Understanding Cycle Administration
The administration of a particular cycle instance is performed by the compensation administrator within a single component. While simple tasks are performed within the Administer Cycle component, the more complex tasks are performed by clicking buttons that link to other components.
The main purpose of the Administer Cycle component is to provide a single point from which an administrator can manage all phases of a compensation cycle and to provide summary analytics to monitor the progress of managers.
See Delivered Compensation Pivot Grids (Available on the Administer Compensation Page)
At a high level, the administration of a compensation cycle involves these tasks:
Building of the cycle by populating processing tables with employees’ demographical data, compensation proposals and funding information.
This is done by running the Cycle Build AE process.
Opening the cycle (after making sure that data is correct) to managers to review and make necessary adjustments to compensation proposals for their reports on the Allocate Compensation Page.
While a cycle is opened, the administrator can run the Process Job Change AE process to capture several types of job changes taken place during the open cycle, and notify managers of these changes as they begin to allocate compensation amounts to their employees.
Loading awards and salary updates to employees' job data, after managers have submitted their proposals, which are approved by the administrator.
This is done by running the Cycle Load AE process.
Closing the cycle.
As an administrator, you track the phases of a compensation cycle using the cycle status code. As the compensation cycle proceeds, you perform the tasks that are represented as action buttons in a process flow. In many cases these tasks are, in turn, dependent upon each other and may modify the cycle status code.