Selecting Plan Types

Select from these plan types, which fall into three major categories:

• Monetary Plan Types

  These plan types include discretionary bonus, profit sharing, and goal sharing.

• Non-monetary Plan Types

  These plan types calculate awards in units. Users define a valuation amount per unit to report the monetary value of the award. Use this plan type to manage the awarding of gifts and merchandise to workers.

• Stock Plan Types

  These plan types, which include ISO, NQ, NSAR, RSA, and ISAR, also integrate with stock administration.