Compensation

Compensation Plans

• The Salary Plan is used to associate eligible salaried workers with the appropriate base salary elements.
• The Hourly Plan is used to associate eligible hourly workers with the appropriate hourly rate amount.
• Allowances are used for additional compensation paid on a regular basis.
• Period Activity Pay is used to pay workers for fixed-term activities and payment arrangements.
• One-Time Payments are used to give a worker a one-time lump sum payment.

Tasks

• Manage Period Activity Pay – This task allows HR and managers (when applicable) to pay employees for fixed-term activities and payment agreements.
• Request Compensation Change – This task allows HR to request a standalone compensation change and can be used to increase/decrease base pay as well as to add/change/remove an allowance. 
• Request One-Time Payment – This task allows HR to request a standalone one-time lump sum payment for a specific circumstance or activity.