Create and Maintain Compensation Agreements

Create and maintain compensation agreements for specific employees/contact persons.

These agreements are based on compensation types, and then altered to fit the specific needs for this person.

To create and maintain a compensation agreement:

1. Go to Human Resources > Employees > > Employees > Employees, and select the needed person.
2. In the Compensation Management island, click in the Compensation Model field to select a model.
3. Click the action drop-down and select Compensation Agreements.
4. In the Compensation Agreement sub-tab, in the Compensation Type No. field, select the compensation type on which to base this agreement.
5. Enter Starting Date and Ending Date information, such as the beginning and end date of a year.
6. In the Amount, Pay Period field, enter the amount the person is paid per each agreement pay period (not per calculation pay period).
7. Click the Compensation Types / Documents sliding panel to review the information of the compensation type on which the agreement is based.
8. When set up is complete, click .