Bookshelf Home | Contents | Index | Search | PDF |
Siebel Incentive Compensation Administration Guide > Plan Design >
Creating a Cap
A cap is an upper limit on the attainment or earnings that a sales representative can achieve for a given compensation plan, plan rule, or transaction. You can also personalize plan and plan rule caps. For more information on personalizing caps, see Process for Personalizing a Plan and Plan Rule Elements.
You can define a cap as a quantity, amount, or as a percentage. In addition, you can define payment and attainment caps as refundable or not refundable. You can create attainment caps at the plan rule level and payment caps at the plan and plan rule levels.
NOTE: The Cap Withheld amount is the amount of earnings that is withheld from a sales representative because of a cap. A Cap Withheld is added to any previous Cap Balance to compute the new Cap Balance.
You can create any of the following combinations of Cap and Rule types:
- Aggregate rule with aggregate payment cap
- Aggregate rule with aggregate attainment cap
- Nonaggregate rule with non-aggregate payment cap
- Nonaggregate rule with non-aggregate attainment cap
- Nonaggregate rule with aggregate payment cap
- Bonus other result rule with attainment cap
- Bonus other result rule with payment cap
For more information, see Associating a Cap with a Plan Rule.
To create a stand-alone cap
- From the application-level menu, choose View > Site Map > Incentive Compensation Administration > Caps.
- In the Caps list, click New, and in the new record, enter the cap name in the Name field.
- In the Type field, select Attainment or Payment from the drop-down list.
- If you select Attainment, the Unit of Measure field is inactive. The other fields—Performance Measure, Frequency, Amount, Qty (quantity), Percent, and Comments, are blank and editable. In addition, the Refundable check box is cleared, and the Aggregate check box is selected.
If you selected an Attainment Type, select the Performance Measure from the drop-down list.
- If you select Payment, the Performance Measure field is inactive. The other fields including Unit of Measure are blank and editable. In addition, the Refundable check box is cleared while the Aggregate check box is selected.
If you selected a Payment Type, choose the Unit of Measure from the drop-down list.
- Complete the remaining fields.
The following table describes the fields.
Bookshelf Home | Contents | Index | Search | PDF |
Siebel Incentive Compensation Administration Guide Published: 18 April 2003 |