Salary Planning Date Adjustments

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Salary Planning Date Adjustments

The Executive Compensation Assessor reports the most recently available data.  When you set the Salary Planning Date back in time, the application trends the most recent data to the selected date.  It does not pull data from a historical database.

 

To Change the Salary Planning Date

1.From any main table, click on the date in the Salary Planning Date field and a monthly calendar displays.

2.Click on the right or left arrow at the top of the calendar to move from month to month OR use the drop-down menu next to the month field.

3.Select the year using the drop-down menu next to the year.

4.Click on a particular day to select a new date.

5.Click the Default button to set the planning date to the current date.

 

To Change the Annualized Salary Trend

1.From any main table, click the Adjust button below the Annualized Salary Trend field to open the Change Annual Salary Trend dialog.

2.Click on a cell in the Rate column and type in the new percentage. Any adjusted percentages will be shown in red font.

3.Click OK to return to the main table.  

 

Note: When any of the top six executive titles is chosen, the default Annualized Salary Trend is not used to trend the data forward or backward; the application uses actual public data to trend it.  In this case, the Annualized Salary Trend in Organization Data will display "data driven," and the Adjust button will not appear below the Annualized Salary Trend field

 

To Restore Default Rates

1.From any main table, click the Adjust button below the Annualized Salary Trend field to open the Change Annual Salary Trend dialog.

2.Click on a cell in the Rate column and type in the new percentage. Any adjusted percentages will be shown in red font.

3.Click the Default Values button to restore the defaults rates.

4.Click OK to return to the main table.  

 

Note:  The Adjusted Rate (a prorated salary trend) cannot be changed directly and will always be a fraction of the Rate (the annualized salary trend) based on the salary planning date.  For example, if the Salary Planning Date chosen is 11 months into the future, then the Adjusted Rate will be approximately 11/12ths of the Rate.

 

 

See Individual Profile Background - Salary Planning Date for more information.