Overview of Workforce Compensation Plans

Use workforce compensation plans to allocate budgets to managers and compensation to groups of people during a compensation cycle. The plans are highly configurable, so the specific tasks and information you see depend on the plan setup and your role.

For example, one plan configuration has budgeting enabled so includes the Manage Budgets task. It also includes the compensation tasks Adjust Salary, Allocate Bonus, and Allocate Stock, the communications task Communications, and the approvals task Approve.

Another plan configuration doesn't have budgeting enabled, so it doesn't include the Manage Budgets task. It does include the compensation task Allocate Award, the communications task Statement, and the approvals task Approvals.

Further, if you’re a compensation administrator, your Manage Budgets page might include the Adjust Budgets button. If you're a line manager, your Manage Budgets page won't include the button.

Depending on plan configurations, you might use many of the workforce compensation actions, tasks, and information covered in these chapters regularly. Others you don't use at all, or very infrequently, especially if you're a line manager with no managers reporting to you.