Post Incremental Itemized Salary Adjustments in a Workforce Compensation Plan to HR
To post the component amount change as an itemized adjustment, you select the applicable incremental salary component. The Transfer Workforce Compensation Data to HR process then updates each person's salary. It also adds the incremental salary component and that component adjustment amount to the salary for future reference.
- Salary Component
- Salary Includes Simple Components
Example Configuration
Your workforce compensation plan has a compensation task worksheet with the Merit and COLA compensation components enabled. A manager uses the worksheet to give someone a $5,000 merit increase and a $1,500 cost of living increase. Here's how you configure the column properties so both component amounts increase the person's salary amount by $6,500. The adjustments also transfer for future reference.
- For both components, set Post as Salary to Yes.
- For the Compensation Amount - Merit component, set Salary Component to Merit.
- For the Compensation Amount - COLA component, set Salary Component to Cost of living.
- Considerations for Using Salary Bases with Incremental Components versus Simple Components
- Salary Amount Is Determined by Incremental Components
- How You Enable Salary Itemization Using Incremental Components
- Compensation Components in Workforce Compensation Plan Worksheets
- Compensation Component Number and Name, and Detail Table of Worksheet Display