C_THR70_2404 - SAP Certified Associate - SAP SuccessFactors Incentive Management Practice Exam

The C_THR70_2404 - SAP Certified Associate - SAP SuccessFactors Incentive Management certification validates that a candidate has the fundamental knowledge and skills required to implement and manage incentive management processes using SAP SuccessFactors. This includes understanding how to design, configure, and maintain systems related to employee incentives, compensation, and performance-based rewards, helping organizations drive motivation and align compensation with business goals.
Why is C_THR70_2404 - SAP Certified Associate - SAP SuccessFactors Incentive Management important?

• Demonstrates expertise in configuring and managing SAP SuccessFactors Incentive Management.
• Provides credibility in implementing performance-based incentive systems.
• Enhances understanding of how compensation plans can motivate employees.
• Positions candidates to support organizations in aligning employee incentives with business objectives.
• Recognized globally as a key certification for HR professionals focused on incentive management and employee compensation.

Who should take the C_THR70_2404 - SAP Certified Associate - SAP SuccessFactors Incentive Management Exam?

• SAP SuccessFactors Consultant
• Compensation Manager
• HR Business Partner
• Incentive and Rewards Specialist
• HRIS (Human Resource Information Systems) Analyst
• Compensation and Benefits Administrator
• SAP Implementation Consultant
• HR Project Manager
• Talent Management Specialist
• Employee Relations Specialist

Skills Evaluated

Candidates taking the certification exam on the C_THR70_2404 - SAP Certified Associate - SAP SuccessFactors Incentive Management is evaluated for the following skills:

• Knowledge of SAP SuccessFactors Incentive Management architecture and functionality.
• Proficiency in configuring compensation plans and incentive programs.
• Ability to manage performance-based reward systems.
• Expertise in aligning compensation strategies with business goals.
• Understanding of integration between SAP SuccessFactors modules, such as Performance Management and Employee Central.
• Skills in setting up rules and workflows for managing incentives and bonuses.
• Competency in generating reports and analyzing compensation data.
• Knowledge of compliance, tax, and regulatory considerations for compensation management.

C_THR70_2404 - SAP Certified Associate - SAP SuccessFactors Incentive Management Certification Course Outline
The C_THR70_2404 - SAP Certified Associate - SAP SuccessFactors Incentive Management Certification covers the following topics -

Section 1. Understanding Classification and Compensation Elements (11%. 20%)

• The purpose of the classification hierarchy and the relationship between territories and classification data.

• Each type of compensation element. Identify best practices when working with compensation elements.

Section 2. Understanding Administration and Security (11%. 20%)

• Define and configure system and user settings and set up administration and security settings.

Section 3. Understanding Organization Data (11%. 20%)

• Identify organization data and manage effective dates and versioning to manage change of data over time.

Section 4. Understanding Compensation Plans and Rules (11%. 20%)

• The different types of compensation rules. Identify best practices when working with compensation rules and plans.

Section 5. Understanding Pipeline and Calculation 11%. 20%

• Name and describe the stages of the Compensate and Pay sequence of the Pipeline.

Section 6. Understanding Dashboard, Plan Communicator, and Disputes <= 10%

• Create a document that communicates a compensation plan to payees. Describe the functionality of the disputes feature. Create and publish a dashboard.

Section 7. Understanding Key Concepts <= 10%

• Articulate key concepts associated with SAP SuccessFactors Incentive Management.

Section 8. Understanding Embedded Analytics <= 10%

• Create and publish a story in embedded analytics.