Determining Plan Membership

Select from four methods of administering plan membership:

• Ad Hoc Awards:

  • You enter workers and their award amounts directly.

  • No formulas or calculation processes are required.

  • Funding and approval process are optional.

• Employee Variable Compensation Record:

  • Membership and target payout are determined at the individual worker level.

  • Membership and payout are maintained continuously when a worker's job changes.

  • You can associate each worker with one or more variable compensation plans.

• Employee Variable Compensation Record with Groups:

  • You define and maintain target payouts at an individual level.

  • You define and maintain membership through groups.

  • You define groups in Group Build and assign them to hierarchical variable compensation trees.

• Define Tree/Group:

  • You define payouts and membership through groups.

  • You define groups in Group Build and assign them to hierarchical variable compensation trees.