Understanding Variable Compensation Awards

Using the Administer Variable Compensation business process in PeopleSoft HR, you can create and manage multiple incentive plans. The resultant compensation (award), whether monetary or non monetary, can be paid to payees through Global Payroll.

This topic discusses:

  • Setting up Global Payroll to work with variable compensation.

  • Approving variable compensation awards.

  • Retrieving and validating awards.

  • Integration points for variable compensation data.