How to Input Data Using the Direct Data Input Compensation Item?
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How to Input Data Using the Direct Data Input Compensation Item?
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There are two ways to input data using the Direct Data Input compensation item type:
- Manually go into each employee in the template and put in the values in the I/P Comp Item tab. Examples include ex-pat packages, executive bonuses for a small executive team, or bonuses/gifts in the employee’s birthday month.
- If you have a number of employees that you need direct data input for, you can do a data load instead of loading directly into the template. This is a Workforce Planning - Employee Compensation Items Data Load Rule. This is useful for items that cannot be calculated inside of Workforce Planning and are calculated outside of Planful. Examples include stock options, stock/restricted stock compensation, executive bonuses for a large team, sales commissions, and 401K costs.
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