Steps: Manage Custom Modifiers for Compensation Reviews
Security:
Worker Data: Compensation Management by Organization
domain in the Advanced Compensation functional area.You can configure custom modifiers to calculate bonus proration segments for specified employees. Examples:
- Set a proration segment to zero.
- Prorate a segment up to or greater than 100 percent.
- Prorate employee awards with multiple performance ratings.
- Prorate awards using more strategic modifiers that scorecards don't address.
- Access theMaintain Compensation Review Custom Modifierstask.Enter 1 or more custom modifier names. Workday generates theReference IDfor use with the Enterprise Interface Builder on these web services:
- Get Employee Proration Segment Details
- Import Employee Proration Segment Details
- In theCustom Modifiersection on theParticipation Rulestab, select what Workday does with the planned bonus award when a custom modifier is altered for an employee during theComplete Employee AwardsorReview Employee Awardssteps of a compensation review process:
- Access theMaintain Compensation Review Custom Modifiers for Employeetask.Apply custom modifiers to the employee's proration segments as determined by your selected compensation review process and bonus plans.For eachCustom Modifieryou configure for an employee's proration segment, enter aCustom Modifier Percent.Example: You apply 2 custom modifiers to Terry's second proration segment:
Option Description Company Adjustment88Position Performance Factor110TheMaintain Compensation Review Custom Modifiers for Employeetask only works during these steps of an in-progress compensation review process:- Configure Pools
- Complete Employee Awards
- Review Employee Awards
Access the
View Bonus Calculation
report to display any custom modifiers used to calculate the bonus.