Manage Performance Ratings By Plan
Use the Manage Performance Ratings by Plan screen to select the method used both for looking up an increase percent (used for deriving new salary amounts) and for validating the employee Manage Employee Salary Information screen.
Costpoint uses this data to derive the new salary amounts whenever you add a new line to an employee's Manage Employee Salary Information screen. You can add the new line either manually or by using the Update Employee Salary Based on Review screen, if a performance rating is also included on the line. This only applies to Grade and Quartile types of compensation plans (plans which have a plan type of Min-Mid-Max or Quartile on the Manage Compensation Plans screen). Step plans (plans which have a plan type of Step on the Manage Compensation Plans screen) automatically have a one-to-one relationship with the merit increase.
You can always override an employee's salary amount in the Manage Employee Salary Information screen. This screen is used for the lookup and validation if it is populated. However, if you have set up the Manage Performance Rating Percent by Plan and Grade screen, then that screen is used only when applicable. Also, you can have Costpoint automatically create this screen.