Merit Increases

<< Click to Display Table of Contents >>

Navigation:  Additional Salary Assessor Topics (Listed Alphabetically) > Compensation Management Background > Rewards >

Merit Increases

The Merit Increases sub-tab of Rewards allows you to control merit increases based on an employee’s performance, compa ratio, or market index.

 

To Add Merit Plans Manually

1.Navigate to the Rewards tab of Compensation Management.

2.Navigate to the Merit Increases sub-tab.

3.Select one of these plans:

General Plan

Compa Ratio Plan

Market Index Plan

4.Click the button.

5.Enter a name for this merit plan and click OK.

6.Click the Add Performance Level button to enter a row of data in the table.

 

To Import Merit Plans

1.Navigate to the Rewards tab of Compensation Management.

2.Navigate to the Merit Increases sub-tab.

3.Select one of these plans:

General Plan

Compa Ratio Plan

Market Index Plan

4.Click the button to download and save a .CSV file template.

5.Open the .CSV file template using a spreadsheet program like Microsoft Excel.

6.Enter a list of merit plan data.  Required columns are marked with an asterisk (*).

7.Once the list is complete, save the file in a .CSV (comma delimited) format.

8.Click the button.

9.In the Upload Merit modal, enter the name to be used to save this list.

10.Click Browse to select a file in the .CSV format and then click Open. Then click Upload.  

11.In the Upload list from file dialog, the rows that have been successfully imported are displayed.  If the .CSV file contains any errors, then a message will display the number of errors encountered during the import and will list the data needing review.

12.To export the results to Excel, click .  

13.In the Choose Export Preferences dialog, select one of more of these options to export:

Errors

Warnings

Successes

14.Click OK in the Choose Export Preferences dialog.

15.Click OK in the Upload list from file dialog.

 

To Share an Organization Profile

See My Organizations

 

To Rename a Merit Plan

1.Navigate to the Rewards tab of Compensation Management.

2.Navigate to the Merit Increases sub-tab.

3.Select one of these plans:

General Plan

Compa Ratio Plan

Market Index Plan

4.Click the button.

5.Enter a new name for the merit plan.

6.Click the OK button.

 

To Save a Copy of a Merit Plan

1.Navigate to the Rewards tab of Compensation Management.

2.Navigate to the Merit Increases sub-tab.

3.Select one of these plans:

General Plan

Compa Ratio Plan

Market Index Plan

4.Click the button.

5.Enter a new name for the merit plan copy.

6.Click the OK button.

 

To Delete a Merit Plan

1.Navigate to the Rewards tab of Compensation Management.

2.Navigate to the Merit Increases sub-tab.

3.Select one of these plans:

General Plan

Compa Ratio Plan

Market Index Plan

4.To delete a single row in the table, highlight a row of data in the table and click the button.

5.To delete all rows in the saved table, click the button.

6.To delete the saved table entirely, click the Delete button.

 

To View Charts and Graphs

Click the button.

 

To Create an Incentive Plan

See Incentive Plan

 

To Customize Discretionary Incentives

See Discretionary Incentives

 

To Customize Sales Incentives

See Sales Incentives

 

To Customize Benefits Plans

See Benefits Administration

 

To Customize Organization Data

See Compensation Management Settings

 

To Share an Organization Profile

See My Organizations