Overview of Managing Pay Groups and Payment Plans

The Assign Incentive and Draw Plans task includes activities to create and manage pay groups and payment plans.

  • Compensation managers use the Participant Assignments work area to create and manage pay groups as well as define and assign rule-based incentive payment draw and recovery plans.

  • Compensation analysts are responsible for participant-specific plan configuration and processes and use the Participant Snapshot work area to individualize plans. Analysts also define other participant-specific attributes, including the participant's home currency, to support participant-specific incentive agreements.

This diagram shows that the Assign Draws and Incentives task comes after Model and Configure Incentive Plans and before transaction processing within the Manage Incentive Compensation business process flow.

Manage Incentive Compensation business process flow diagram with job role swim lanes