Compensation Plan Template - Create
To create a compensation plan template, go to Create Compensation Template link.
. Then, click the
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 |
- 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.
- 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)
- The Currency value displays the currency for the template.