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Administrator Guide
Laatst bijgewerkt: 2023-06-23
Create Hourly Plans

Create Hourly Plans

  • Set up compensation components and grades.
  • Security:
    Set Up: Base and Plan
    domain in the Core Compensation functional area.
You can create or update an hourly plan that you assign to eligible employees.
You can also annualize hourly plans by setting the annualization factor on the
Maintain Frequencies
task.
  1. Access the
    Create Hourly Plan
    task.
  2. In the
    Details
    section, consider:
    Optie Omschrijving
    Inactive
    Select this check box if the plan is not available for use. Processes already using this plan complete as normal.
    Minimum Wage
    Select this check box to indicate that the defaults define the minimum wage in the regulatory region where this hourly plan is in use.
    When selected, managers can propose only hourly rates higher than the default amount for employees assigned to this hourly plan, using only the default currency and frequency.
  3. In the
    Hourly Defaults
    section, consider:
    Optie Omschrijving
    Compensation Element
    Compensation elements store the earnings associated with compensation.
    If you select a compensation element designated as base pay, Workday includes the compensation for a plan in the employee's base pay calculation.
    Currency
    Select the currency for the payment. If configured, this currency overrides the currency setting on the compensation grade or grade profile, if it differs.
    Frequency
    Given that this is an hourly plan, always select Hourly so that the employee gets paid by the hour.
    Workday calculates pay for employees by using the employee's scheduled weekly hours or a user-defined annualization factor, as defined in the frequency definition.
  4. In the
    Plan Eligibility
    section, select 1 or more rules.
    Employees are eligible if they meet the qualifications of any 1 rule. If you select multiple eligibility rules, Workday evaluates each rule independently to determine employee eligibility for the plan.
  5. Select the
    Exclude from Merit
    check box if you don't want this plan to be available when you initiate a compensation review process.
You can:
  • Assign the plan to employees on the
    Request Compensation Change
    task or web service.
  • Add the plan to a compensation package on the
    Create Compensation Package
    task.
  • Access the
    Hourly Plan
    and
    View Hourly Plan Usage
    reports.
  • Access the
    Edit Hourly Plan
    task.
    You can update default values only for plans not yet assigned to employees. You can, however, update the
    Compensation Element
    field regardless if the plan is assigned or not.
  • Adjust default values for assigned plans on the
    Set Up Hourly Plan Adjustment
    task.
  • Hide the compensation plan type from specified groups of workers using the
    Worker Data: Compensation Plan Type
    domain in the Core Compensation functional area.