Create Hourly Plans
- Set up compensation components and grades.
- Security:Set Up: Base and Plandomain 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.- Access theCreate Hourly Plantask.
- In theDetailssection, consider:
Optie Omschrijving InactiveSelect this check box if the plan is not available for use. Processes already using this plan complete as normal.Minimum WageSelect 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. - In theHourly Defaultssection, consider:
Optie Omschrijving Compensation ElementCompensation 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.CurrencySelect the currency for the payment. If configured, this currency overrides the currency setting on the compensation grade or grade profile, if it differs.FrequencyGiven 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. - In thePlan Eligibilitysection, 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.
- Select theExclude from Meritcheck 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 theRequest Compensation Changetask or web service.
- Add the plan to a compensation package on theCreate Compensation Packagetask.
- Access theHourly PlanandView Hourly Plan Usagereports.
- Access theEdit Hourly Plantask.You can update default values only for plans not yet assigned to employees. You can, however, update theCompensation Elementfield regardless if the plan is assigned or not.
- Adjust default values for assigned plans on theSet Up Hourly Plan Adjustmenttask.
- Hide the compensation plan type from specified groups of workers using theWorker Data: Compensation Plan Typedomain in the Core Compensation functional area.