Steps: Recalculate Bonus Targets, Pool, and Awards During Compensation Reviews

This task updates bonus targets on the bonus plans included in the compensation review process and totals for each employee whenever:

Eligibility rules change a profile target.
Profile or plan target changes.
Scorecard results change.
Rounding rule changes.
Matrix values change.

See

To update both bonus targets and pools, access this task before the

Configure Pools

step of the compensation review process. You can still update targets with this task after

Configure Pools

but doing so only updates targets, not pools.

Workday updates nondiscretionary amounts based on updated targets. Workday doesn't change discretionary amounts entered during the compensation review.

Security:

Process: Compensation Management Plan Employee Management

domain in the Advanced Compensation functional area.

This task recalculates the bonus pool and awards for in-progress compensation reviews after you update scorecard data using the:

Edit Compensation Scorecard
task, or
Put Compensation Scorecard
Enterprise Interface Builder (EIB) web service.

Access this task after the compensation review starts and before the controller submits. As you complete this task, consider:

Update Pool and Keep Bonus Amount Fixed	Automatically selected when some approvals are complete but others aren't. Keeps bonus award amounts fixed and updates the bonus pool.
Update Pool and Keep Bonus Factor % Fixed	Only available if all approvals are complete. Workday applies the Bonus Factor % proposed against the new target with the latest scorecard results to the Award amounts and updates the bonus pool.

Security:

Process: Compensation Management Plan Employee Management

domain in the Core Compensation functional area.