Description of Fields on the Compensation Item Page
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Description of Fields on the Compensation Item Page
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Access the Compensation Items page by navigating to Maintenance > WFP > Workforce Planning and click the Compensation Items tab.
Add - Add a compensation item on the Add Compensation Item page. Each compensation item is mapped to a leaf level member from the account segment and is calculated according to the basis. The Calculation Item is derived from a set of pre-built formulas for dynamically calculating the compensation amounts for each employee based on parameters you enter.
Scenario - Select a Scenario to view associated compensation group, item, code and basis information.
Compensation Item Code - The unique identifier assigned to the Compensation Item.
Compensation Item Name - Compensation Item name.
Compensation Group - Groups categorize compensation items for reporting purposes. Compensation Groups are setup using the Compensation Groups page.
Basis - Compensation Basis is used to calculate compensation amounts to a designated account. See Compensation Basis Examples
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