MB6-898 Create compensation grids
In the compensation plan you click compensation structure in the action tab, there you can set the range of the compensation grids based on…
In the compensation plan you click compensation structure in the action tab, there you can set the range of the compensation grids based on…
After you run a compensation process you should go through the results and do changes and recommendations where you see fit. When you are…
There are two different compensation plans, fixed and variable. Fixed compensation plans To change the fixed compensation plans, you click on a specific plan…
When you set up a new compensation you should set “Recommendation” to yes to be able to give recommendations. Enable recommendations When you run…
Examples of fixed compensation plans; Base pay raise Merit increase Promotion Demotion Examples of variable compensation plans; Bonus payments Performance awards Stock options Grants…