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