Siebel Performance Management Guide > Setting Up Compensation Planning > Creating Compensation Guidelines >
Defining Compensation Guideline Ranges
Guideline Ranges determine the minimum, maximum, and target guideline values for merit, variable pay, and stock awards. For merits and variable pay, the minimum, maximum, and target amounts entered should represent a percentage. For stock, the amounts entered should represent the actual number of shares. To set guideline ranges
- In the Guidelines list, select the guideline.
- In the Guideline Table list, select the guideline table.
- In the Guideline Ranges list, add a record, and complete the fields.
The following table describes the fields in the guideline ranges record.
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Factor 1 - Low Value |
The low value of the range for the first factor that is considered. |
Factor 1 - High Value |
The high value for the first factor that is considered. |
Factor 2 - Low Value |
The low value of the range for a second, optional factor. |
Factor 2 - High Value |
Enter the high value of the range for Factor 2. There are four preconfigured factors to choose from:
- Annual review score
- Periodic review score
- Compa-ratio
- Salary quartile
|
Minimum |
The guideline minimum amount. |
Maximum |
The guideline maximum amount. |
Target |
The guideline target amount. |
Default |
The default percentage value to be applied when an employee's Factor 1 and Factor 2 combination do not match a row in the table. |
Related Topic
Creating Compensation Guidelines
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