You can use this screen to build your compensation plan tables by grade (for Min-Mid-Max or Quartile plan types) or by level (for Step plans, such as union plans). Use the Auto-Fill Percent process to automatically populate this table according to the criteria selected.
Set up this table as part of your system initialization, after completing the Compensation Plans screen.
Use the fields in this group box to identify the period for which a compensation plan is effective.
Enter, or use Lookup to select, the compensation plan code for which you are establishing this compensation plan salary range. This is a required field.
When you enter a code in the Compensation Plan field, this field automatically displays the description associated with this compensation plan
Enter the start date for this compensation plan. The date format is "MM/DD/YYYY." This is a required field.
Enter the end date for this compensation plan. The date format is "MM/DD/YYYY." This is a required field.
You can use this group box to select the number of rows to display for your compensation plan and to establish the minimum, mid-to-max, and maximum percentages to be used for this table, as well as the starting grade amount.
Enter the number of rows that the system will generate. Normally, there should be one row for each grade that you have previously set up in the Grades screen.
Enter the minimum percent on which this table will be based. This data field is valid only for Min-Mid-Max and Quartile plan types.
Enter the maximum percent for this plan's basis. This data field is valid only for Min-Mid-Max and Quartile plan types.
Enter the percentage of change between grades. This data field is only valid for Min-Mid-Max and Quartile plan types.
Enter the amount that you wish to have as the starting point for this compensation plan. This data field is valid only for Min-Mid-Max and Quartile plan types.
After selecting the Auto-Fill Percent pushbutton, enter the grade with which this compensation plan's salary range is to be associated. For Step plan types, enter the step level with which to associate this compensation plan's salary range.
If you selected Min-Mid-Max in the Plan Type group box in the Compensation Plans screen, the first three columns will default to "Min," "Mid," and "Max," respectively. If you selected Quartile for your Plan Type, the first five columns will default to "Q1 Start," "Q2 Start," "Q3 Start," "Q4 Start," and "Max," respectively.
If you selected Step in the Plan Type group box in the Compensation Plans screen, enter the salary that is to be associated with each level and column.
If you selected Min-Mid-Max or Quartile was selected in the Plan Type group box in the Compensation Plans screen, use the Auto-Fill Percent pushbutton to generate the salaries for the applicable columns.
If you selected a Min-Mid-Max or Quartile Plan Type in the Compensation Plans screen, select this pushbutton to generate the calculations needed to automatically complete this table.
If you selected a Min-Mid-Max or Quartile Plan Type in the Compensation Plans screen, select this pushbutton to open a subtask that will recalculate the values of each column based on the factor that you enter.