Manager Topic

Compensation Plan - Budget Summary Graph Overview

The Budget Summary graph appears below the Plan Details table on Compensation Plan template and summary pages. This graph displays allocations, budgets, and remaining available allocations for each component that is configured to display. The graph is updated dynamically as the compensation plan is edited. If all components are hidden from the Budget Summary graph, then the entire Budget Summary graph is hidden.

The Budget Summary graph only appears for compensation planning tasks.

Currency

From the drop-down, select the currency in which currency amounts should be displayed in the Budget Summary and Comp Analytics graphs. If only one currency is available, then the currency is displayed as text and cannot be modified. Currency conversions are based upon the conversion rate at the time the compensation task was launched. The following currencies may be available:

  • Corporate Currency
  • Compensation Manager's Currency - This option is selected by default.
  • Currency of any eligible employee in the compensation plan

Note: The Currency drop-down is hidden on the Equity tab if all equity components are granted in Shares instead of Awards.

Graph Data

Each component that is visible in the compensation template appears in the graph in the following order:

  • Base Tab:
    • Merit Increase
    • Custom base components that are included in the Base salary in alphabetical order
    • Custom base components that are not included in the Base salary in alphabetical order
  • Bonus Tab:
    • Bonus
    • Custom bonus components in alphabetical order
    • Custom bonus target components in alphabetical order
  • Equity Tab:
    • Equity components in alphabetical order
    • Equity target components in alphabetical order
  • Summary Tab:
    • Base components that are included in the Base Salary in alphabetical order
    • Base components that are not included in the Base Salary in alphabetical order
    • Bonus components in alphabetical order
    • Equity components in alphabetical order

The Budget Summary graph displays the following information for each component:

  • Component Name
  • Average Increase (Base Components Only) - See Compensation Plan - Budget Summary Graph - Average Merit Increase Display.
  • Expand/Collapse - If a component has multiple budgets, an Expand icon or a Collapse icon appears to the right of the component name. Compensation managers can expand a component to view the allocations and budgets for each OU specific component budget. By default, all components are collapsed, displaying only the overall component allocation and budget. See the Component with Multiple Budgets section below for additional information.
  • Graph - The bar graph represents the component allocations with relation to the component budget. The allocation percentages are also displayed at the bottom of the graph.
    • If the allocations are less than the budget, then the row is green.
    • If the allocations exceed the budget, then the row is red.
  • Allocation/Budget - To the right of the graph, the exact component allocation and budget values are displayed.
    • If the allocations are less than the budget, then the allocation value appears green.
    • If the allocations exceed the budget, then the allocation value appears red.
  • Amount Over/Under Budget - To the right of the allocations and budget values, the amount by which the allocations are over or under the budget is displayed.
    • If the allocations are less than the budget, then the amount remaining for allocation appears gray.
    • If the allocations exceed the budget, then the amount by which the budget is exceeded appears red and an Error icon is displayed.
    • If a component contains an OU specific component that is over budget, then the overall component and the OU specific component appear as over budget. However, the overage amount only appears for the OU specific component.

Component with Multiple Budgets

If a component has multiple budgets, an Expand icon or a Collapse icon appears to the right of the component name. Compensation managers can expand a component to view the allocations and budgets for each OU specific component budget. By default, all components are collapsed, displaying only the overall component allocation and budget.

Component with Multiple Budgets - Collapsed

When a component with multiple budgets is collapsed, the overall budget summary for the component is displayed. This represents the sum of the allocations and budgets from the OU specific component budgets. If an OU specific component does not have a budget, then the allocation amount for the OU specific component is used as the budget.

Component with Multiple Budgets - Expanded

When a component with multiple budgets is expanded, the budget summary is displayed for each OU specific component budget.

  • An OU specific component only appears in the graph if there are eligible employees in the compensation plan who apply to the OU specific component budget.
  • If an OU specific component does not have a budget, then the budget for the OU specific component is represented by dash marks (i.e., "---").

Component with Multiple Budgets - Filter

When a component with multiple budgets is expanded, compensation managers can click the name of an OU specific component budget to filter the current tab of the compensation plan by the selected component budget. When a tab is filtered by an OU specific component budget, the following occurs:

  • The selected OU specific component budget filter is displayed at the top of the compensation plan tab. To remove the filter, click the X icon to the right of the filter details.
  • The Budget Summary graph and the Plan Details table are filtered by the selected OU specific component budget. Only users who apply to the selected budget OU appear in the Plan Details table.
  • The Budget Summary graph only displays information for the selected OU specific component and the associated overall component (e.g., Merit Increase - Australia budget and Merit Increase - Overall budget).
  • Note: The OU specific component budget filter only applies to the current tab. Other tabs within the compensation plan are unaffected. Also, the compensation manager cannot filter the compensation plan when an employee in the compensation plan has been allocated over the threshold that was set in Adjustment Guidelines. The employee line item appears in red when this occurs.

Contents

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Last Published: 9/10/2021 If you have feedback or suggestions for an Online Help article, please select this link. © 2021, Cornerstone OnDemand