Contents of the Manage Performance Ratings by Plan and Grade Screen
Use the fields and options to configure the Manage Performance Ratings by Plan and Grade screen.
Compensation Plan
Enter the name of the Compensation plan in this field.
Field | Description |
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Auto Load |
The Auto Load button automatically loads this table with a selected compensation plan. To load the table, complete the following steps:
If the plan is a Step plan (that is, plans which have a plan type of Step on the Manage Compensation Plans screen), then you will receive an error message. You must select a new plan code that is a Grade or Quartile type of plan. The data that is associated with the selected compensation plan code loads automatically, and you can then edit it in the main screen table window. The Auto Load process generates a line for each plan, for each quadrant within a plan, and for each rating within a quadrant. If you selected a rating increment in the Rating Increment group box, those increments are included in this table. |
Rating Increment
Use the options in this group box to create increments between performance ratings for this table. For example, your ratings may be "4.0" and "3.0," but an employee may receive a rating of "3.5." If your choice was One-Half, the table fills with "4.0," "3.5," and "3.0" ratings for each quadrant. This field is used only for the Auto Load feature.
Field | Description |
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One-Fourth |
Select this option to increment your ratings by fourths. |
One-Third |
Select this option to increment your ratings by thirds. |
One-Half |
Select this option to increment your ratings by halves. |
Whole Number |
Select this option to have a one-to-one relationship between your ratings and this table. This option is the system default. |
Rating Order
Use this group box to determine the order in which your rating codes are compiled in this table. The default is ascending order.
Field | Description |
---|---|
Ascending |
Select this option to compile ratings codes in ascending order. |
Descending |
Select this option to compile rating codes in descending order. |
Table Window
Field | Description |
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Compensation Plan |
Enter, or click to select, the compensation plan to which this table applies. |
Grade |
This field displays the grades/quartiles set up in the compensation plan Manage Compensation Grades screen for this compensation plan. |
Quadrant/Min-Mid-Max Section |
This field displays the applicable ranges for each quartile/grade and defaults accordingly in this column. This information is obtained from the Column Titles group box on the Manage Compensation Plans screen. |
Performance Rating Increment |
This field displays the company-wide performance ratings set up on the Manage Performance Ratings screen. Enter, or click to select, the rating. Note: You can click the
Auto Load button to automatically generate the Compensation Plan, Grade, Quadrant/Min-Mid-Max Section, and Performance Rating Increment tables.
|
Merit Percent Increase |
Enter the merit percentage for which this grade/quartile number and rating apply. The employee's salary in the Manage Employee Salary Information table is updated by this percentage amount whenever you add a new line to the table and a performance rating is included on the line. |