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.
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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.
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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.