Overview of Individual Compensation Management

You can award variable compensation to individuals outside the regular compensation cycle. Examples of variable compensation include a spot bonus, an education reimbursement, or a car allowance. You can also start and change recurring payments, and see past award amounts.

You manage individual compensation in Compensation sections of HR actions, such as when you hire, transfer, and promote someone.

• As a line manager, you can also use the Individual Compensation quick action for your team.
• As a compensation manager or HR specialist, you can also use the Individual Compensation and Administer Compensation quick actions for your client groups.

To view monetary amounts in your currency instead of the plan currency, you can use the Currency drop-down list.