Siebel Performance Management Guide > Setting Up Compensation Planning >

Creating Compensation Guidelines


Siebel Compensation Planning allows organizations to establish compensation guidelines for merit, variable pay, and stock. These compensation guidelines are specific to a salary plan and salary grade combination and can be based on factors such as annual review ratings, company ratio, and salary quartiles. Managers can use these guidelines during the planning process when deciding merit increases, bonus amounts, and stock grants for each employee.

This task is a step in Process of Setting Up Compensation Planning, and includes a number of related tasks.

Related Topics

To create a guideline

  1. Navigate to the Administration - Compensation Planning screen > Compensation Plan Rules Administration view.
  2. From the visibility filters, select Guidelines.
  3. In the Guidelines list, add a record, enter a name and description, and then complete the remaining fields.

    The following table describes some of the fields.

    Field
    Comments

    Type

    The type of guideline. Examples are Merit, Variable Pay, Promotion, and Stock.

    Effective Date

    The date the guideline is effective.

    Active

    Selecting the check box activates the guideline.

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