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Administrator Guide
Last Updated: 2023-06-23
Steps: Manage Compensation Review Statements

Steps: Manage Compensation Review Statements

  • Approve employee compensation review awards.
  • Create custom compensation review statements.
You can generate compensation review statements and make them visible to administrators and managers before, on, or after the effective date of the compensation review process.
You can include the
Release Compensation Review Statement
 in the
Initiate Compensation Review Process
 business process or access it as a standalone task.
If you provide your employees with a custom statement report outside of the
Release Compensation Review Statement
 task, a high volume of print jobs might affect performance.
  1. (Optional) Access the
    Edit Tenant Setup - HCM
     task and select the
    Disable Create New Compensation Review Statement functionality for Employee on View Compensation Review Statements
     check box.
    If selected, this hides the
    Create New Statement
     button on the
    View Compensation Review Statement History
     view for Employee as Self.
  2. Access the
    Release Compensation Review Statement
     as a standalone task if it isn't included as a step in the
    Initiate Compensation Review Process
     business process.
    As you complete this task, consider:
    Compensation Review Statement Rule
    Select a rule that defines the statement layout.
    You can create rules on the
    Create Compensation Review Statement Rule
     task.
    Statement Release Date
    You can select a date before, on, or after the effective date of the compensation review process.
    Workday releases statements at 12:00 AM on this date according to the time zone of each employee's location.
    Generate Statement PDF
    If selected, Workday generates compensation review statement PDF files on the configured start date, time, and time zone for all employees in compensation review process.
    Security:
    Process: Compensation Management Plan Employee Management
     domain in the Advanced Compensation functional area.
  3. (Optional) Access the
    Set Compensation Review Statement Visibility
     task to make statements visible for employees immediately.
    You can only use this task for a given organization and compensation review:
    • After you've run the
      Release Compensation Review Statement
       task.
    • Before either the
      Effective Date
       or the
      Employee Visibility Date
       configured on the compensation review.
    Option Description
    Organization
    Select an organization with a completed compensation review process.
    You can optionally include subordinate organizations.
    Completed Compensation Review Process
    Select a completed compensation review process for the organization that you selected.
    Workday displays only processes completed within the last 18 months and released with the
    Release Compensation Review Statement
     task.
    Statement Visible
    Available only after you've generated the statement PDF.
    If selected for the individual employee, Workday makes the statement visible.
    Example: You have meetings scheduled with 3 of your employees later today. Select these 3 employees to make their statements visible immediately.
    If you don't run the
    Set Compensation Review Statement Visibility
     task, Workday makes compensation review statements visible to employees on the latest of either the
    Employee Visibility Date
     or the
    Effective Date
     configured on the compensation review process.
    Security:
    Worker Data: Compensation Review Statement Visibility
     domain in the Advanced Compensation functional area.
  4. Access the
    View Compensation Review Statements
     report.
    This report enables you to:
    • Generate compensation review statements for multiple employees.
    • Print compensation review statements in batch mode as a single PDF file.
    • View compensation review statements for employees after you've released them and generated the PDF.
    Security:
    Worker Data: Compensation Review Statements
     domain in the Advanced Compensation functional area.
  5. Run the
    Compensation Review Maintain Released Statements
     mass operation.
    • Create a custom report using the All Compensation Review Process Employee Adjustments report data source.
    • Access the
      Mass Operation Management
       task. As you complete the task, consider:
    Option Description
    Mass Operation Type
    Compensation Review Maintain Released Statements
    .
    Input Report
    Select the custom report that you created.
    You can:
    • Delete all released statements.
    • Delete those statements for a target population specified by an eligibility rule.
    • Generate new statements.
    Security:
    • Mass Operation Management
       in the System functional area.
    • Compensation Review Maintain Employee Participation
       in the Advanced Compensation functional area.