Common Elements Used to Work With Base Compensation and Budgeting

Field or Control	Description
Salary Administration Plan	A plan of salary defaults, grades, and step components.
Salary Increase Plan	A plan for increasing the salaries of individual workers in a group. This plan is based on a group salary increase budget.
Salary Plan	When used without further qualification, this term generally refers to a salary administration plan. In the Understanding the Base Compensation Budgeting and Planning Business Process topic of this documentation, salary increase plans are sometimes referred to as salary plans.

Field or Control

Description

Salary Administration Plan

A plan of salary defaults, grades, and step components.

Salary Increase Plan

A plan for increasing the salaries of individual workers in a group. This plan is based on a group salary increase budget.

Salary Plan

When used without further qualification, this term generally refers to a salary administration plan.

In the Understanding the Base Compensation Budgeting and Planning Business Process topic of this documentation, salary increase plans are sometimes referred to as salary plans.