FAQ: Propose Compensation

For salary, hourly, or allowance plans, the

Expected End Date

is an estimate. Access the

Schedule Remove Compensation Plans with Expected End Date

task to actually remove compensation plan assignments from employees.

For compensation plan assignments with an

Actual End Date

, Workday automatically removes the compensation plan assignment at 11:59:59 PM on that date. Workday doesn't remove plan assignments when there are future-dated events on the plan assignment.

Workday displays the

Actual End Date

field only if you selected the

Enable Actual End Date

field in the

Compensation

section of the

Edit Tenant Setup - HCM

task.

If you make changes to the individual plans of a compensation basis, Workday recalculates the proportional plans based on the modified plan for employees managed by basis total. However, Workday doesn't recalculate plans that are a percentage of total cash when individual plans change.

On the

Hire

and

Change Job

business processes, managers can override the amount for employees managed by a compensation basis. Workday then performs a partial calculation and recalculates only those plans that depend on the change. In this case, the period salary plan functions as a percentage-based plan. If you want to have the period salary plan function as a percentage of salary only, modify the compensation basis to contain salary only. Run the

Period Salary Plans Manage By Compensation Basis Health

report to verify your configuration.

With

Fixed for Manage by Basis Total

selected, Workday treats the assigned amount as fixed when performing a top-down calculation on the Primary Compensation Basis (PCB). This check box displays only when:

The compensation plan is part of the PCB.
The compensation plan is amount- or unit-based.
The compensation plan allows overrides.

If this option is selected in the Compensation section of the Edit Tenant Setup - HCM task, Workday displays only relevant compensation plan sections during the

Propose Compensation Change

business process when used as a step on the

Change Job

business process, either for an internal job change or an internal hire.

Workday determines the relevant plan sections based on worker eligibility and the security permissions for the user performing the compensation change.

For users with View/Modify permissions on any of these following compensation security domains:

Compensation Change: Allowance
Compensation Change: Bonus
Compensation Change: Calculated
Compensation Change: Commission
Compensation Change: Hourly
Compensation Change: Merit
Compensation Change: Period Salary
Compensation Change: Salary
Compensation Change: Stock
Compensation Change: Unit Salary

Workday displays the respective plan section if the worker for whom the compensation change either:

Has an assignment of that plan type, or
Had an assignment of that plan type but has lost the assignment because of eligibility or manual removal of the assignment.

For users with View/Modify permissions on the above domains and Modify permissions on these security domains:

Add Compensation Plans: Add Allowance
Add Compensation Plans: Add Bonus
Add Compensation Plans: Add Calculated
Add Compensation Plans: Add Commission
Add Compensation Plans: Add Hourly
Add Compensation Plans: Add Merit
Add Compensation Plans: Add Period Salary
Add Compensation Plans: Add Salary
Add Compensation Plans: Add Stock
Add Compensation Plans: Add Unit Salary

Workday displays the respective plan section if the worker for whom the compensation change:

Has an assignment of that plan type, or
Had an assignment of that plan type but has lost the assignment because of eligibility or manual removal of the assignment, or
Is eligible for that plan type.