Salary Review Plan Approval

Explanation

The salary review and planning process has two main approval flows.

This activity covers the approval of the salary review plan. Once the salary review plan Validated by the respective HCM Professionals of the organization, this plan can be Approved.

Approval.

Approvals will have steps and each step can be approved by one or one of many approvers. If there are more than one possible approver, the respective approver’s column will reflect all their person ID’s and Names with a separation.
As long as one of many (if this is the case) approvers approved a selected step, that step will be considered approved, and the approved person and date will be recorded.

Removing an Approval

An approval can be removed if the salary review plan’s status is not in “Plan Approved” state or any status post to this. When all the approvers in the approval steps complete their approval the salary review plan’s status changes as “Plan Approved”. Further if it is required to remove approval, the removal must take place in the descending order of the approval steps. (Please note if the final Approver has already approved you cannot remove approval).

Changes to the salary review plan.

No changes can be made to the salary review plan when the status is Plan Approval in Progress or any later status.

Prerequisites

Set the status of the Salary Review Plan to “Ready For Plan Approval”.

System Effects

Salary Review Plan is Approved.