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4. Part 1- Job Pricing
Budgeting is to make sure that we are within the bounds of what an organization can afford. The objective of this chapter is to help in funding a compensation plan, creating a budget structure,...
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5- Defining Compensation Programs
Compensation programs are a group of compensation plans that an employee is eligible based on the employee groupings by the company. In essence, the use of compensation program is another way that ECM...
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6- Eligibility Design
From each according to his ability, to each according to his needs!- Karl Marx Defining and configuring eligibility is one of the core requirements of any compensation plan. If the eligibility is not...
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7- Guidelines Setup
Guidelines help in achieving fair distribution of available resources, providing managers with boundary conditions and ensuring that the whole organization is in alignment In this chapter we will...
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15- Appendix
Important information you might need. The objective of this chapter is provide theOSSnotes that are very important along with the entries for important resource websites. Introduce BPX community. 15.1...
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8- Awarding Employees
Awarding the employees for their hard work and efforts is very important. The objective of this chapter to cover the process of awarding employees eligible for compensation plans. We will explore the 2...
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9- The Compensation Infotypes
All the things that make up ECM on the SAP R/3 In this chapter, we will cover all the infotype and objects that are relevant to ECM. This will give us an understanding of what are the elements to look...
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10- Managing Year-End Annual Merit and Bonus Cycle
Annual review is one of the anticipated activities for the employee to review the work done, plan for the future and reward for the present The objective of this chapter is to work the details around...
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11- How to manage Year-Round Basic Pay increase
There are changes to compensation an employee receives round the year. Manage year-round basic pay increase with the same rigor and process that goes with year-end processes. The objective of this...
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12- Managing Year-Round Off cycle Bonus
Employees are compensated year round over and above their normal remuneration as a token for their work, as a motivation, as a compliment for their achievement, etc… In this chapter, we will see how...
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