2078224 - Plan Setup - Create new plan & Edit plan settings - Variable Pay

SAP Knowledge Base Article - Public

2078224 - Plan Setup - Create new plan & Edit plan settings - Variable Pay

Symptom

  • Use this page to load new form templates into the system.
     
  • Create/Edit a program and set up global rules.

 

Environment

  • Variable Pay

Resolution

  • Admin Tools > Compensation > Compensation Home > Add new variable pay plan

    Define the program details.

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What are the benefits of this feature?

  • Enables the admin to create a new program without needing a paid professional services engagement.

 

Settings

        Values on this page are: Create/Edit a program and set up global rules.

  • Program Name: - Tip never use special characters in your program names. Always use a unique name.
     
  • Program ID: non-editable system generated value
     
  • Bonus Start Date: enter date, cannot be empty
     
  • Bonus End Date: enter date, cannot be empty
     
  • Display program dates instead of outlying assignment dates: Yes   No
     
  • Apply Proration at the end of section calculation: Yes   No
     
  • Apply Bonus Plan Multiplier for section calculation: Yes   No
     
  • Apply Single Multiplier for section calculation:
     
  • Multiplier Value: numerical value.
     
  • Display Assignment Records in Manager Form: ascending   descending
     
  • Show Single Multiplier Value:
     
  • Enable Live Analytics: recommended
     
  • Freeze Column(s) for Scrolling: recommended you check this
     
  • Compensation Hierarchy:
    • MANAGER
    • COMP_MANAGER (recommended configuration)
       
  • Currency Views Availability:
    • Functional
    • Planner
    • User
    • Any Currency
       
  • Conversion Rate Table: select correct one for this new plan. more info..
  • Configure basis amount as:
    • Imported column from employee history data file  
    • Custom formula
      (formula can contain only the fields defined in employee history file)
       
  • Apply gates for business goals: Yes   No
     
  • Apply accelerators for business goals:  Yes   No
     
  • Apply proration rounding:
    • Start Date <= of the month, then round up to the beginning of the current month
    • (if the start date is greater than the day of the month specified, then the start date will be prorated to the beginning of the next month)
    • End Date >= of the month, then round up to the end of the current month
    • (if the end date is less than the day of the month specified, then the end date will be prorated to the end of the previous month)
       
  • Employee Central as Employee History Data Source: Yes   No
     
  • Manager Instruction: enter message
     
  • Legal Notice: enter message

 

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Launching Forms/Worksheets

Keywords

KBA , sf varpay plan setup , sf varpay cycle preperation , LOD-SF-CMP-VAR , Compensation Integration Issues with Variable Pay , How To

Product

SAP SuccessFactors HCM Core all versions

Attachments

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