Compensation budget approval is based on positions or position-employee assignments, and the budget is calculated based on approved FTEs and compensation expenses. You need approve only Employee FTE assignments; not individual employees, because approving an employee's FTE automatically approves the employee. Similarly, rejecting an FTE rejects an employee's assignment to a position. Before submitting budgets to the approval hierarchy for overall approval, perform these tasks:
Calculate budgets to aggregate positions, vacancy, and employee expenses
Confirm and approve compensation expenses such as:
FTEs for employees or positions
Compensation elements such as additional earnings and benefits
Note: | To prevent users from approving and submitting budgets, revoke access to the Approval data form and task list. |