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Use this form to set up compensation grids. Companies that use external compensation systems can use grids to generate some basic compensation plans and set up pay range guidelines for the plans.
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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Edit and view information about compensation grids. |
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Edit and view details about the selected compensation grid. |
Buttons
Button |
Description |
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Set up or view wage range guidelines for the selected compensation grid. |
Fields
Field |
Description |
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Enter an identification of the compensation grid. |
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Enter a description for the compensation grid. |
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Select a type for the compensation grid: – Used for broad ranges of pay rates, and therefore, typically have few levels. – More detailed than , and therefore, often contains a larger number of levels. – The most graduated plan type that can be used for, for example, jobs with hourly pay rates. |
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Select a reference point setup. The reference points from the reference point setup control the ranges that you can use to set up wage range guidelines for each level in the plan. |
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Select a currency code. |
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Enter the date and time that the plan is active. |
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Enter the date and time that the plan is inactive. |