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