Siebel Employee Relationship Management Administration Guide > Setting Up Compensation Planning >

Creating a Salary Plan

Salary plans define the salary range associated with each salary grade. To create the association between an employee and a salary range, each employee must have a salary plan and salary grade specified within Employee Administration.

To create a salary plan

  1. From the application-level menu, choose View > Site Map > Compensation Planning Administration > Salary Plans.
  2. In the Salary Plans list, add a new record, and then complete the name and description fields.
  3. In the Salary Plan record, select the check box in the Active field to activate the salary plan.

To add a salary grade to the salary plan

  1. In the Salary Plans list, select the salary plan.
  2. In the Salary Grades list, add a new record, and then click the select button in the Salary Grade field.
  3. In the Pick Salary Grade dialog box, query to locate a salary grade to include with the salary plan, and then click OK.
  4. Complete the remaining fields for the salary grade.

    5. The following table describes the fields in the salary grade record.

    Fields
    Comments
    Active
    Select the check box to activate the salary.
    Currency
    Select the appropriate currency code for the salary plan.
    Effective Date
    Enter the date on which the salary grade is active. The Active check box must be selected for the salary grade to be activated on the specified date.
    Max Salary Range
    Enter the maximum salary for the salary grade.
    Min Salary Range
    Enter the minimum salary for the salary grades.
    Salary Range 25th Percentile
    Enter the 25th percentile salary for the salary grade.
    Salary Range 75th Percentile
    Enter the 75th percentile salary for the salary grade.
    Salary Range Midpoint
    Enter the midpoint salary for the salary grade. This value is used to calculate a compa ratio for the employee.

Repeat this procedure for each salary grade you want to add to the salary plan.

NOTE:  To modify an existing salary range within a salary plan, create a new effective dated row within the Salary Plan's Salary Grade list.


 Siebel Employee Relationship Management Administration Guide 
 Published: 18 April 2003