Configure Compensation Settings
Use the Configure Compensation Settings screen to select high-level parameters for operating Costpoint Compensation.
You can use a default compensation plan, require summary job titles, choose validation criteria when reassigning employees to a compensation plan, and select a method for assigning review forms. Additionally, you can use this screen to establish how you want to round dollars for an employee's actual salary increase and for setting up company-wide budgets.
Note: Enter this information as part of your initial Costpoint Human Resources setup. If you have one compensation plan that you use exclusively or most of the time, return to this screen after you establish your compensation plans and choose that plan code as a default. This saves time in setting up employees and whenever this compensation plan is used.
- Related Topics:
- Display the Configure Compensation Settings Screen
You view the Configure Compensation Settings screen from the People domain. - Contents of the Configure Compensation Settings Screen
Use the fields and options to configure the Configure Compensation Settings screen. - Table Information for the Configure Compensation Settings Screen
Changes to the Configure Compensation Settings screen update the COMP_SETTINGS table.
Parent Topic: Compensation Controls