Skip to main content
Documentation
Documentation
Administrator Guide
Last Updated: 2023-06-23
Manage Funding for Bonuses

Manage Funding for Bonuses

You can change the bonus funding after you have submitted bonus amounts for individual employees. Example: Originally, bonuses totaled $1 million, but the company only pays $750,000.
  1. Open the My Tasks item for
    Manage Bonus Process Funding
    .
  2. (Optional) Update or add a company funded scorecard results.
  3. Enter a percent in the
    Revised Funding %
     field.
    This is the percentage by which you want to fund the bonus pool.
Workday uses the value entered in the
Revised Funding %
 field and divides it by the original funding percent. The result is applied to the individual employee bonus amount to create the employee's new bonus amount.
You can add the
Manage Bonus Process Funding
 as the last step in the compensation review business process.