Compensation History Categories
Compensation history has a summary table with four categories--Salary, Stock, Other Compensation, and Recurring Payments--and links to compensation details. Summary info covers 5 years of history while details cover all years.
Salary
The Salary category has these three rows of information:
Row | Comments |
---|---|
Overall Salary |
For the current year, it's the most recent pay rate. The rate appears in the frequency of the person's salary basis, such as hourly, monthly, or annually. For previous years, it's the pay rate on 31 December of that year. |
Annualized rate | Calculated using the person's overall salary and the annualization factor of the salary basis frequency as of 31 December of that year. |
Percentage change | The difference in the person's overall salary from the previous year, if history exists. |
In the summary table, click the base pay link to view detailed information about salary history, percentage change, compa-ratio, and growth rate. The detail view includes links to individual base pay change records.
Stock
The Stock category shows a total for each grant type awarded in the unit granted, such as shares or options. In the summary table, click the grant name to view more information, such as grant date, vested shares, and the estimated value of unvested shares.
Other Compensation
The Other Compensation category shows nonrecurring monetary compensation, such as commissions, bonuses, overtime, and reimbursable expenses. In the summary table, click the compensation name to view effective date, amount, currency, and grand total information about all awards.
You can see elements information with only input values that are numbers, integers, and money because history was designed for monetary and quantity compensation. For example, you can see salary, bonus, and allowance amounts and quantities of vested, unvested, exercised, and unexercised stock shares. Also, the overall view shows various totals, which history can't calculate for nonmonetary and nonnumeric values.
Recurring Payments
The Recurring Payments category includes the latest amount of recurring compensation, such as car allowances and education assistance. In the summary table, click the payment name to view effective date, amount, currency, and grand total information for an individual award or compensation amounts.