3 weeks ago - last edited 3 weeks ago
Hello everyone.
I am working on implementing the customer's requirements for bonus calculations and need clarification on the standard bonus fields. The customer has specified that no goals (business, team, or individual) should be used in the Variable Pay So I set the configuration as you can see below.
Bonus Plan:
I am trying to understand how the bonus fields are calculated and I have some question to understand:
Why do we have a proration of 2% and 98%? How are the target amount and the assignment basis calculated
Also, how the Amt field affects the final pay out field? Which standard fields should we use for this solution?
As for the Budget we use a custom field. It allocated when we change the Amt field. IS this one a correct way?
Is our client's requirement possible to be applied in the system?
Thank you in advance.
Request clarification before answering.
Hi @Olskar
It's hard to explain Variable Pay on so many levels but I'll give you some tips and links so you can understand on your own.
All the best
Xavier
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Hello @xavierlegarrec ! Thanks for your answer. So how you would advise to use the budget and see how is allocated on the final pay out?
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