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Administrator Guide
Last Updated: 2024-03-08
Steps: Set Up Total Rewards Statement

Steps: Set Up Total Rewards Statement

Set up the
Total Rewards
 statement to display a breakdown of base pay, bonuses, health and other benefits, stock, commissions, and so on.
  1. Access the
    Create Total Rewards Section
     task.
    As you complete this task, consider:
    Option Description
    Title Text
    Enter a title for the section.
    Explanatory Text
    Enter explanatory text or instructions for your section.
    Quicklink
    Enter an external web site URL for the section.
    List / Table
    Select list or table format.
    Group Title
    Enter a title for the Group.
    Column Header Override
    Enter your own labels for the primary and comparison columns.
    Item
    Select 1 or more Compensation, Benefits, or Payroll items.
    You can emphasize the item, override the item name, or provide explanatory text.
    If you select an item in the
    Comparison
     column set, the statement displays the primary and comparison items together.
    If you select an item from the Payroll categories of
    Earning/Deduction
     or
    Pay Component Groups
    , you must also select a
    Balance Period
    .
    You can also display the item if the value is zero or hide the value.
    Security:
    • Reports: Total Rewards Statement (Results - Security based on Pay Component Security)
       domain in the Core Payroll functional area.
    • Self Service: Total Rewards
       domain in the Core Compensation functional area
    • Self-Service: Total Rewards Dashboard
       domain in the Core Compensation functional area.
    • Set Up: Total Rewards
       domain in the Core Compensation functional area.
  2. Access the
    Create Total Rewards Rule
     task.
    A total rewards rule specifies criteria that apply to a subset of workers. These workers see their statement filtered through the template that uses the rule.
    Security:
    Set Up: Compensation
     domain in the Core Compensation functional area.
  3. Templates enable 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 Statement is available to a worker that meets these conditions:
  • The worker matches the criteria specified in a total rewards rule.
  • A total rewards template uses that rule.
Workers who meet these conditions can view
Compensation
View Total Rewards
 from the related action menu. Workday displays the total amount that would result from a summation of compensation, benefit or payroll data. Workday displays all amounts in the currency of the base compensation.
You can view the
Total Rewards Dashboard
.