Administering the Compensation Process

The administrative functions within eCompensation Manager Desktop's enable you to establish plans, define processes, and manage the compensation process for your organization. These functions encompass the activities that a compensation administrator would need to complete to configure the self-service component that managers use to review and enter compensation information.

Compensation administrators use these functions to configure the eCompensation Manager Desktop application:

• Compensation Cycle Definition

  Use the pages within this component to define your compensation cycles and associated provisions for both salary and award processing. Here are the types of parameters that comprise a compensation cycle definition:

  • What group of employees will be processed?

  • What tree hierarchy will be used to group employees for processing and approvals?

  • Will performance ratings be integrated into the Compensation Cycle process?

  • What Salary Plan rules will be used for calculating funding and processing salary increases?

    – Will a configurable matrix be used to derive the funding percentage?

    – What rounding rules will be in effect?

    – What proration rules will be in effect?

  • What Variable Compensation rules will be used for calculating funding and processing bonuses and awards?

    – Will funding be defaulted from Variable Compensation or manually funded?

    – What rounding rules will be in effect?

  • What specific fields of information need to be displayed on the Manager Self-Service pages?

  • What type of approval process will be used?

• Cycle Administration

  Use the pages within this component to manage the major events during a compensation cycle. This component provides the event steps and prompts for the activities that need to be completed throughout the compensation cycle. You can also use this component to build your compensation cycles to prepare employees and calculate funding, open cycles to managers to enter proposals, load approved salary updates and awards, close compensation cycles, or cancel cycles to adjust the configuration and rebuild the cycles.

• Cycle Role Management

  The pages within this component enable the compensation administrator and designated administrators to update group node role access for the organization tree hierarchy defined for your compensation cycle. For each group node, an employee ID and employee record number can be assigned a specific access role (Submitter, Reviewer, Confirmer, and so on) that provides access to view, update, and approve salary and award proposals.

• Plan Funding

  Use the pages within these components to provide a summary of all cycle funding within each organizational group. Through this functionality you can view and update funding based on the provisions of the cycle definition and the processing status within the cycle. You can also manually distribute funding.

• Transaction Management

  Use the pages within this component to detail the calculated compensation proposals for organizational groups and funding basis. Compensation administrators may update proposals at either the group or individual level at any time after the cycle has been released for manager entry. This component also features group and individual view capabilities. At the individual level users can view compensation history.