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Getting Started with Variable Compensation
Variable Compensation Business Processes
Variable Compensation Integrations
Variable Compensation Implementation
Understanding Variable Compensation
Variable Compensation Plans
Eligibility and Awards Processing
Award Payout
Variable Compensation Reporting
Sample Plan Diagrams
Setting Up Data Elements
Understanding Data Element Setup
Defining Payout Formulas
Defining Valuation
Defining Goals
Setting Up Eligibility Proration Tables
Setting Up Variable Compensation Plans
Understanding Variable Compensation Plan Types
Defining a Variable Compensation Plan
Assigning Payout Formulas
Setting Up Goals, Funding, and Proration
Setting Up Plan Membership
Understanding Plan Member Rules
Setting Up Plan Members for Ad Hoc Awards
Setting Up Members with Employee Variable Compensation Records
Creating Groups Using Group Build
Attaching Groups to Trees
Establishing Tree Security
Reporting on Tree Membership
Processing Eligibility and Proration
Understanding Eligibility and Proration Calculation
Understanding Proration Factor Calculations
Proration Calculation Method for Plan Members Who Fall Off a Tree
Determining Eligibility and Calculating Proration
Viewing and Adjusting Plan Member Eligibility
Setting Up and Using Weighted Goals
Understanding Weighted Goals
Setting Up Weighted Goals
Entering Weighted Goal Attainments
Running the Organization and Group Goals Report
Setting Up and Using Matrix Goals
Understanding Matrix Goals
Setting Up Matrix Goals
Entering Matrix Goal Attainments
Funding Variable Compensation Plans and Groups
Understanding Variable Compensation Funding
Budgeting Awards
Funding Variable Compensation Plans
Understanding Group Funding Allocation
Allocating Funds to Groups
Calculating Allocations and Awards
Understanding Awards Calculation
Calculation Processes
Common Elements Used in Awards Calculation
Determining Allocations
Calculating Awards
Viewing and Adjusting Awards Allocations
Reporting Awards Calculations
Managing Awards Approval and Payout
Approving and Submitting Awards
Integrating with Payroll Applications
Integrating with Stock Administration
Reporting on Award Payout and Distribution
Viewing and Reporting on Variable Compensation History