Create Salary Plans
- Set up compensation components and grades.
- Security:Set Up: Base and Plandomain in the Core Compensation functional area.
Create a salary plan that you can then assign to eligible employees.
- Access theCreate Salary Plantask.
- In theDetailssection, select theInactivecheck box if you don't want the plan available for use with new processes. Processes already in progress using this plan complete as normal.
- In theFTEsection, consider
Opzione Descrizione Apply FTE%If selected, Workday prorates the bonus for part-time employees assigned to this plan based on their FTE.You can enablePaid FTEin the Staffing section on theMaintain Localization Settingstask. If enabled, Workday prorates using the paid FTE override on the position. Otherwise, Workday calculates FTE by dividingScheduled Weekly Hours/Default Weekly Hourswhen proposing compensation during these business processes:- Offer.
- Employment Agreement.
- Hire.
- Change Job.
- Edit Position.
- Add Job.
- Start International Assignment.
Use Assigned Value in 100% CalculationsFor amount-based plans only. This option doesn't apply to workers Managed by Basis Total (MBT).If selected, Workday uses the assigned amount on the plan as the fixed proration value and the 100% value in calculations.If not selected, Workday divides the assigned amount by the employee's FTE for 100% FTE calculations.Example: You assign a worker with 50% FTE amount-based Salary Plan A for 1,000 and amount-based Allowance Plan B for 1,000. You select theUse Assigned Value in 100% Calculationsfor Salary Plan A andNone of the abovefor Allowance Plan B.The 100% FTE value calculated for Salary Plan A is the assigned amount of 1,000. Workday doesn't divide this amount by the worker's FTE. The 100% FTE value calculated for Allowance Plan B is 2,000, which equals the assigned amount (1000) divided by the employee's 50% FTE (0.5): (1000/0.5 = 2000).None of the AboveWorkday doesn't apply FTE% and doesn't use the assigned plan value in 100% calculations.Rounding RuleDisplays only when you've selectedApply FTE%and the worker's FTE% is less than 100%.For MBT workers with prorated compensation, Workday ignores any rounding rule on the salary plan. In addition, Workday doesn't round the salary amount for any Compensation business process that doesn't have an associatedPay Group.Workday calculatesSalary Assignmentfrom the worker'sPay Group Frequencyfor the position being evaluated, rounds, and converts the value toPlan Frequency. - In theSalary Defaultssection, select aCompensation Element.Compensation elements store the earnings associated with compensation. If you select a compensation element designated as base pay, Workday includes the compensation in the employee's base pay calculation.
- In thePlan Eligibilitysection, select 1 or more eligibility rules.Eligibility rules determine which employees are eligible for this plan. If you select multiple eligibility rules, Workday evaluates each rule independently to determine employee eligibility for the plan. Employees are eligible if they meet the qualifications of any 1 rule. You can only use individual rules once in the plan and profiles.
- 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 theSalary Planreport for detailed information on a specific plan.
- Access theEdit Salary 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.
- Hide the compensation plan type from specified groups of workers using theWorker Data: Compensation Plan Typedomain in the Core Compensation functional area.