Redistribute Budget
Explanation
This activity is used to Redistribute Budget in the Root Level page of Salary Review Plan. The new salary
budget can be redistributed using 3 Budget Redistribution Types:
- Total Budget - Change the toal budget for the review is period. Total Budget = Salary Increment +
Current Salary.
- Increment Percentage or Amount - Enter either the new Increment percentage from which the salary should be
increased or the new Salary Increment Amount. When either is entered the other field will be filled.
- Equal Increment Amount for All Employees - Enter the new equal increment amount / flat increment amount that
should be circulated among all the employees.
When the budget is redistributed the Proposed Increment Amount, Proposed Increment Percentage and New Salary
Budget will be updated. Susequently the Employee List relevant fields will also get updated for the employees with
a Current Salary (whose current salary is greater than 0).
Prerequisites
- A Salary Review Plan should be created.
System Effects
- The current salary review amounts will get updated.
- Employee salary fields will get updated.