Total Compensation Statements Setup and Maintenance Tasks
Complete these setup tasks to enable people to define and generate a total compensation statement.
| Task List | Task Name | Description | Recommended Help |
|---|---|---|---|
| Define Total Compensation Statements | Configure the design, content, and delivery of a compensation statement that includes nontraditional forms of pay. For example, you can include fringe benefits, cost of benefits, and paid time off, as well as base pay and variable compensation. | ||
| Compensation Items | Create the lowest level of detail displayed in total compensation statements originating from sources such as payroll balances or element entries. | ||
| Compensation Categories | Create and configure categories to display similar types of compensation information in tabular format in compensation statements. | ||
| Statement Definitions | Create and configure statement definitions that determine the structure and period of the statement, the compensation displayed, and the graphs and information text that appear on the statement. | ||
| Configure Global Settings | Configure options, such as stock price and watchlist availability, that apply to all generated statements. | ||
| Manage External Compensation Data Lookups | Manage lookup type used to identify and categorize data from a third-party application that you import for use in a compensation business process. | ||
| Configure Compensation Batch Parameters | Configure processing parameters, such as the maximum number of errors allowed, for each batch process. | ||
| Manage Payroll Objects | Create and configure payroll elements, such as earnings and deductions, as well as payroll balances and formulas used to manage compensation. | ||
| Balance Definitions | Review the predefined balance definitions and create ones as needed, including specifying assigned dimensions and feeds. | ||
| Fast Formulas | Review predefined formulas and create new ones to validate or calculate data for benefits, human resources, absences, or payroll. |
Security Reference
The tasks that people can do and the data that they can see depend on their roles, duties, and privileges. For information about these factors, see these two guides: