Configure Total Rewards Templates
Security:
Set Up: Total Rewards
domain in the Core Compensation functional area.You can create a total rewards template that enables you to:
- Display compensation, benefits, and payroll data by country.
- Display a targeted view that highlights commission-related compensation or executive packages.
The total rewards template consists of:
- A condition rule that controls which workers can view their statement through the template.
- The total rewards sections that display on the statement.
To enable employees to view a Total Rewards statement, you must use a Total Rewards rule to associate the template with the appropriate workers. If the rule excludes a worker, Workday doesn’t display the statement on their profile.
- Access theCreate Total Rewards Templatetask.
- As you complete this task, consider:
Option Description Total Rewards RuleDon't use a rule that:- Another template is already using.
- Includes workers associated with another template.
Summary Display Text Override(Optional) Enter an override for statements made up of only nonannual values.Enter up to 100 characters to override the default annual frequency displayed on the statement.Example: If all items on your Total Rewards Statement display monthly values, enter Monthly.Disclaimer Text(Optional) Enter text that displays at the bottom of the statement.Rounding Rule(Optional) Select a rule created with theCreate Compensation Rounding Ruletask.Workday rounds decimal values on the Total Rewards Statement according to the rule that you select. However, Workday doesn't round stock values.Section Group TitleEnter a title for the section group.Do Not Sum(Optional) Select if you don't want the value of all the items in this section added to the grand total or displayed in theTotal Rewardsgraphic.SectionEnter aSectionconfigured on theCreate Total Rewards Sectiontask.Display Employee Cost(Optional) Select to display any employee-paid portion of the compensation components in this section.Example: The employee pays for some health benefits. If selected, Workday adds a column to the table that displays the employee cost.
Access the
Total Rewards Template Audit
report to display the employees associated with more than the 1 template.