Compensation & Variable pay: Customized Combined statement templates.

[CharishmaGowda]

Creating a New Compensation Statement Templates:

Compensation Statements allow you to communicate the results of the Compensation Planning process to your employees and/or managers.

There are different types of Statement templates - Personal Compensation Statement templates, Personal Variable pay Statement templates and Combined statement templates.

As per the customer requirements you can use personal or combined statement templates either from the Success Store or by customizing the templates as needed.

Combined Statements: Combining two or more compensation plans and/or variable pay plans results into one combined statement.

You can configure the combined statements from the Success Store or through uploading the customized statements from an Import file.

In this blog you will see few of snippets like customizing Company logo, Statement title, Signatures, and all the steps from Importing - generating a statement.

<xsl:variable name="companyLogoURL">

   <xsl:text disable-output-escaping="yes">

	<![CDATA[https://static.wixstatic.com/media/d4bfcb_4250234ace144c5499d575c6e733e6ca~mv2.png/v1/fill/w_351,h_42,al_c,usm_0.66_1.00_0.01/SAP_SuccessFactors%20logo.png]]>

   </xsl:text>

</xsl:variable>

 

<div id="statementContainer">

 <table id="content" width="100%">

   <tr>

     <td>

	<img src="{$companyLogoURL}" alt="Success Factors"/> 

     </td>

   </tr>

 

Defining and adding Company logo

<!-- title with borderline -->

  <tr>

   <td colspan="3" class="borderBottom1"> 

    <xsl:text disable-output-escaping="yes">

     <![CDATA[<h1 style="font-size: 13px;"><font size="2">Customized Combined Compensation-statement</font></h1>]]>

    </xsl:text>

   </td>

  </tr>

 

Adding Statement title

<div>

 <xsl:text disable-output-escaping="yes">

  <tr>

   <td width="200" valign="bottom"> <!--Signature-->

    <xsl:text disable-output-escaping="yes">

    <![CDATA[<p class="western" style="margin: 0px 0px 0cm; padding: 0cm; color: rgb(0, 0, 0); font-family: &quot;72&quot;, Helvetica, Arial, sans-serif; font-size: 14px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(255, 255, 255); text-decoration-style: initial; text-decoration-color: initial; border: none;" align="LEFT"><img height="30px" src="data:image/png;base64,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"></p>]]>

    </xsl:text>

   </td>									

  </tr>

  <tr>

   <td width="200" valign="top"> <!--Name-->

    <xsl:text disable-output-escaping="yes">

    <![CDATA[<p class="western" style="margin: 0px 0px 0cm; padding: 0cm; color: rgb(0, 0, 0); font-family: &quot;72&quot;, Helvetica, Arial, sans-serif; font-size: 14px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(255, 255, 255); text-decoration-style: initial; text-decoration-color: initial; border: none;" align="LEFT"><font color="#000000"><font face="Arial, sans-serif"><font style="font-size: 9pt;"><b> Name </b></font></font></font></p>]]>

    </xsl:text>

   </td>								

  </tr>

  <tr>

   <td width="200" valign="top"> <!--Designation-->

    <xsl:text disable-output-escaping="yes">

    <![CDATA[<p class="western" style="margin: 0px 0px 0cm; padding: 0cm; color: rgb(0, 0, 0); font-family: &quot;72&quot;, Helvetica, Arial, sans-serif; font-size: 14px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(255, 255, 255); text-decoration-style: initial; text-decoration-color: initial; border: none;" align="LEFT"><font size="1"><font face="Arial, sans-serif"> Designation </font></font></p>]]>

    </xsl:text>

   </td>								

  </tr>

 </xsl:text>	

</div>

Adding Signature/Name

 

Sample statement

 

How to import the Customized Combined statement templates?

1. Navigate to Statement templates, Actions for all --> Manage Statement Templates --> Add/Edit Statement Templates


2. Then, Add Template --> From an Import file.


3. Give Name and Description for the template and select the Template type as ‘Combined Statement Template’.


4. Choose the file to Import (Xml template - customized as per the requirements).


5. Click Preview and check for errors if any.


6. Import the file.

Add Template

Import statement Template.

How to add the Statement templates to Salary plan?

1. Compensation home --> Select the Salary plans that you want to generate the statements for -->Go to Complete Compensation cycle.


2. Rewards Statements --> Manage Statement templates --> Select Plans (Select the required salary/variable pay plans for the combined statement template from here) --> Select templates (Select the statement template which you have imported)


3. You can make the template as default, or you can also assign to required statement group by clicking the select group dropdown.


4. Click Save.

Select template and plans.

How to Create the Statement groups?

Organizations create multiple groups so that they can have different statements for different parts of their organization.

1. Actions for all --> Group Assignments --> Manage Compensation groups --> Manage Statement Assignment Groups --> Create New Group


2. Give the Group name, include/exclude the people as per the categories available.


3. Click finished after updating the required categories, the group will be created.

Statement Assignment group.

 

How to Generate the E-statements?

1. Compensation home --> Select the Plan --> Complete Compensation cycle.


2. Rewards Statements --> Generate Statement.

You can generate statements by:

• Selecting a Statement template. (Select the required statement template from the dropdown --> Generate)


• Selecting an employee name. (Enter Employee name --> validate & add --> Generate)


• Selecting a list of usernames. (Enter comma-separated list of the usernames --> validate & add --> Generate)

Generate statements.

Conclusion:

The statements give employers the ability to outline each employee’s complete financial and non-wage compensation in one clear document. The process of generating Compensation statements can seem daunting at first, but with the right tools and a clear understanding of the steps involved, it becomes a manageable and highly beneficial task for organizations and HR professionals.

Through this blog, I've outlined all the essential steps to generate Customized Combined statements. By following these steps diligently, you can generate a Statement that provide employees with a transparent view of their total compensation package. Your thoughts and feedback on this topic are highly appreciated. Please feel free to leave a comment below to share your insights and suggestions.

Thank you!