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Process of Setting Up Compensation Planning

The following lists show the procedures that administrators and managers typically perform to set up and use Compensation Planning. Your company may follow a different process according to its business requirements.

Administrator Procedures

To set up compensation planning, perform the following procedures:

1. Creating a Salary Grade
2. Creating a Salary Plan
3. Creating a Job Family
4. Creating a Job Code
5. Employee Information Updates for Compensation
6. Creating Compensation Guidelines
7. Defining Compensation Eligibility Rules
8. Defining the Compensation Plan Rollout
9. Managing Compensation Budgets
10. Defining Compensation Planning Cycles
11. Generating and Releasing Compensation Plans

End-User (Manager) Procedures

To use compensation planning, perform the following procedures:

1. Viewing All Compensation Plans
2. Viewing Employee Compensation History
3. Selecting the Compensation Plan for Rollout
4. Defining Compensation Changes for Direct Reports
5. Adding Justification Comments to the Compensation Plan
6. Tracking Compensation Plan Recommendations Status
7. Submitting a Compensation Plan for Approval
8. Approving and Rejecting a Compensation Plan
9. Assigning Compensation Support Team Members to Employees