Steps: Set Up Compensation Grades and Grade Steps
Set up compensation elements and eligibility rules.
Configure and manage compensation guidelines:
- Grades, pay ranges, and grade profiles.
- Grade steps and adjustments to them.
- Grade step progression schedules.
- Create compensation ranges for jobs and job profiles.
- Create the grade steps that assign specific monetary amounts to workers. Configure the length of time that workers must remain in a step before progressing.
- Make adjustments to compensation steps associated with a compensation grade. Workday automatically adjusts the amount for all employees with those steps.
- Create a superior-subordinate relationship between grades.
- Configure automatic compensation grade step progression schedules to ensure that regulatory or workplace policies for step progression occur on time.
- Keep managers informed of upcoming automatic step progressions with notifications for both eligible and ineligible workers.
- Request a change in grade for an employee.
- Update the grade assigned to a job profile or to employees in that job profile.