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Use this form to make recommendations for an employee's fixed pay increases or awards by updating automatically calculated pay rate increase and award guidelines.
You can view the totals for all plans that the employee is associated with in the group below the tabs.
Task that uses this form
Navigating the form
The following tables provide descriptions for the controls in this form.
Tabs
Tab |
Description |
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View a list of pay rate increase or variable award guidelines that apply to the current employee.
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View details of the selected pay rate increase or variable award guideline. |
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View individual action lines. The lines are based on actions selected for fixed compensation plans in the event process setup. |
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View details of the action line selected on the tab. |
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View a list of variable awards, based on the variable award guideline selected on the tab. Composite awards are calculate per period, and a new award line is created for the period when preconditions change. If, for example, an employee's award is a percentage of the base pay, and the base pay is changed during the year, then the total award amount for the year is split into two lines where each line make up a percentage of the current base pay.
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View details of the award line selected on the tab. |
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View details of the award line selected on the tab. Point-in-time awards are calculated at a specific point in time and they are independent of periodic preconditions.
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Fields
Overview tab
Field |
Description |
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Description |
An automatically generated description of the pay rate increase or variable award guideline. |
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The fixed pay that the pay rate increase or award guideline is based on or the fixed pay rate available on the day that the process was run. |
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The value of the guideline increase or award as a percentage of the current pay rate or point-in-time award. For point in time awards the calculation is based on the fixed plan valid at the selected point in time. |
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For fixed pay guidelines, this amount is a total of the actions that have been run by the event process. For variable award guidelines, this is the guideline award amount. |
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The number of units of the award type assigned to the employee. This value is only applicable for variable award guidelines. |
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The value of the recommended increase or award as a percentage of the current pay rate. For point in time awards, the calculation is based on the fixed plan valid for the selected point in time |
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For fixed plans, this amount is a total of the increases recommended. For variable plans, this is the total recommended award. |
General tab
Field |
Description |
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The employee for whom you can make recommendations to update the guideline increases or awards. |
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An event created by the event process. |
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The event version is updated when you recalculate the pay rate increase or variable award guideline from the form. |
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Method to calculate the pay rate or award guideline.
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The fixed plan that forms the basis of the award calculation. |
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The position of the employee that the pay increase or award guideline is created for. |
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The rating that the employee achieved for his or her performance. The rating is applied in the form. |
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View the , and values for the selected guideline.
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The cumulative pay rate amounts consist of:
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Fixed overview tab
Field |
Description |
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Fixed compensation plan that the employee is associated with. |
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The employee's current pay rate. |
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The employee's pay frequency. |
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The currency in which the employee is compensated. |
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The action that generated a guideline record. Actions are defined for individual fixed compensation plans in the event process setup. |
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The pay rate increase defined by the current action. |
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Guideline increase expressed as a percentage. If the is active, this percentage calculation is based on the pay rate guideline of the previous line. |
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Recommended increase amount. Until you enter a recommendation, the default amount is the guideline increase amount. |
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The difference between the recommended amount and the guideline amount, expressed as a percentage. |
Fixed general tab
Composite overview tab
Field |
Description |
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and |
The period when the compensation information is valid. |
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The compensation level within the current plan that the employee is set to. |
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The amount used to determine the award. This amount is either the control point defined in the fixed compensation plan or the fixed pay rate. When setting up the variable compensation plan in the form on the tab, you can select either or as the variable award basis. |
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The amount calculated from the unit value multiplied by the number of units. |
group |
View the guideline totals for the part of the year covered by the award period. |
group |
Recommend an award percentage or a number of units. You can also enter your recommendation in the group on the tab. |