Siebel Performance Management Guide > Setting Up Compensation Planning >

Associating a Compensation Component with a Planning Cycle

A planning cycle must have at least one compensation component associated with it. For each planning cycle, the list of associated components determines which component tabs (Merits, Promotions, Variable Pay, Stock, and so on) are accessible to managers during the planning process. The plan start and plan end dates are part of the planning cycle itself and apply to all components within it.

This task is a step in Process of Setting Up Compensation Planning.

Related Topic

Defining Compensation Planning Cycles

To associate a compensation component with a planning cycle

1. Navigate to the Administration - Compensation Planning screen.
2. From the visibility filters, select Planning Cycles.
3. In the Planning Cycles list, select the planning cycle.
4. In the Components list, query for a component type.

   The following table describes some of the compensation component fields.

   Field	Comments
   Type	The compensation type (for example, Merit, Promotion, Variable Pay, Stock).
   Guidelines	The guideline associated with the compensation component.
   Eligibility Rule	The eligibility rule associated with the compensation component.
   Transaction Effective Date	The transaction effective dates of a merit, promotion, bonus, or stock grant transaction. Specifying one or more of these dates per compensation type provides control of dates from which managers can select when determining the effective dates of salary increases, promotions, bonus payouts, and stock grants.