Defining bonus/increment rates for group of employees
|
|
|
|
|
|
|
Select the “Define Bonus/Increment” link from the left pane.
The “Define Bonus/Increment” page appears.
Enter the following
|
Appraisal Setup Unit |
The drop-down list box displays the set of organization units in which the Appraisal Setup component is deployed. Tell me more. From the “Appraisal Setup Unit” drop-down list box, select the organization unit, where the bonus/increment rates has been defined. |
|
Date Format |
The date format that is applicable to the login user. |
|
Employment Unit |
From the “Employment Unit” drop-down list, select the organization unit that interacts with the Appraisal Setup Unit for which the performance bonus or increment rates must be defined. This organization unit must hold the Employment Information component |
|
Appraisal Type |
Select the appraisal type under which the performance bonus or increment rates must be defined. |
|
Appraisal Calendar Code |
Enter the code of the appraisal calendar for which the performance bonus or increment rates must be defined. Help Available |
|
Calendar Short Description |
If you select the appraisal calendar code through Help, the system will display the short description of the calendar. |
|
Bonus/Increment |
From the drop-down list box, indicate whether you are about to define the performance bonus rate or the salary increment rate for employee groups. Choose one of the following: “Performance Bonus” or “Salary Increment”. |
|
Payable Payroll |
If you choose “Performance Bonus”, select the payable payroll from the drop-down list box. If you choose “Salary Increment”, leave this field blank. |
|
Payable Process Period |
Enter the process period in which the payroll will be paid. The process period will depend on the payroll that you selected from the ‘Payable Payroll’ field The “Payable Process Period” field must be entered only if you choose “Performance Bonus”. Help Available |
Enter or edit the following, in the multiline, to specify the different groups of employees
|
Department Code |
Enter the code of the department for whose employees the performance bonus or increment rates must be defined. Help Available |
|
Department |
If you select the department code through Help, the system will display the department name. |
|
Grade Set Code |
Enter the code of the grade set, to indicate that the bonus or increment rate will be will be applicable to all employees in this grade set. Help Available |
|
Grade Set |
If you selected this grade set through Help, the system will display the description of the grade set. |
|
Grade Code |
Enter the code of the grade, to indicate that the bonus or increment rate will be will be applicable to all employees in this grade. Help Available |
|
Grade |
If you selected this grade through Help, the system will display the description of the grade. |
|
Job Family |
From the drop-down list box, select the job family, to indicate that the bonus or increment rate will be applicable to all employees holding this job. |
|
Service From |
Enter the start of the range of months, to indicate that the bonus or increment rate will be applicable to all employees whose service is between this range of months. For example, if you enter 10 in the “Service From” field, and 15 in the “Service To” field, it means that bonus or increment rate will be applicable for all employees who have completed between 10 to 15 months in the organization. |
|
Service To |
Enter the end of the range of months, to indicate that the bonus or increment rate will be applicable to all employees whose service is between this range of months |
|
Appraisal Rating Grade |
Select an appraisal rating grade from the drop-down list box, to indicate that the bonus or increment rate will be applicable to all employees who are given this rating grade during appraisal. For example, the drop-down list box may display the values “Poor”, “Good”, “Very Good”, and “Excellent”. If you choose “Very Good”, it indicates that the bonus or increment rate will be applicable to all employees given the appraisal rating grade “Very Good”. Help Available |
|
Appraisal Rating From |
The start of a range of ratings, to indicate that the bonus or increment rate will be applicable to all employees within this range of ratings. For example, if you enter 80.1 in the “Appraisal Rating From” field, and 85 in the “Appraisal Rating To” field, it means that bonus or increment rate will be applicable for all employees whose ratings during appraisal were within the range 80.1 to 985. |
|
Appraisal Rating To |
The end of a range of ratings, to indicate that the bonus or increment rate will be applicable to all employees within this range of ratings. |
Note: Ensure that the range of ratings you enter in the “Appraisal Rating From” and “Appraisal Rating To” fields will be within the limits of the rage of rates defined for appraisal rating grade you selected. Tell me more.
Enter either “Percentage On Basic Salary” or “Amount” in the multiline, to define the performance bonus rate or salary increment rate for each group of employees
|
Percentage On Basic Salary |
The percentage of the employee’s basic salary, which will be given as bonus or increment |
|
Amount |
A flat amount. |
|
Remarks |
Any remark pertaining to the performance bonus or increment rate for the employee group. |
Select the “Save” pushbutton.
To delete the performance bonus/increment rate details
Check the “Select” box contained in the multiline record that you want to delete.
Select the delete icon in the multiline bar, over the multiline.
The specific performance bonus or increment record is deleted for this group of employees.
To edit the performance bonus/increment rate details
Enter the Appraisal Setup Unit, Employment Unit, Appraisal Type and Appraisal Calendar for which the bonus or increment will be applicable.
From the “Bonus/Increment” drop-down list box, indicate whether you want to edit the bonus rate or increment rate for the employee groups
If you selected bonus, choose the “Payable Payroll” and “Process Period” for which the bonus rates have been defined.
Select the “Get Details” pushbutton.
The multiline will display the existing bonus or increment details for each group of employees.
Edit the required details in the multiline.
Select the “Save” pushbutton.
The system saves the details.
6 Hyperlinked topics below
Use this page to define the performance bonus/increment rates for specific groups of employees.
To define the performance bonus/increment rates details.
To edit the performance bonus/increment rates details
To delete the performance bonus/increment rates details.
When you group employees by “Appraisal Rating Grade”, “Appraisal Rating From”, and “Appraisal Rating To”
Ensure that that the range of rates you specify in the “Appraisal Rating From” and “Appraisal Rating To” field will conform to the rates applicable for the “Appraisal Rating Grade” you had selected.
For example, 80.1 to 90 could represent the grade “Very Good”, while 90.1 to 100 could represent the grade “Excellent”. If you choose “Very good” in the “Appraisal Rating Grade” field, you are to ensure that the range of rates must be within 80.1 to 90. If you were to choose 80.1 to 85, for instance, you will refer to all employees who were given the grade “Very Good” and whose ratings were within 80.1 to 85.