Human Resources> Employee Details> Compensation> Variable compensation awards

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Basic> Employee Details> Compensation> Variable compensation awards

Use this form to assign variable compensation awards. The variable awards are in addition to an employee's fixed compensation.

You can also see a history of all awards granted to the selected employee, including plans created through the process event.

Note
Variable compensation awards can also be calculated automatically by the system during a process event. You use the Variable compensation enrollment form to enroll employees in a variable award plan that is calculated automatically.

Navigating the form

The following tables provide descriptions for the controls in this form.

Tab	Description
Overview	View a list of awards granted to the selected employee.
General	View details on the award selected on the Overviewtab.
Dimension	View the dimensions for the award.

Field	Description
Variable plan	Select the variable compensation plan that applies to the award.
Number of units	Enter the number of units, such as stock options to be awarded. For cash awards, this value is the value of the total award.
Unit value	Enter the value of one unit. For cash awards this value is always 1.
Unit currency	Enter the currency that the unit value is expressed in.
Pay group	Select a pay group to use for sending compensation data to payroll.
Award date	The date of the award.
Type	The award type that is defined for the selected variable compensation plan.
Vesting rule	The vesting rule selected for the variable compensation plan. The vesting rules document the portion and timing of when a long-term award (such as a stock option) becomes available to the employee.
Award type	When you enter an award, the award type is always General award. When an event process is run, this information can change to Lump sum fixed pay, based on the event process setup.
Process type	When you set up the award, the award type is always created as a Non-cyclicalaward. When an event process is run, this information can change, based on the event process setup.
Plan	Select the fixed compensation plan that is used as a basis for the calculation of the award.