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.

PERMISSION NAME PERMISSION DESCRIPTION CATEGORY
Compensation Plan Templates Grants ability to create and manage compensation plan templates for base, bonus, and equity compensation. This permission cannot be constrained. This is an administrator permission. Compensation - Administration
  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.