Updating Employee Compensation
Depending on your application's granularity, on Employee Details, you can update such information as salary, Performance Ratings, FTE, Employee Type, Union Code, and Demographics.
Tip:
You can also quickly update and process data on multiple existing employees. See Updating Multiple Employees and Jobs Details.
To view and update employee compensation:
- Click Compensation Planning , and then Employee Details .
- To update an employee's salary, select the employee from the POV, and then:
- Right-click in the grid, and then select Change Existing Details.
- From Change Employee, select Salary, and then click Next.
- Select the Year and From Period as the effective date for the updated salary.
- From Salary Options, select:
- Salary Defaults: Select to set the salary based on the salary defaults, which are set on the Defaults tab of Compensation Planning.
- Salary Basis and Rate: Select to directly enter the salary rate (for example, 6000) and basis (for example, Monthly).
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Salary Grade: Select to set the salary by selecting a salary grade. Your administrator imports salary grades, and you set the defaults for new hires by selecting Compensation Planning, then Assumptions, and then Salary Grades.
If you don't select a salary option, then the salary defaults are used. Selecting either Salary Basis and Rate or Salary Grade overrides any salary default assignments.
- Click Launch.
The employee's salary is calculated during the time range you specified.