Use this form to set up recommendation work streams that you can
bundle and run simultaneously. You can do this for a selected
period of time and use employee compensation data and compensation
plans that are selected for the specified period.
A process event can be as simple as an anniversary-based merit
increase for one employee, or as complex as an enterprise-wide,
annual, combined compensation process that includes merit
increases, equity adjustments, annual bonus payments, and long-term
incentive awards.
Navigating
the form
The following tables provide descriptions for the controls in
this form.
Tabs
Tab
Description
Enter or view settings for the process event.
Enter or view settings for the process event.
Enter or view date settings for the process event, including the
starting and ending dates for the cycle, the point-in-time date to
use in non-composite plans, the date to override a hire date, and
the date and time to apply the compensation information to the
employee record.
Buttons
Button
Description
Enter additional details for the process event.
Run the process event.
View the calculated results of the event.
Fields
Field
Description
Enter a unique identifier for the process event.
Enter a description of the process event.
Enter the first date in the period during which the process
event can be run.
Enter the last date in the period during which the process event
can be run.
Select the appropriate type of process event.
Select this check box to allow others to run this process from
the menu.
Enter the starting date of the cycle period,
Starting and ending dates are used to determine the period used
for the process event calculations.
Enter the ending date for the cycle period,
Starting and ending dates are used to determine the period used
for the process event calculations.
Enter the date to apply to transactions generated by the process
event. This date will become the new active date for fixed
compensation plans and the award date for variable plans.
Enter the date to use when calculating variable awards for a
specific point in time. The employee fixed compensation available
at that point in time will be the basis for this calculation.
Enter the date from which to calculate the prorated fixed pay
amount for employees hired during the cycle period. Employees hired
before this date will receive full merit increase.
Enter the first date on which users can view the
form.
Enter the last date on which users can view the
form.
Enter the first date on which users can update information in
the
form.
Enter the last date on which users can update information in the
form.
Enter the date on which the transactions generated by the
process event are to be in effect, after the event is applied to
the employee records.
Navigating
the form
