Description of Fields on the Compensation Item Page

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