Set Rules and Process Defaults
Select “Set Rules and Process Defaults” activity under “Compensation Plan Setup”.
The “Set Rules and Process Defaults” page appears.
The following details are displayed in the header:
Plan Setup Unit |
The login OU is loaded here. Mandatory. |
Compensation Plan Period |
This combo is loaded with all plan period names created under the plan setup OU and with the status other than Draft. The latest plan period will be defaulted on launch. Mandatory. |
Employment Unit |
This combo is loaded with the applicable OU’s of the plan period defaulted/selected in the ‘Compensation Plan Period’ combo along with ‘All’ if more than one empin OU is available. Mandatory. |
Currency |
This field displays the base currency of the plan setup OU. |
Enter the following field details under “Copy From” section:
Note: Here you are allowed to copy details from existing plan periods.
Plan Period |
The ‘Plan Period’ combo is loaded with all plan period names created under the plan setup OU and whose status is other than draft. |
Employment Unit |
The ‘Employment Unit’ combo is listed with the applicable OU’s of the plan period defaulted / selected in the ‘Plan Period’ combo along with ‘All’ if more than one empin OU is available. |
Click ‘Copy’ to copy the details. All the details get copied from existing plan period.
Note: You are allowed to modify the copied details and save.
The “Set Rules and Process Defaults” screen consists of the following tabs:
This tab enables you to define the maximum levels of Gradeset – Grade combination in the organization which will be involved in budgeting and planning. Each Gradeset – Grade combination in the organization hierarchy will be mapped to a level.
Enter the following field details in the header:
Budget Level |
Enter the default level till which the employees will be allowed to set target. Mandatory. |
Plan Level |
Enter the default level till which the employees will be allowed to do planning. Mandatory. |
The following details are displayed under “Plan Level Details” multiline:
Level |
Select the level in the combo to which the Gradeset and Grade to be mapped. |
Grade Set |
This combo is loaded with all grade sets from the Grade Set Master created in the Unit Structure OU having interaction with the plan setup OU. The grade set and grade combination are loaded here. Select a gradeset – grade combination for each level. |
Grade |
On select of the Grade set, the applicable grade gets displayed here. |
This tab enables you to define the date to consider the last salary on, merit increase has to be paid on which pay component and pay element code, the pay component information to be referred to and additional pay components that can be included in the actual merit increase.
Enter the following field details in the header:
Consider Salary as On |
Enter the date on which the salary is to be considered for review planning. Mandatory. |
Merit Increase is On |
From the drop-down list box, select the salary type on which the merit increase can be applied. The system displays “Select” by default on launch of the page. Mandatory. |
Pickup This Value From |
From the drop-down list box, select the compensation screen from which the salary can be fetched. Mandatory. |
Pay Element Code |
If Basic Salary option is selected in the Merit Increase is on combo, then enter the pay element code on which the increase in merit can be made. Conditional Mandatory. Help facility available |
Annual Value Conversion |
From the drop-down list box, select “Not Required / value stored as annual value” or “Required” option as per requirement. |
Note: Merit Increase is On, Pickup This Value From and Annual Value Conversion combos should be loaded with the System QC’s.
The following details are displayed under “Additional Pay Components” multiline:
Pay Component Name |
The additional pay component name. It is listed with Discretionary Bonus, One-off Payment, Structured Bonus. |
Pay Element Code |
Enter the pay element code against which the Additional Payments will be made. Help facility available |
Description |
On selecting the pay element code from help, the corresponding description gets displayed. |
The “Appraisal” tab enables you to define where Pay Revision matrix to consider for Merit increase, the rating that needs to be used for pay revision process, the stage at which rating needs to be picked up for consideration of pay revision process, exceptions and exclusions related with appraisal rating.
Enter the following field details:
Pay Revision Matrix |
From the drop-down list box, select the required option from which the pay revision matrix can be fetched. |
Rating |
From the drop-down list box, select the type of rating. The system displays “Select” by default on launch of the page. |
Pickup Ratings |
From the drop-down list box, select the required option based on which the ratings can be picked up. |
Default Ratings, if RMS Rating is Unavailable |
Enter the default rating. Note: If the candidate does not fall into PMS calendar and rating is not defined then you can enter the default rating in this field which will be taken in the planning screen. |
Note: Pay Revision Matrix, Rating and Pickup Ratings should be loaded with System QC’s.
This tab enables you to define exception rules for Compensation Planning. It displays the list of various exception criteria and the employees who fall under these criteria are flagged as exceptions in the planning process.
Enter the following field details under “Exception Criteria” multiline:
Criteria |
This column displays the list of various exception criteria. Note: An employee will be flagged for exception when his Merit Increase % is greater than the range or value defined for his performance rating. |
Date / Value |
Enter either date or value for the exception parameters as applicable. |
Applicability |
Select the check box if the particular exception criteria is to be considered for the planning process. |
This tab lists various exclusion criteria for employees to be excluded from the plan period. It displays the list exclusion criteria and the employees satisfying these criteria will be excluded from the planning process.
Enter the following field details under “Exclusion Criteria” multiline:
Criteria |
This column displays the list of various exclusion criteria. |
Date / Value |
Enter either date or value for the exclusion parameters as applicable. |
Applicability |
Select the check box if the particular exception criteria is to be considered for the planning process. |
Click “Save” to save the details entered.
This tab enables you to define any user defined caption as compared to system defined default caption in the multiline of Planning screen. The column visibility can be selected for Detail view, Compact view, Summary and Report screens.
The following details are displayed under Caption Details multiline:
Default Caption |
The default caption to appear in the screen. |
Display Column Caption as |
In this field, you are allowed to edit the caption which is displayed as default caption as per requirement. |
Planning-Detail View |
Select the checkbox, if you want the particular column to be visible in the Planning screen – Detail view. |
Planning-Compact View |
Select the checkbox, if you want the particular column to be visible in the Planning screen – Compact view. |
Summary Screen |
Select the check box if you want the particular column to be visible in the Summary screen.. |
Report Screen |
Select the check box if you want the particular column to be visible in the Report screen. |
This tab enables you to define guidelines to perform planning activities. These guidelines can be referred in the planning screen by planners.
Enter the following field details:
Guideline Attachment |
The guideline document can be attached.
The name of the excel file is displayed is this field. |
Guideline Comments |
The guideline text can be entered. |
This tab enables you to define various other planning parameters based on which the entire planning process works.
Enter the following field details under “Planning Parameters” multiline:
Parameter |
All
the parameters with respect to the plan period are listed |
Date |
Enter either date or value for the parameters as applicable. |
Applicable |
Select the check box if the particular parameter is to be considered for the planning process |
Click “Save” to save the details entered.