Siebel Employee Relationship Management Administration 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. From the application-level menu, choose Navigate > Site Map > Administration - Compensation Planning.
  2. From the visibility filter, 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 the component fields.

    Field
    Comments

    Name

    The name of the compensation component.

    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.

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