Compensation Plan Summary

This page enables the login user to view the summary details of compensation planning. You can quickly view all variances at each manager node level that helps make business decisions in Compensation Review.

Select the “Compensation Planning” activity under the “Compensation Planning” business component and click “Summary” tab.

The “Compensation Plan Summary” page appears.

Tab – Summary

The following search conditions can be explored:

Compensation Planning Unit	Select the compensation planning unit drop-down.
Country	Select the country to which the employee belongs. The drop-down shows all statutory regions applicable for the employment units. You may also choose “ALL”.
Employment Unit	Select the employment unit to which the employee belongs. The drop-down shows all employment units for which the login user has permission along with “ALL”.
Currency	Select the currency. The drop-down shows the currencies applicable for the regions.
Compensation Plan Period	Select the plan period of the compensation. The drop-down is loaded with all the created plan periods in Plan period screen.
On Behalf of	Just in case you are doing the compensation planning on behalf of someone, you could choose the Planner from drop down for whom you would like to do planning.

Click “Get” button to retrieve the compensation summary details in the grid.

Tree On Left Pane

- If you are a planner, you will be able to see the entire hierarchy within your span of control.
- If you the HR user, you will be able to see the entire organization hierarchy.
- Each node is the total number of employees (included for the selected plan period) reporting to him/her.
- Each parent node has Direct Reports node which lists the direct reports of him/her.
- The Node stops drilling down further when there are no direct reports at any node.
- Click on any name node or name of a specific person to view the summary details in the grid.
The system displays the following details in the “Summary” section.
The photo, name of the planner, the total no of employees for the summary shown and the status of the selected node.
Click “ Exception” hyperlink to view Exceptions across Employees.
The summary section displays the following:

Budget	The budget % defined in system for the selected plan period. Budget percentage on the total TEC (CTC) of the employees at each node selected as on date. Note: This field is not visible if the login user does not have permissions to view budget as per Gradeset-Grade-Level mapping defined in master’s screen.
Target	Target percentage and amount on the Total TEC (CTC) of the employees directly reporting at each node as on date.
Actual	The percentage and sum of Amount, One-off Lump and Discretionary Bonus at each node.
Merit Increase	The average Merit Increase % at each node.
One Off Lump Sum	The sum of One Off Lump sum of for the selected node.
Discretionary Bonus	The sum of Discretionary Bonus for the selected node.
Budget Vs Actual	The variance in Budget and Actual values. This data is visible only if you have permissions on a budgeter.
Target Vs Actual	This shows the variance in Target and Actual values (Target-Actual)/Target*100).
Structured Bonus	The sum of structured bonus for the employees in the grid at each node selected.

The following details are displayed in the grid with all the directing reporting employees of the planner in the root node:

Status	The status of the node applicable to the employee in the row. The status would be “In Progress”, “Submitted”, “Approved” and “To Be Revised”.
Managers	The name of the managers who are within the span of control of the login user and direct reports with image of logged in user.
Planner In Charge	The name of the planner in charge in case there is no planner available at the bottom node. This shows if there is a proxy or delegated employee who is planning on behalf of the planner.
Reports	The total number of direct reports against the employee.
Current TEC (CTC)	The sum of the current (CTC) of all the employees.
Budget %	The average budget percentage of all the employees.
Budget Amt	The sum of the budget amount values of all the employees.
Target %	The average of the target percentage of all the employees.
Target Amount	The sum of the budget amount values of all the employees.
Actual Increase %	The average of the Actual Total Increase percentage of all the employees adding the One Off Lump sum and the discretionary bonus if any.
Actual Increase Amount	The sum of the Actual Total Increase amount values of all the employees adding the One Off Lump sum and the discretionary bonus if any.
Merit Increase %	The sum of the actual projected average merit amount values of all the employees.
One Off Lump sum	The sum of the one off lump sum amount values of all the employees.
Discretionary Bonus	The sum of the discretionary bonus amount values of all the employees.
Structured Bonus	The sum of the structured bonus amount values of all the employees.
Budget Vs Actual %	The average variance in budget and actual in percentage fo all the employees.
Budget Vs Actual Amount	The sum of total variance in budget and actual amount of all the employees.
Target Vs Actual %	The average variance in Target and Actual in percentage for all the employees.
Target Vs Actual Amount	The sum of total variance in Target and Actual amount of all the employees.

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