Mentoring activity
 Community membership and participation
In addition, Saba Compensation provides granular eligibility rules and configuration options that enable any element in the employee profile — including configurable sections that organizations can define themselves — to be used in determining plan eligibility. Managers are also empowered with advanced support during the allocation process, including market comparisons, ability to view their allocations by plan or by team, real-time allocation updates, and the ability to set aside budget for future use. They can even choose to delegate budget distribution to their management reports, providing your organization with comprehensive support for decentralized decision-making.
Motivate, Not Just Measure
Measuring performance and making compensation-allocation decisions accordingly can help motivate and retain your workforce. But are you motivating the right behavior in your workforce? If compensation decisions are based on incomplete information, and are only looked at once a year,
the answer is probably no. With Saba Compensation, multiple measures of success provide input to the manager at any time of the year. This “always on” compensation directly motivates employees to adopt and engage in ongoing processes such as goal setting, development planning, competency development, and mentoring programs.
In addition, motivation is further enhanced by empowering employees to weigh in directly. Only Saba enables employees to choose which rewards, such as a monetary bonus, stock, or extra vacation, would appeal most to them. This information not only furthers engagement, but also can be leveraged by the Compensation department to better inform plan design.
Flexible to Support Your Business
Saba Compensation delivers unsurpassed flexibility to lighten the load on Compensation and HR. What can be a confusing, complex process is made simple for managers via flexible plan designs and allocation tools, clear communication regarding plan milestones and employee eligibility, and automated reminders and notifications. Global process governance is also supported, which enables different units or geographies to vary their policies and processes, as well as simultaneously plan in multiple currencies.
Saba Compensation leverages the strength of Saba’s people systems to deliver a compensation process that is tightly linked with your talent strategies. Don’t make your important compensation decisions in a vacuum and risk disengaging or losing your most critical talent. With Saba, your organization can make smarter compensation decisions that drive your organization’s success.
Saba n Power Up Your People
Saba is the premier provider of people systems that enable today’s people-driven enterprises. By combining learning, people management and collaboration technologies, Saba delivers solutions that help mobilize and engage people to drive new strategies and initiatives, align and connect people to accelerate the ow of business, and cultivate individual and collective knowhow to achieve exceptional results.
© 2010 Saba Software, Inc. All rights res erve d. Saba, the Saba logo, Sab a Centra, and the mark s relatin g to Saba pr oduct s and services referenc ed herein are either trademarks or re giste red tradem arks o f Saba Soft ware, Inc. o r its a flia tes. A ll oth er tra demar ks are the p roper ty of their respe ctive own ers.
Saba 2400 Bridge P arkway, Redwood Sho res, CA 9406 5-1166 USA (+1) 877.SABA.101 or (+1) 650.779.2791 www. saba .com
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