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Bonus Plan Calculation Breakdown
Summary
Bonus Plan Calculation BreakdownContent
We have a requirement for a report showing a breakdown of the calculation of Bonus Awards.
These are calculations are done in Bonus Plan worksheet columns via Fast Formula & DFFs (target percent, organization %, etc). Managers should access the report for their direct & indirect reports during the planning period & also after cycle is closed.
The values within the breakdown will need to match the values within the compensation worksheet and not be dynamically impacted with retroactive changes once the cycle is closed. The requirement is the report is consistent with whatever was calculated prior to the comp cycle closing, regardless of any retroactive changes.
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