What's the best way to administer a mass % bonus increase? — Cloud Customer Connect
You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

What's the best way to administer a mass % bonus increase?

We've been asked to configure the capability to mass administer a percentage bonus increase across our workforce.

What would be the best way to set this up in HCM?

1. One-Time Workforce Compensation Bonus Plan? How would we set this up to configure a bonus % of the employee's current base salary, but not modify their current base salary?

2. Utilize payroll elements. We already have a Spot Bonus payroll element configured to use via the Individual Compensation Plans task. It's configured for an Amount right now, so we could leave that as is, manually configure the % in excel and create an HSDL mass upload. Or modify the payroll element to allow for a % and then perform the HSDL? I have yet to figure out how to add a Percent Input Value nor do we know what the business object would be for the HSDL.

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!