Create Eligibility Waiting Periods for Compensation Review Processes
Security:
Set Up: Merit and Bonus
domain in the Advanced Compensation functional area.Create or update a compensation eligibility waiting period on the
Create Eligibility Waiting Period
task, which determines whether employees are eligible for a raise or a bonus. You base the rule on a single value, such as a hire date. If you run the process before the waiting period expires, you can add employees in a waiting period an exception with a target of zero. You can also use these web services:
- Get Eligibility Waiting Period
- Put Eligibility Waiting Period
Employees in the waiting period don't automatically receive an award when the waiting period is over. Run the process again after the waiting period ends to give awards to these employees.
- Access theCreate Eligibility Waiting Periodtask.
- Enter theNumberand select aUnitvalue for the rule logic.Example: To configure a 1 year waiting period, select12andMonths.
- Select aFrom Datefrom which Workday starts counting.
- If you selectedDate of Last Base Pay change, you can selectExcluded Criteriato exclude events that Workday won't consider as an increase.You can select:
- Any number of staffing events to exclude.
- Event categories and reasons regardless of segment security configuration.
You can define types of excluded criteria on theMaintain Event Categories and Reasonstask.
When configuring the plan, you can select the
Include Active Employees in Waiting Period
option. If selected, Workday includes employees assigned to the plan and in the waiting period, as of the Process Period End Date
, in the compensation review. However, Workday includes these employees as exceptions with a target of zero. Consider:
- Eligibility waiting period:3 Months from Hire Date.
- Include Active Employees in Waiting Period: selected.
- Process Period End Date: December 31.
- Two employees have different hire dates, September 23 and October 6.
Hire Date | Eligible for award on December 31? |
|---|---|
September 25 | Yes, September 23 to December 31 is more than 3 months. The waiting period ended on December 23. |
October 6 | No, October 6 to December 31 is less than 3 months. This employee is included in the process as an exception with a target of zero. |
Assign the waiting period to merit and bonus plans. You can assign the same waiting period to multiple plans.