We are on EC and using Success Factors Compensation module. We are testing to see if we can set up up a plan that will calculate and allocate budgets based on a group and to see if we can have different groups with different allocations. For example, we are looking to use budget based on a PercentOfCurSal based on group, where one group would have a budget of 2.5% and another group would have a budget of 3%. Has anyone ever done this kind of of set up?
This is leading practice configuration.
Budget is based on percentOfCustomField where the custom column/field referenced in the budget set up has in its formula a reference to a lookup table which uses different attributes (for example : Country and city) to assign a different budget % to each employee's which is then multiplied by the employee's current salary to make up an individual budget envelope, the sum of which makes up the worksheet's budget.
Step 1 : create the lookup table :
Step 2 : Add the column in Design Worksheet :
Step 3 : Create the budget :
Budget configuration :
More on this topic here :
All the best