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The Compensation Administration Process
Purpose
This process describes how to:
* Maintain compensation adjustments for one or more organizational units
* Submit compensation adjustments for approval
* Approve adjustments
* Activate adjustments
Prerequisites
Before you start the compensation administration process, you must have:
* Completed budgeting for the necessary organizational units (optional)
* Defined compensation components and adjustments
* Defined adjustment reasons for distributing adjustments
* Set up guidelines and eligibility rules
* Generated a list of employees using the employee selection function
You can only display the budgets and track the amounts awarded during the compensation administration process against
the budgets if you select your employees using the organizational structure.
Process Flow
1. Select the compensation adjustment reason and decide how you want to select your employees.
2. Generate a list of employees for the selected plan period
3. Apply guidelines or change the values by a percentage or an amount (optional)
4. Award compensation adjustments to the employees in the list.
5. When you have processed all the employees in your responsibility, save your changes.
6. You now need to submit your adjustments for approval.
7. Your adjustments are approved and the status is changed from submitted to approved. If your adjustments are rejected,
they are returned to you for further processing.
8. Once your adjustments have the status approved, they can be activated.
Result
Once your adjustments are activated, the system creates new infotype records for your employees as of the compensation
adjustment's effective date
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