COMPENSATION PLAN DEFAULTS

Use this screen to link a taxable entity, labor group/union, labor location/local, or a combination of the three to a compensation plan, which in turn allows you to populate the employee table using an automated process.

Populate this table as part of your system initialization.

Labor Group/Union

Enter, or use Lookup to select, the three-character alphanumeric code for this labor group or union. Establish labor groups/unions in Costpoint Labor. This is not a required field.

Note: This field will be entitled Union if you selected the Enable Union Functionality checkbox in the Labor Settings screen in Costpoint Labor. If you did not select the Enable Union Functionality checkbox in the Labor Settings screen, this field will be entitled Labor Group.

Labor Location/Local

Enter, or use Lookup to select, the 12-character alphanumeric code for this location or local, if you are using union functionality. Establish locations/locals in Costpoint Labor. This is not a required field.

Note: This field will be entitled Local if you selected the Enable Union Functionality checkbox in the Labor Settings screen in Costpoint Labor. If you did not select the Enable Union Functionality checkbox in the Labor Settings screen, this field will be entitled Labor Location.

Hint:  Although neither the Labor Group/Union nor the Labor Location/Local field is required, you will not normally leave both fields blank for a compensation plan. A compensation plan should be linked to a labor group and/or a labor location.

Compensation Plan

Enter, or use Lookup to select, the six-character alphanumeric compensation plan code to link to this taxable entity, labor group, or labor location. This is a required field.

Table Information

Changes to this screen update the COMP_PLAN_DFLT table.