Compensation Plan Template - Create

To create a compensation plan template, go to Admin > Tools > Compensation Management > Compensation Templates. Then, click the Create Compensation Template link.

  1. In the Name field, enter a name for the compensation template. This should describe the purpose of the template so that it is easily identified.
  2. From the Type drop-down, select the type of template you are creating. The options include:
    • Base Types (Merit Increase, Market Adjustment, Cost of Living Adjustment (COLA), Promotion, Custom Base Types)
    • Bonus Types (Performance Bonus, Spot Bonus, Custom Bonus Types)
    • Equity Types (RSA, ISO, NQO, LTI Award)
  3. The Currency value displays the currency for the template.