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Process for Associating Plan Elements with the Plan

The following section describes the process a compensation administrator might follow to associate plan elements with the compensation plan. Your company may follow a different process according to its business requirements.

Administrator Process

The compensation administrator performs the following tasks to associate elements, such as participants, groups, caps and so on, with the compensation plan.

1. Associates participants with the plan. The administrator assigns individuals and groups of participants to the compensation plan. For more information, see Associating a Participant with a Compensation Plan, and Associating a Group of Participants with a Plan.
2. Flags compensable participants. The administrator designates compensable plan participants. For more information, see Designating the Plan Participant as Compensable.
3. Associates a cap with a plan. The administrator creates the plan cap by associating one or more caps to a plan. For more information, see Associating a Cap with a Plan.
4. Associates a quota with a plan. The administrator associates a quota to a plan, and specifies a target amount. For more information, see Associating a Quota with a Plan.
5. Associates a hurdle with a plan. The administrator associates a hurdle with a plan, creating a plan hurdle. For more information, see Associating a Hurdle with a Plan.
6. Associates rules with a plan. The administrator associates one or more rules to a plan, and if necessary, specifies the default rule. For more information, see Associating Rules with Plans.
7. Performs other plan rule tasks. The administrator performs other plan rule tasks as needed. These tasks include linking plan rules, associating caps and plan hurdles with a plan rule, and so on. For more information, see Performing Other Plan Rule Tasks.