The Salary Review Plan page consists of four main sections (Visually)
Selector
Indicates the selected salary review
plan and allows you to navigate the graphical org structure and view budgets
allocated for the individual org units and its subordinates.
Important
- When navigating to the Salary
review plan page, the selector will by default have the “Show only Current
Results” Toggle Activated. This Means it is filtering all the active Salary
Review Plans.
Any salary review plan with the
status “Obsolete” or “Salaries Updated” will not be displayed the first
time.
As you expand the Organization
Structure and click on a unit, you will notice the right view changes.
It will display three sections
Organization
Organization section will provide a
summery of the organization unit selected from the organization
structure. This summery will include information from any organization
unit under the selected organization unit as well.
Example - If Finance Department is
selected and if Tax Division and Petty Cash Division are organization
units under the Finance Department the summery of the Finance department
will include information of both Tax and Petty Cash Divisions.
This Summery will indicate the
headcount considered for the salary review, Current salary total,
Proposed Increment details and if there is any balance for this
department or for its reporting organization units.
Balance
A Balance can be both
Negative and Positive, when generating the plan, the HCM Professional
will key in a common increment %, this will be allocated to all
employees. However, the HCM Professional can make changes to what is
generated.
Example – Both HR and Finance
Departments has a total salary budget of 1000, and the proposed
increment percentage is 10%. This means each department will get an
increment budget of 100 (Both HR and Finance can distribute the 100
among their employees).
However, it was decided that Finance
will get a 15% Increment while HR will only get 5%.
In this case the HCM Professional will
Edit the Finance Department Organization Unit from the Organization
Units list and change the Proposed Increment Value as 15%.
This will then change Finance
Departments Proposed Increment from 100 to 150.
Which means the Finance department is
using 50 more than what was allocated resulting in a budget deficit.
This Budget deficit will show as -50 in the balance field.
Additional Info on Balance
According to above example as HR is
getting lesser than what was planned, HR will have a Positive Balance
which can be then transferred to the Finance department.
Organization
Units
Kindly Refer the Activity Organization
Units for further information.
Employees
Kindly Refer the Activity Organization Units for further information.
General
Information Tab
The General Information Tab
Highlights the summery of the Salary
review plan. This Summery will change based on the changes an HCM
Professional would do in a salary review plan.
Approval Information Tab
Approval Information Tab
Highlights the status of the approval
for the salary review plan. Once an approval flow is in progress, no changes
can be done to the respective salary review plan.
Employees Section
Employees Section
List will list all the employees both
excluded from the salary review and included in salary review for further
processing. There are a number of functionalities with the employee list
which is explained in the Manage Employee Salary Proposals Scenario.
A Salary Plan is Created
N/A