Top 10 Tips for Enterprise Compensation Management

  • by Jeremy Masters, SAP HCM Consultant, Worklogix
  • August 23, 2010
Use this expert advice to successfully implement Enterprise Compensation Management (ECM) in your organization. Discover useful features in ECM to avoid pitfalls and roadblocks. If you have already implemented ECM, use these tips to help you correct or enhance your current ECM environment.
Key Concept
Enterprise Compensation Management is SAP’s latest compensation management solution within the SAP ERP HCM platform. Using the tools available within this module, SAP users can implement compensation solutions for compensation planning, bonus processing, and job pricing. Most functionality is available to end users via SAP NetWeaver Portal. ECM allows managers, compensation, and HR professionals to take ownership of employee compensation data.

In my experience with many Enterprise Compensation Management (ECM) implementations, I’ve collected 10 best practices for you to apply to your own implementation. Whether your organization is small or large, domestic or international, these tips help you avoid mistakes and run a smoother, more efficient implementation.

Not all these tips may be relevant to your company, depending on your organization’s requirements. Since each one captures a distinct aspect of the solution, you can read them individually. Together, these tips represent an aggregate of practical information for implementing compensation solutions in SAP ERP HCM. Although I focus mainly on compensation planning and administration, I also included one tip concerning the job pricing component within ECM.

Jeremy Masters

Jeremy Masters is an author, speaker, and SAP ERP HCM subject matter expert with more than 12 years of experience. Jeremy is also the co-founder and managing partner of Worklogix, which provides SAP ERP HCM professional services and software solutions to Fortune 1000 companies. Jeremy has been involved in more than 20 projects, many of them global in scope. In addition to ECM, Jeremy has worked with the talent management functionality, including performance management, succession planning, and e-recruiting as well as the employee and manager portals in SAP ERP. For more information on Enterprise Compensation Management, you can reference his book Enterprise Compensation Management with SAP ERP HCM.

Jeremy will be presenting at the upcoming SAPinsider HR 2017 conference November 8-10, 2017, in Copenhagen. For information on the event, click here.

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