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Automation of Bonus Calculation in Compensation Plan

edited Sep 5, 2020 12:17AM in Compensation 5 comments

Summary

Automation of Bonus Calculation in Compensation Plan

Content

Dear All,

Need some inputs on this.

We have automated Bonus calculation using a prorated number of changes for each assignment record.

If an employee has five assignment changes within a plan year, our current formula will loop through all these changes and calculate the amount for each block of date in our fast formula using effective dates and setting effective_date context.

This works fine as long as the employee is in a single legal entity.

This does not work the moment an employee is transferred from one legal entity to another legal entity. In such cases, it is a different work relationship and different employee assignment. There does not seem to be an array available for work relationships.

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