CWB PPT 2
Transcript of CWB PPT 2
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Compensation Workbench
Sample setup of Combination Plan
Swetha Bollineni
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This includes..
Used Vision Corporation Business Group, and Vision corporation data.
Date Tracked to 01-Jan-2007 for setup
Create a Plan - Test Combination Plan
Create 2 OptionsTest Salary Increase, Test Bonus
Create Standard Rates at Option Level
Create recommended amount for Option 1 Allocate Compensation, Rate Performance, Assignment change,
Employees UsedStock Ms. Pat acted as Super User, distributed budgetfor John Mr. Patt also.
Allocated compensation, rate performance and assignment change forFranklin, Mrs. Alicia
Used Participation process and Post Participation Process
Records of Franklin, Mrs. Alicia1569
Check the Navigation and notes in Note area.
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Create Life-Event
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Define Plan Period
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Create Plan Type
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Define Derived Factor
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Create Option 1Test Salary Increase
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Create Option 2Test Bonus
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Create a Plan
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Check eligibility factor
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Not a Program
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Add periods for Plan
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Define Tasks
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Add Plan Eligibility
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Define Plan Enrollment
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General
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Coverage
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Rates
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Hierarchy
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Budget
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Performance
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Miscellaneous
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Calculation method
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Distribution BudgetOption 1
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Calculation method
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Worksheet AmountOption 1
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Calculation method
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Option 1Worksheet Amount Processing Information
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Worksheet Budget for Option 2
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Calculation method
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Distribution BudgetOption 2
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Calculation method
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Worksheet AmountOption 2
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Calculation method
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Option 2Worksheet Amount Processing Information
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Eligible salaryOption 2
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Calculation method
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Eligible salaryOption 1
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Calculation method
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Recommended/Target amount for Option 1
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Calculation method
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Run CWB Participation process
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Login to Super user
HR Professional V4.0 Responsibility
Eg: Vision Corporation(PSTOCK, welcome)
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CWB Home page
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To get access for Set Budget TaskClick on Employee Administration Link
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1. Set Budget Task
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Select Budgeting Method
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Budget Summary Table
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Budget worksheet
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Confirmation..
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2. Allocate Compensation
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Option 1 Amount
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Option 2 Amount
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3. Rate Performance Task
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4. Assignment Change task
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Review and Submit Task
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6. Approval
Run Post Process For Specific Employee
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Run Post Process For Specific Employee
Eg: Franklin, Mrs. AliciaEmp Id - 1569
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View Result
Query the Record of Franklin Mrs Alicia whose
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Query the Record of Franklin, Mrs. Alicia whose
Employee Id - 1569
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Salary Administration
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Date Track
Salary Administration with new salary from 01-Feb-
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Salary Administration with new salary from 01-Feb-
2008
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Element Entry
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Element Entry valuesRegular salary
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Element Entry valuesBonus
Date Track to next pay period to check bonus element
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Date Track to next pay period to check bonus element
in element entry
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Run Close enrollment process to close theplan