Siebel Employee Relationship Management Administration Guide > Setting Up Compensation Planning >
Managing Compensation Budgets
Compensation planning involves creating and maintaining budgets for each type of compensation.
Before the planning process can begin, you must define a budget for each type of compensation included in the compensation plan. For each compensation type, you can create a logical expression to calculate the budgeted amount for each employee.
During the budget calculation process, a record is created for each employee within the Employees list using the evaluated expression.
This step in Process of Setting Up Compensation Planning includes a number of related tasks.