Changing Budget Raise Percentage
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Changing Budget Raise Percentage

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Article Summary

Managing employee compensation and budgeting is crucial in workforce planning. This article provides detailed instructions on how to adjust the budget raise percentage for employees at the individual employee level or for an entire employee type using Workforce Planning.

Adjusting the budget raise percentage for an employee can be done in different ways. Here's how:

To adjust the budget raise percentage for a single employee, changes must be made at the employee level. Follow the steps below.

  1. Navigate to Maintenance > Admin > Security Administration.
  2. Under the Tenant Security Settings section, ensure Employee Level is selected for the Enable Employee Review % option.

From Workforce Planning Setup:

  1. Navigate to Maintenance > WFP > Workforce Planning Setup.
  2. On the Employees tab, select the scenario: default or any other desired scenario and the appropriate Budget Entity.
  3. Click on the Employee Number you wish to modify to access their record.
    Note:

    Changes made to employee records in the Default Scenario won't impact working scenarios.

From Planning Control Panel (PCP):

  1. Navigate to the Planning Control Panel (PCP) and choose the desired scenario.
  2. Under the Budget Entity, select a Workforce template in Input mode.
  3. Click on the Employee Number you wish to modify to access their record.

Now, for updating percentages within the Position Info. tab (applicable to both Workforce Planning Setup and PCP):

  1. Select your preferred Budget Review option.
  2. Enter a percentage or an amount in the Budget Raise Percent/Amount field.

  3. Save your changes.

To update the raise percentage for an entire Employee Type, do the following: 

  1. Navigate to Maintenance > Admin > Security Administration.

  2. Under the Tenant Security Settings section, confirm that Employee Type Level is selected for Enable Employee Review %.

  3. Go to Maintenance > WFP > Workforce Planning Setup and select the Employee Types tab. 
  4. Choose the desired scenario from the drop-down. 
  5. Click Review Setup.

  6. Select an Employee Type and provide details in the following fields: 
    • Current Raise Percent: Enter the current raise percent. 
    • Review Type: Select any of the following:
      • Select Single to update a single raise percentage for the employee type,  and enter the percentage in the Raise Percent field.

      •  Select Multiple to update multiple percentages for various dates, and enter Date and Percentage (%) in the Raises section. You can add and delete multiple review percentages using the plus and delete icons.

  7. Click Save to apply the changes.

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