1. Administering and Working with Strategic Workforce Planning
  2. Working with Strategic Workforce Planning
  3. Using Average Compensation Rates

9 Using Average Compensation Rates

Your administrator may have enabled Average Compensation Rates for jobs and seeded those rates for jobs that are defined as strategic. Or, you can enter average compensation rates for jobs by clicking Overview Overview icon, and then Average Compensation Rates. These rates are multiplied by Total Demand FTE and Total Supply FTE, resulting in Supply Compensation and Demand Compensation.

With these rates defined for jobs, you can see the financial impact of adding or eliminating jobs.

Note:

The values you enter here are not related to earnings calculations in Workforce.