View Compensation Template

Click “View Compensation Template” to navigate to “View Compensation Template” page.

OU	From the drop-down list box, select the organization structure unit. Mandatory.
Employment Unit	From the drop-down list box, select the employment unit for which you require the grade based salary structure. The system displays "Select” by default on launch of the page. Mandatory.
Grade Set	From the drop-down list box, select the grade set. The combo is loaded with various options including “All”. Mandatory.
Grade	From the drop-down list box, select the grade. The combo is loaded with various options including “All”. Mandatory.
Work Location	From the drop-down list box, select the work location. The combo is loaded with various options including “All”. Mandatory.
Currency	The system displays the currency in which the salary is paid to the employees in “Currency” field.
Duration	The latest duration will be displayed by default.

Click “Get Details” to fetch and display the records in the multiline based on the details entered.

The following details are displayed in the header of the multiline:

Periodicity	From the drop-down list box, select the periodicity as ‘Monthly’, ‘Bi-Monthly’, ‘Weekly’ and ‘Yearly’. This is the final periodicity of the entire compensation.
Compensation Amount	The compensation amount.
Percentage of Compensation	The percentage of compensation.
Flexi-Benefit Amount	The flexi benefit amount.

The following field details are displayed in the multiline:

Pay Element Code	The code identifying the pay element.
Classification	The pay element classification of the selected pay element.
Description	The description for the entered pay element code.
Value	The value that is payable to the employees of the grade against the specific pay element.
Amount/Percentage/Rule	The system displays any one of the following options: Amount – Indicates the pay element value will be defined as amount. Percentage – Indicates the pay element value will be defined as percentage. Rule – Indicates the pay element value will be computed based on the specific value.
Derived Type	The system displays any one of the following derived types if the pay element is defined as percentage: Pay Element – Indicates the pay element amount is derived as a percentage of a specific pay element. CTC – Indicates the pay element is derived based on the CTC. Accumulator – Indicates the pay element amount is derived based on the accumulator.
Derived Type Code	The code of the pay element or accumulator depending on the selection of the Derived Type.
Rule	The rule applicable for computing the pay element amount, if you have selected the option “Rule” from the ‘Amount/Percentage/Rule’ drop-down list.
Periodicity	The frequency or the periodicity at which the amount will be paid against the pay element.
Conversion Factor	Converts multiline periodicity into header periodicity; this will be the case when both the periodicities are different. In case of same periodicity the conversion factor will be defaulted to 1. Note: You are allowed to edit this field.
Variable at Employee Level	The system displays any one of the following options: Yes – Indicates that a different value for the pay element can be specified in the “Record Employee Salary Details” activity (Compensation component) for employees. No – Indicates the contrary.
Flexi-Benefit	The system displays either “Yes” or “No” to indicate whether the pay element amount is fixed or variable at employee level.
Option	The system displays either “Yes” or “No” to indicate whether the employee in the grade can opt for the selected pay element or not.
Mutually Exclusive	The elements which are mutually exclusive to the element for which information is recorded. These are comma separated pay element codes.
Minimum	The minimum value to the variable element.
Maximum	The maximum value to the variable element.
Enumeration	The enumerated values for elements which are variable at employee level.
User Guidance	Gives user the assistance to enter the values for variable elements in My Flexi options screen.
Sequence No.	The sequence number of the pay element for computation.
Computed Value	The system displays the computed value.
Remarks	Remarks or feedback, if any.
Proration Applicable	Indicates whether proration is applicable for the selected pay element.
LOP	The system displays either “Yes” or “No” to indicate whether Loss of Pay (LOP) is applicable for the pay element or not.
Grace Period	The minimum number of grace period units for which LOP can be availed against the pay element.
Grace Period Units	The units of grace period specified.

The following details are displayed in the footer:

Computed Compensation	The computed compensation amount of the employee.
Computed Flexi-Benefit	The computed flexi benefit amount of the employee.
Min. Compensation	The minimum compensation eligible for the employee.
Max. Compensation	The maximum compensation eligible for the employee.