Create Compensation Packages

Create compensation components and grades.

Create 1 or more compensation plans to include in the compensation package.

Security: Set Up: Compensation Packages
domain in the Core Compensation functional area.

Compensation packages group compensation guidelines and compensation plans. Example:

Grades.

Grade profiles.

Steps associated with grade profiles.

A compensation package enables you to assign grades and plans to a worker simultaneously during a staffing transaction. During a staffing transaction, use eligibility rules to assign grades and plans to a worker simultaneously.

To have compensation components automatically populate for eligible employees during staffing transactions:

Assign an eligibility rule to a compensation package.

Associate the default grade and grade profile.

Associate 1 or more plan with that package.

Access the

Create Compensation Package

task.

(Optional) Select one or more

Eligibility Rules

to establish who is eligible for this package.

If you select multiple eligibility rules, Workday evaluates each rule independently. Employees are eligible if they meet the qualifications of any 1 rule.

Select the

Compensation Grades

to associate with this package.

Accessible by Users Granted Segment

is available only if segmented security for compensation is set up.

Select the

Compensation Plans

to associate with this package.

For eligibility rules to work during staffing events, associate plans with packages.

You can assign multiple salary plans to compensation package but each plan requires its own compensation rule.

(Optional) Select the

Compensation Basis

to associate with this package.

This section is required for Workday to allocate awards to plans that make up an employee's compensation basis. You can use a total compensation amount to manage compensation review process awards or other compensation change events.

You can only select compensation bases that have the

Manage Basis Total

check box selected.

Use the

Edit Compensation Package

task to update the package.

Assign packages to employees or update an employee's package:

As part of the hiring process (initial assignment only).

As part of the promote, demote, and transfer staffing transactions.

Using the

Request Compensation Change

task.